Cutting the cable

New here so need the straight answers if possible. Cable bill to high, wanted to save money so talked to friend, said to stream, bought a Mag 420w1 from local shop, came with 1 month provider included purchase price. After joining and reading the posts going way back, it appears I paid $150 for a light weight brick. My head is swimming from all the things I have been reading. As you can’t add new urls, should I get a different device or keep the mag and get subscription renewed from the guy who sold me the box. Some sites say to downgrade software???. Sorry if this has been addressed and for being so long winded.
 
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