When was the last time you questioned how much your cell phone actually is costing you?
And this goes far beyond that bloated bill, although that is part of the problem as well. The cell phone bill, much like cable, can be manipulated or made much leaner to help a budget in question if you avoid certain pitfalls.
Of course, your data plan might be the least of your concerns, particularly when you consider the phone and how much it costs. The days of the two year agreement and having to pay a few hundred dollars at the point of sale have been replaced with a phone leasing program, which is appealing to those who don't have the up front cash.
That leasing program, however, wasn't put together (sorry customers) to appease consumers or for phone companies to make friend, thus the reason is pretty clear: to make money. Those leasing programs may sound wonderful because you don't pay much to get the newest phone, but once you're eligible to turn the phone in and get a new one, you've already paid full, retail price for the entire phone. Typically, the average smart phone is going to cost you $500 or more for the phone over that time period. Suddenly, the few hundred bucks up front doesn't sound like such a bad idea.
The better bet is to find a phone at a lesser rate online, even if it is the model from a year ago. That will cost you half of what you're paying over the course of 24 months for that brand new phone.
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