Cutting back on everyday expenses is an easy way to free up some cash, whether it’s paying off debt or adding to your emergency fund. In particular, saving money on your internet bill is easier than you think. With the following tips, you will be able to save on your internet bills every month.
Do not worry. Saving on internet costs doesn’t always mean you have to sacrifice internet quality. If you are looking for ways to increase your internet speed without paying a high price, check out how to get it faster internet at home for free (opens in new tab).
The following tips can help you cut down on internet bills and put more money in your pocket each month.
Buy your own modem and router
As opposed to renting, buying your own modem and router can save you money in the long run. Rental costs are typically $10 to $15 per month, ranging from about $240 to $360 per year. You can find a decent modem/router combo for less than that, so if you plan to stick with an ISP for a while, this can be a good way to save money.
check it out The best cable modems (opens in new tab) and the best Wi-Fi routers (opens in new tab) For 2022.
Choose the right internet speed
Just because ISPs offer high-speed plans doesn’t mean you need that level of service. In fact, reducing your internet speed can lower your monthly internet bill 26 dollars (opens in new tab) in some cases. Especially if you live in a house with few people and devices, you will be fine with low internet speed. If you use the internet for basic tasks like simple web browsing and emailing, you won’t have to worry about your internet quality degrading.
Bundling your Internet with other services, such as cable TV or your cell phone, can also help you save money. Many providers offer it discounts on various packages (opens in new tab) can help reduce costs. However, make sure you don’t fall for any sales your provider may try to make, whether it’s adding different channels or increasing your internet speed.
Also remember that bundling is only a good option for services you’re already committed to using. So if you only use streaming services, you won’t necessarily save on paying for your internet and cable TV package. If you can reduce the number of devices in use, you will use less bandwidth and save money as well.
Take advantage of government assistance
If you’re struggling to pay your internet bills each month, you may be eligible for help. The Affordable Affiliate Program (opens in new tab) is an FCC benefit program aimed at helping households get the internet they need. To qualify for the program, your household income must be 200% or less Federal Poverty Guidelines (opens in new tab). Additionally, if your family member responds to one of these criteria (opens in new tab)you will also be eligible for assistance.
If you’re eligible for the program, you’ll pay $30 a month for internet services, or $75 a month if you live on tribal land. Households will also be offered a $100 credit toward the purchase of a computer if they contribute more than $10 and less than $50 toward the purchase price.
Negotiate for the best deal
Before checking out the available competitors, you’ll first want to determine exactly what you use the internet for and how many devices you have. From there, you will be able to choose the appropriate internet speed for your use. Once you know this, you can start shopping around for the best deals by comparing your expenses to what you’re currently paying. Many providers offer discounted entry rates. If you find that your current provider is the best option for you, try to negotiate with them. You can potentially get a lower monthly rate.
Here’s what to do you need to know when negotiating (opens in new tab).
- Monthly payment amount when you sign up
- Amounts and reasons for any bill increases
- Length of subscription to date
- A list of any service issues you are experiencing
- Competitive plans and sign-up bonuses in your area
- Sign-up bonuses offered by your current provider
Please note your good account status, along with any frustrations or problems you experienced with the service. Be sure to be polite but firm.