True Cheapskate – Save On Your Internet Bill Like A Champ!

I once, as an internet consumer, was overpaying for my internet bill. I did these four things to help cut down on the cost. You can try them as well to see if they can help lower your internet bill.

1) Purchase your router or modem instead of renting

If you plan on staying with your current internet provider for the near future, then it may be more economic to buy the router. Most internet providers charge roughly $10 to $19 monthly to rent their items. If you stay with that company for 3 years, then you are looking at a fee of around 400 dollars just to rent the modem. In my case, around 5 years ago I had to pay for each modem that I rented as I had 4 rooms and each of them had an internet router.

2) Lower the speed you use

Internet service providers are trying to take things to the next level. They do this by promising download speeds of 100 Megabits per second(mbps) and beyond. That is fantastic if a family needs that kind of production, however the truth is most families don’t.

Lowering the amount of speed you use can lower your bill by roughly $35 dollars or more, according to NerdWallet. In addition, in a survey conducted by NerdWallet, it was said that for a family of 3, all you need is around 30 Mbps, assuming everyone in that family knows how to surf the internet.

3) Negotiate a deal with your current provider

You do not need to have a silver tongue to get a good deal from your current provider. Your position is very simple. Tell the manager that “you know a better deal elsewhere, and you are prepared to leave in order to get it”. This tactic works like a charm especially if you have been a loyal customer that always paid the bills on time. However, I recommend you be polite yet firm. The more you can back your position with facts, the more leverage you have.

4) Bundle your internet

If you have cable, it may be a smart decision to combine your internet with it. I bundled my internet with cable over the last 5 years and when I look at my savings after I did, it amounted to $1500. One thing I may caution you however, be aware of potential “up-sells”. Internet service providers may try to influence you to take extra speed or channels for only $10 to $15 dollars more. What some consumers fail to realize is that “up-sells” increase slowly over time.

Marc-Eddy Drouinaud Jr

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