How To Save Money on Phone Bill

Learning how to save money on your phone bill will put extra cash in our wallet.  That is because if you are not careful your bill can quickly escalate and take out a hefty part of your monthly paycheck. Can you actually find a way to save money on phone bills? An appropriate answer to the question can be daunting with little knowledge. However, here are some options available that can help you lower your bill.

9 tips to save money on phone bill

1. Add lines: At first, it might sound odds because add lines will actually increase your bill. But splitting with other people will reduce what you each pay. Moreover, the more line you add the better overall price you receive.

2. Use wifi when you can: Data coverages can add up quickly, and some providers charge a premium. Yet make sure you stay within your monthly limit. Consequently try to use wifi connection whenever it’s available at home, work, coffee shops or malls. If you are on the go don’t use your data to download, stream video, music or listen to podcasts.

3. Swap phones with your community: Some plans include the price of a new phone. Try to keep your phone longer and resist calls for a new phone. If you need a new phone just try and swap with another person that might be looking for a new phone but don’t want to pay for it. You can start by leveraging your family, friends and immediate environment.

4. Get a corporate discount: Chances are your company has a partnership with a specific mobile carrier, try and take advantage. Usually depending on the size of your company you can get a very good deal. Nevertheless, the challenge will come from the carrier choice and the duration and the terms of your commitment.

5. Cost-share with an employer: You could conduct business on your personal phone for your employer. This could include phone calls, email, and others. Or you could simply use the business phone for your personal business. Obviously, you want to make sure the company has a cost-sharing policy in place or your employer participate in phone reimbursement.

6. Switch to paperless: Nowadays, companies offer some discount if you switch to paperless billing.  The amount save typically around $5 might look negligible but it can quickly add over the long run.

7. Do you need all the extras?: This is an essential question you have to ask yourself.  That is you have to be careful when you are signing your mobile bill contract. Think of insurance, extra data, streaming services, international calls, and other add-ons. They can climb up to $20 per month. That is exactly what I save on my phone bill when I cancel everything.

8. Go without data: This is a more radical approach especially nowadays. But you can evaluate your lifestyle and check if you actually really data 24/7. If you really need data perhaps you can go for the plan you really need. For example, I managed to survive more than 2 years without data. It was challenging but I made it. I simply took advantage of all the free wifi at work, coffee shop, home and etc…

9. Expensive phone: Not sure you really need that. One of the most critical components of a phone plan is the price of the phone. In some cases, it represents more than 40% of the total of your bill. So reevaluate and resist the sweet sales talk and ask yourself if you really that trending phone with those amazing features. More if you can keep your phone as long as possible you are up to save good money.

10. Keep your phone longer: Indeed with today’s pressure on phone companies to keep up with the competition. So they are making new releases practically every month. It could be challenging for the average consumer to resist the trending temptation of changing phones all the time. However the longer you keep your phone the better deal you can get if you absolutely need a new phone.

11. Don’t buy a contract phone: contract phone is extremely expensive. The monthly plan might seem cheaper at first sight. But in the long run, when adding up interest rate it becomes expensive.

12. Switch carriers: Shop around and see who can give you a better deal that fits your budget. You’ll probably find a good offer at less known, smaller carrier. Most of them have some links with the big guy. So chances are you are still going to keep the same benefits. So do your research and shop around.

Takeaways: How To Save Money on Phone Bill

The above tips are not exhaustive but reflect edulers’ contribution to the topic. By implementing those you will be able to save money. As usual, financial empowerment is central to our actions and ideas.

Conclusion:

Choose the right phone plan, is often not regarded as a critical decision. As a  result, people don’t take their time to assess every corner of the decision.  You will want to evaluate many factors when going after a plan especially if you want to save money.

  • Try to determine how much data you can use monthly
  • How many minutes of calling you can approximately do per month?
  • The carrier network coverage
  • The cost of the phone
  • Your monthly budget. I will recommend your cellphone budget shouldn’t be more than 15% of your total revenue.
  • In addition, always monitor your bill.

 

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