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How to Save Money on Your Monthly Phone Bill

How to Save Money on Your Monthly Phone Bill

Families in the United States squander around one hundred and thirty nine dollars each month on cellular phones according to J.D. Power and Associates. This is above the one hundred and twenty seven monthly in the year 2009. And based on the reports of the Bureau of Labor Statistics in 2011 household spending on cell phone services shot up by above 4.5% and since the year 2006 has increased over 20%. While there are methods to get free home phone using Google’s GV service as I talked about on this post on CorVoIP website, we are mostly talking about cellular phones.

Avoid Wireless Charges You Don’t Use

Todd Dunphy used to work closely with Verizon and he helped develop the mobile phone analytics organization called Validas. Todd has partnered with ABC News “Real Money” team in an attempt to do away with “wireless waste”, which is data, minutes, and texts that haven’t been put to use. Validas is a business that executes evaluations of cell phone utilization for big organizations, and they just lately released Savelovegive (SLG) the very same service for no cost at all to consumers. Its creators plan for the website to turn that “wireless waste” into something useful although the service is free, inviting people to pledge a small amount of their savings to charity. The company doesn’t take a cut from users’ donations. Even if you do not want to take your phone with you in case your CDMA does not work abroad, you could get same apps on your laptop through the infamous hack of emulation.

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“So you have your savings linked to a foundation for the empowerment of women we built in microphilanthropy inside the app”, according to Dunphy. You can take a bit of that savings and redirect it. Or you can preserve it all for yourself, it’s no big issue. But we developed a vehicle.

Validas claimed that when it comes to monthly mobile phone bills 80% of the American population overspend by about $200 every year. As soon as Dunphy looked over the bill of Barry at SLG, he figured out ways to save much more than that almost instantly.

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Though SLG automatically prepares an email that customers may send to their carriers to switch plans, Barry went into an AT&T retailer to switch his plan face-to-face. Because Barry changed his plan to a MobileShare with 6GB of data monthly and adding a corporate discount he’ll go on to save about $1,400 within the year.

Pro Tips to Save Your Cell Phone Bill

If you are ready to lessen your bill and make sure you have a cellphone that fits you perfectly check out some of Dunphy’s effective tips below.

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1. Let free sites figure it out on your behalf—just plug in your cellular phone number. At SLG, you log in with your carrier account information, giving the site access to your previous bills. By taking a look at usage and charges the website analyzes the bills. Once the analysis is complete it will compare your plan to other plans on hand and give you ways to switch up the plan you currently have and save. At the moment customers of AT&T and Verizon are who SLG works for, but the website expects to expand to other carriers soon. Another analysis site is Billshrink. When it came to Barry he was only utilizing 2.5 gigabytes of data each month, but he was purchasing a total of 8. By bundling talking and texting into one new plan, he could save nearly $1,200 a year. You can also check out VoIP plans to use when you are at home or even there are VoIP plans for small businesses.

2. Look for sneaky charges like horoscope texts, roadside assistance and 411.
Very small charges can be added onto your bill without your knowledge. According to research done by the Citizens Utility Board and Validas it’s over five dollars each month on average. If you notice a charge doesn’t look right call your carrier immediately to get them to get rid of it.

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3. Obtain your discount.
In order to get their employees discounts many companies work with mobile phone carriers. It’s not merely for corporate workers – teachers, government workers and even students can qualify. But the key is that you must ask for it, entering your company email on the carrier’s discount site. Examine the discount pages at AT&T, Verizon and Sprint. Barry will qualify for a discount of upwards of twenty five percent since his employer was just bought by IBM – check yours here. The discount may save him yet another $200 yearly. Dunphy told ABC News that Barry’s situation was standard.
A good deal of it is awareness, he explained. Awareness of what’s out there and then also figuring out what you use and what’s out there. It’s like going and acquiring a suit or a dress, getting it perfectly customized to you.

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Mukesh Agarwal

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Last Updated on June 26, 2020

25 Easy Tips on How to Save Money Fast

25 Easy Tips on How to Save Money Fast

“How to save money fast?” This is the question asked by all of us not in the top 1% of rich people.

If you are looking for ways to drastically reduce your expenses immediately, first look at what you need to spend money on every week. And I mean really need.

You don’t really need to order in food. You don’t really need to buy expensive perfume.

Building from that, you can work out how your regular expenses can be reduced.

As for irregular expenses, they can also be deceptively costly in the long run. Once-off buys can also be tackled with some prudent planning and a little extra research.

And remember: a budgeted lifestyle does not mean a bad or boring one!

But first, understand what budget you can cut down on daily:

  • Regular expenses for the average adult (can be trimmed but not eliminated):
    • food
    • rent/mortgage
    • cell phone
    • insurance
    • socializing/entertainment
    • transportation
    • hygiene products
    • household bills
  • Irregular expenses for the average adult (can be eliminated or cut down a lot):
    • travel
    • clothing
    • medication (*depends)
    • grooming (hair, nails etc.)
    • gifts

Now, let’s dive right into the 25 ways to save money fast:

Save Money on Food

1. Bring a stock of food to the office/work

Instead of popping out for an overpriced salad and a smoothie, leave a set of basic utensils at the office as well as a stock of non-perishable goods such as tinned fruit, tuna, rice crackers and so on (try to avoid the junk food and this can turn into a pretty great diet!).

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Stocking up means you won’t forget or say “I didn’t have the time” when you rushed out to work in the morning.

2. Buy the store-brand version

Many basic foods, such as bread and milk, will taste exactly the same as their branded alternatives. Go for stuff with minimal additives and preservatives. Meat in a tube is probably insanely unhealthy!

3. Eat cheaper cuts of meat

Learn how to tenderize and flavour cheaper meat and fish, and save on the (typically) most expensive item on your grocery bill.

4. Have group dinners

If 10 friends put $5 each in the kitty, it’s pretty easy to make a giant lasagne and get refreshments, as well as hang out with your favourite people.

Save Money in Transport

5. Get a bicycle

Save on gas money and bus/metro fares with this underrated mode of transport.

6. Use public transport and/or don’t get taxis

Some places can only be reached by car. But as a good practise, check your public transport website and see if any routes pass nearby where you need to get to. Walk as much as you can.

7. Find the cheapest gas

Regularly check out where the cheapest gas can be bought.

Save Money in General Shopping

8. Shop online

Not only will you save on the gas or transport fares from going to the shopping mall but you will also find better deals

9. Sell your old stuff

Get your unwanted belongings up on eBay ASAP and earn a few dollars.

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Here’re more ideas for you: 25 Things to Sell to Make a Lot of Money

10. Bulk buying stores

For regular non-perishable/slow perishable purchases such as toilet paper, cat food, pasta, washing powder and so on, do an epic stocking-up trip to a co-op or equivalent (my mum used to go to a place that restaurants buy from).

Be wary of supermarket “deals”, as some have been found to be fraudulent after working out a simple calculation.

11. Become a flea market/car boot sale/street market guru

You can find original gifts and develop good negotiation skills at these places.

12. Generic brand medication

More often than not, the generic version of paracetamol and other basics work the same as the branded version.

13. Choose deodorant, not perfume

It blows my mind when someone drops $70 on a bottle of spray. Stick with a nice deodorant, and not only will you smell just fine but you’ll be sweat-free as well!

Cut Down on Household Expenses

14. Printing

Ink is one of the most expensive substances in the office and coloured ink is doubly so. B

e more efficient and choose black and white, and if your printer doesn’t have a print-both-sides options, just print odd pages first, re-insert the paper and print even pages.

Expand the margins of what you are printing as often as you can to save on paper.

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15. Minimize SMS and phone calls

A combination of a free chat service such as WhatsApp and a free call service such as Skype can reduce your bill to nothing (so long as you have a decent Wifi connection).

16. Shop around for insurance

Most people don’t spend enough time searching for the best insurance deal.

Keep a watchful eye out for deals and new competitors in the market.

17. Try re-negotiating your rent/mortgage

If you have built up a good credit history or a good rapport with your landlord, then chances are a frank chat about needing to tighten your spending could result in lowering your payments. You’ve nothing to lose from trying.

18. Don’t get a TV

Invest in a computer/laptop and an internet-only package. You can watch more (and often better) entertainment on the web, and skip the advertisements as well.

19. Pool your internet bill with a neighbour

My apartment building is basically a big old house split into three apartments. There are five of us in total. We pool the internet bill, making it crazy cheap.

Save Money in Socializing, Entertainment And Travel

20. Have house parties

Instead of paying for overpriced drinks, set up a series of in-house get-togethers with your friends. Everyone takes a turn, so it’s not always your house that needs cleaning.

For sound insulation, hang heavy drapes on the walls and windows. For music, invest in a good second-hand set of speakers which you can connect to your computer. Let Spotify or Grooveshark playlists do the rest.

21. Open festivals, meetups and events

It never fails to surprise me how much underground stuff goes on around me for free or for very cheap. Find out who runs the blogs and websites that list all the less well-known cultural activities.

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22. Volunteer

If you can’t pay for a ticket, volunteer and get to be there anyway.

23. Housesit

There are multiple housesitting websites offering you the possibility to avoid paying hotels and skip the discomfort of crummy hostels.

Save Money on Hygiene and Beauty

24. DIY beauty

French manicures, pedicures, waxing, eyebrows… pretty much all of these can be achieved at home (and done well) with some practise. There are plenty excellent blogs and YouTube tutorials to help.

25. Fewer haircuts/volunteer at a trainee hairdresser

If you can’t bear the risk of a trainee touching your locks, learn more ways to manipulate your hair as it grows and get haircuts sparingly. Women’s haircuts are outrageously priced in many cities.

Bonus: Effective Money-Saving Tips for Everything

Here’s a summary of what you can generally do to save more money:

  • Share/pool resources. Organize a neighbourhood sharing scheme, common resources for your apartment block or with your friends. Not everybody needs an individual lawnmower.
  • Buy energy-saving everything. The easiest way to lower your bills – replace those lightbulbs!
  • Buy in bulk. Be sensible about it (i.e. make sure you have space!), and drastically reduce weekly expenditure.
  • DIY. Skill up using YouTube tutorials on plumbing and many other essential services so you never have to pay for simple problems again.
  • Research a lot before making a decision. Most money-wasting is the result of poor preparation and planning. Don’t shirk this part just because you don’t like it!
  • Use your network. Your network is full of resources that can ease the pain of budgeting. Ask for help.
  • Stop and think. Do I really need it?

Unfortunately, there are some things that require plain ol’ giving up for the time being. This can include high-cost sports such as skiing, the latest versions of some technologies, the finest brands of food/drinks, premier seats at the opera and most other indulgences.

What is important to remember during lean times is that when you look back on your life, it will be the experiences that stand out, not the extra comforts.

Living on a budget can teach you a lot about how much you can really get out of your paycheck. We only live one life, so make the most of every penny you earn!

More Tips for Personal Finance Management

Featured photo credit: Unsplash via unsplash.com

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