Do you think you’re overpaying for your internet connection? Here are some smart tips that will help cut your internet bills.
Purchase Your Own Modem and Router
If you plan to stay with your internet provider for a few years, it might be more cost-effective to buy your own internet hardware instead of renting it. Many internet providers charge $10 to $15 a month to rent out their equipment. If you stick with that company for two years, your total rental costs would range between $240 and $360. In comparison, you can purchase a top-rated modem and router for less than $200.
Reduce Your Internet Speed
Most internet providers offer plans that guarantee download speeds of 100 Mbps or more. That’s only great if you really need super-fast internet. Most families don’t. Reducing to a lower, more appropriate speed will reduce your monthly bill by $35 or more, depending on your carrier.
Negotiate Your Bill
If you want to play the negotiation game, your position is simple – you know of a better deal elsewhere, and you’re prepared to leave this offer to get it. Be polite but firm and don’t bluff. The better you can back up your point, the more leverage you’ll have. Research promotional prices that your provider’s competitors are offering to new customers, and be prepared to really cancel your service to change providers.
Bundle Services
If you have cable already, you can save more than $1,000 over two years by bundling your cable and internet service with some providers. But beware, carriers may try to talk you into extra speed or channels for an additional amount per month, which can add up over time.
Check Government Subsidies
The government offers subsidies on broadband internet if you fall below a certain income category or are enrolled in certain government programs. If your income is below 135% of federal poverty guidelines or if you participate in government programs like Social Security Income, Medicaid, or other such programs, you could qualify for a broadband subsidy.
Get Cheap Internet Service
If you need to save money while keeping your internet connection, you might want to downgrade to a limited-data mobile hotspot plan. These plans are suitable for activities like checking your email or social media a handful of times per month, but not for streaming or gaming.