7 Strategies to Reduce Your Mobile Phone Expenses – MaybeMoney

7 Strategies to Reduce Your Mobile Phone Expenses

7 Strategies to Reduce Your Mobile Phone Expenses

In the past, mobile phones were solely used for making calls. However, with today’s advancement in technology, the primary use of a cell phone is almost everything but making phone calls. From texting and video calling to gaming, watching movies, and internet surfing, our phones have become our world in a pocket. However, these diverse functions and applications often mean a steady increase in your mobile phone bill. Many people find themselves facing steep bills due to various fees and charges. So, if you aim to trim your monthly expenses, consider these seven strategies to reduce your mobile phone bill.

1. REVIEW YOUR PLAN
Before settling on a particular plan, it’s sensible to explore your options and compare various plans’ costs and benefits. Even if your initial plan seemed beneficial, it’s worth reassessing it after a year or two. Websites like WhistleOut and MyRatePlan provide comparative insights into various plans based on your monthly usage of texts, data, and minutes. Additionally, ensure the plan you settle on aligns with the prevalent network coverage in your location. Optimizing for network quality can minimize unnecessary roaming charges.

2. EVALUATE YOUR DATA USAGE
While selecting a plan, it’s tempting to opt for maximum data. Nevertheless, the more data your plan includes, the pricier your phone bill. Monitor your actual data usage using apps such as Data Tracker to avoid overpaying for unused data. Also, ensure to check any promotions or discounts your current carrier may be offering before switching to a different one.

3. FORGO PHONE INSURANCE
Phone insurance can seem lucrative, especially in case of damage or malfunction. However, if your phone is older or paid off, paying extra for insurance may not be a practical choice. Review the insurance policy carefully and weigh the necessity of the additional expense.

4. AVOID LONG-TERM CONTRACTS
While contracts are common with mobile companies, choosing a contract-free provider such as Straight Talk could save you money over time. You could buy your phone separately and then pay the provider for their monthly service, which could be cheaper in the long run. Also, without a contract, you won’t be obligated to pay onerous cancellation fees.

5. LIMIT ADDITIONAL SERVICES
Mobile carriers often provide a multitude of add-on services. However, it’s important to evaluate if you genuinely need these features, as they can significantly pump up your bill. Evaluate your requirements before opting for any add-ons and compare costs with third-party providers.

6. THINK PREPAID
A prepaid plan provides clear upfront charges, potentially saving you money in the long run. This can be an excellent option if you don’t need many minutes provided by standard contracts. Moreover, prepaid plans often offer better deals, including on data, and are available for various smartphone models, including iPhones.

7. USE TEXTING APPS
Regular texting can escalate your phone bill quite rapidly. Fortunately, multiple free texting apps like WhatsApp, GroupMe, or Voxer can help reduce this cost.

Having a mobile phone today is almost indispensable, but it doesn’t mean you have to break the bank. By picking the right plan, recognizing the necessary services, and employing a few money-saving tips, you can have a phone plan that suits your needs while keeping your budget intact. Have you found your mobile bill to be excessively high each month, or have you discovered any networks that offer better value for money? We would love to hear your thoughts.