34 min listen
#147 | How to save on your cell phone bill
Fromfriends on FIRE
ratings:
Length:
35 minutes
Released:
May 2, 2022
Format:
Podcast episode
Description
The average person is paying $60-100 a month for a cell phone plan, but in reality, we think that’s way too much! Most people can get solid and reliable coverage for $25-40 a month. This is our advice for what to consider as you research and explore new cell phone plan options. Do your research and decide what you need:Where do you live, and who has good coverage? These days all carriers tend to have excellent coverage. How much data do you need? For example, unlimited data usage versus are you OK with a cap on your data usage. What type of phone do you have or need? How many lines do you need? Pre-paid plans vs. traditional cell phone bills Almost all carriers have cheaper plan options if you go with a “pre-paid” plan. We explain what these plans are and why they cost less.Some of the best low-cost cell carriers out thereTheir offers are constantly changing, so when you’re ready to look into things, you need to go and see who’s offering what. Even if we made a massive spreadsheet highlighting and comparing them all, someone’s would change next month. Consider offer stacking. For example, you can sign-up through Rakuten for cashback or a sign-up bonus using a friend's referral link. The best discount companies we have found include Visible, Cricket Wireless, Mint Mobile, GoogleFI, Tello, and pre-paid plan options with any of the big networks like Verizon and AT&T.Approaches for traveling internationallyPick up a local SIM card or rent a wifi hot spot while traveling. You can buy international time/packages through many previously mentioned carriers, but they can get quite pricey. So if you go this route, manage your data usage proactively while traveling!Top 3 takeaways:You're likely paying too much if you’re paying more than $40 a month for your cell phone plan.Do a little bit of research or accept someone else’s research and make a change to save money today. Don’t get sucked into clever marketing. Generally speaking, cell phone plans are a commodity product, and you’ll get the same service from everyone.Show References:friends on FIRE episode #021 | Cell Phones and TV and Internet, Oh My!Visible referral link - first month is $5---Follow friends on FIRETwitterInstagramFacebookLinkedInLeave us a voicemail or text us: 404-981-3370eMail us at: friendsonfiremm@gmail.comVisit our website: www.friendsonfire.org---Other LinksMaggie’s Blog: Mostly Minimal LifeMike’s Book: Your New Relationship with Money
Released:
May 2, 2022
Format:
Podcast episode
Titles in the series (100)
#009 | Cars Are The Worst: Cars are the worst! Aside from a house, cars might be the largest expenses you have. People can spend so much money on a car, but in reality, does anyone really care what you drive? If you’re driving a car because you love it and can afford it, then that’s great for you. But if you’re driving a car because you’re trying to impress someone else or “keep up with the Joneses”, then it might be time to reconsider. by friends on FIRE