The internet is essential for everyday life, whether at work, school, or at home. However, it comes at a price that we’d all like to could by a few dollars per month. Fortunately, you’re not alone, and smart shoppers have discovered ways to save money on internet access. With these tips on how to save money on your internet bill, you can save some extra cash and make your internet fit better into your monthly budget
Purchase Your Own Tools
Isn’t it strange to spend money in order to save money? If you pay a monthly lease fee for your modem or router, this might be a viable strategy that pays off in the long run. Did you know that if you pay a monthly lease charge, you might end up paying more in equipment lease fees over time than if you just bought your own?
Do the calculations to see if this strategy is right for you. How long do you plan to remain with your current provider, and how much does one of their licensed modem router combo devices cost? Subtract the cost of your approved device from the number of months you want to remain with your internet provider. You may be shocked by how much less money you’ll save every month if you just buy your equipment outright. The math also ignores the significant improvement you get when you purchase high-quality equipment rather than used, refurbished equipment that has seen better days in many other homes before yours.
Make an effort to get a better monthly rate.
Are you upset that your bill has increased once again? You are not obligated to accept it and pay. You may be able to get a better deal from your internet provider. But, before you pick up the phone, do some research and see what else is out there so you have the right information to use as leverage.
Only after you’ve heard what’s out there and what’s available at your location will you be ready to call your internet provider and tell them the truth. Inform them of the situation. Let them know that their service is too expensive and that you’ve found a service that is more cost-effective, just like they used to be. You’ll want to speak with someone on their customer retention team for this discussion because they have the authority to tell you what you want. The team is there to persuade you not to switch or cancel your service, and they have some perks to entice you to continue, such as service discounts, free upgrades, or fee waivers if you just ask.
Be polite, kind, and assertive when on the phone, without raising your voice or being insulting. Treating them with the respect they deserve will improve your chances. Save money by not canceling their operation. As a last resort, you can also cancel their operation. You don’t want customer service to call your bluff and cut you off from the rest of the world.
Take Advantage Of Exclusive Offers For New Customers
Switching internet providers and taking advantage of all the new customer offers the new company has to sell is the simplest way to start saving money. Internet service providers would welcome potential new customers with cheaper costs, freebies, and other incentives. Those low introductory prices for new customers, on the other hand, won’t last long, and you’ll soon be paying full price like everybody else.
There are few, if any, incentives or discounts for being a faithful customer. If you call and inquire, some providers will upgrade you to the next promotion, but most won’t because they don’t want you to quit. If you like your current internet provider and don’t want to cancel service for a long time, you can always come back for the new customer introductory rate after a period of time. Each internet provider has a different definition of a new user, ranging from 30 to 90 days since you last used their service.
If you don’t live alone, one option is to cancel service and have your partner, family member, or roommate call for it in your place. You can take advantage of their promotional rate before it expires. All of these scenarios are excellent, but buyers should be cautious of contracts. If you’re in a deal, the early termination payments will cost you more than the money you’ll save from ending it early.
Bundle your internet with your television or phone service.
Do you have a traditional TV subscription or a costly wireless plan? If you answer yes to either of those questions, bundling your TV or cell phone plan with your internet could save you money on both bills. These companies will help you get some substantial cash back:
- AT&T: When you combine TV and internet, you can save $20 a month.
- Cox Communications: Save $40 or more a month on TV and internet with Cox Communications.
- Optimum: $10 off per line on a cellular service that is already heavily discounted.
- Spectrum: Save up to 40% on your cellular bill or $15 a month on TV and the internet.
- Suddenlink is offering a $10 per line discount on their already low-cost wireless service.
Some internet providers can give you a discount if you subscribe to any of their services with them. You’ll get a lower monthly rate and it will be on one bill. Before you decide to bundle your services, make sure you compare the costs of buying them individually. Not all packages are created equal, and not all can help you save money. This is particularly true if you need to upgrade your cable, TV subscription, or wireless plan as part of the bundle.
Pay Just For The Speeds You Need
Lowering your broadband plan and rates is one way to start saving money on your internet bill right now. What if you’re paying for higher speeds than you’re getting?
Here’s how it goes. Let’s say you pay $89.95 a month for 1 Gbps MetroNet internet, but you live alone and only use your internet to watch TV at night, aside from the PS4 and smart TV. In this case, you might get away with a lower-cost internet plan, such as 200 Mbps, for half the monthly cost.
Assessing how you use the internet now and how many devices you have connected concurrently is the simplest way to determine whether you’re paying for more speeds than you actually use. You’ll have a clearer understanding of the speeds you need after that, and you’ll be able to make a more informed decision about internet plans.