Your Netflix bill is about to get a lot more expensive—and technology columnist Nick Bilton warns that this is just the beginning of a new wave of hidden streaming fees that will hit your wallet. In a leaked internal memo, Netflix executives admit that the $2.99 price hike rolling out next month is designed to test consumer tolerance before implementing quarterly increases tied to inflation. Bilton, who famously predicted the collapse of cable TV, now says that the golden age of cheap streaming is officially over, and the average household could see their monthly streaming costs double to $120 by next year. To avoid the shock, experts advise you to log into your accounts today, cancel any services you haven't used in the past 30 days, and lock in annual plans before the next wave of price surges. Don't wait—your budget is already bleeding.