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How to Save Money on Your Internet Bill

by Christina Apple

If you are feeling the pinch lately then you may be wondering how you can ensure that you have more money leftover each month. There is usually always somewhere you can shave off a tiny bit of money, but every little helps. If you are wanting to save for a bigger purchase or even a vacation then take a look at the article below to see how you can save money on your internet bill. 

Understanding Your Bill

Internet bills can be some of the most confusing pieces of paperwork to understand, you might think you need a degree just to make sense of it. Once you know all the terms and lingo on your bill then it will be far easier to decipher each month. Here’s what you can expect to see on your monthly bill – regular charges, one off charges, add ons, and the package details you signed up for. Your regular charges should be consistent each month, these make up the majority of your bill and shouldn’t change much. One off charges could be anything from extra data usage to installation fees if you have just signed up. You will also notice your package details and the speeds you should be getting. 

Lower Your Speeds

If you are trying to save money on your internet bill then you might want to investigate what speeds you are currently getting as well as how much internet you are actually using. A lot of people tend to sign up for whichever package seems best, because let’s face it nobody really understands any of it. However, the speeds you need will depend on what you tend to use your internet for. If you are using it for simple browsing and online shopping with the occasional stream then you won’t need high or fast speeds. Try and do your research on different speeds, the higher the speed typically means you will pay more each month. If you don’t need your current speed then speak to your provider about changing your plan. This could end up saving you quite a bit of money. 

Shop Around

It always pays to shop around, there may even be a company that you haven’t thought of when it comes to an internet provider. Don’t settle for the first good deal you come across, as it might not be the best one for your circumstances or your wallet. If you don’t know where to start looking then it might be worth trying a money comparison site. They will take your information and your needs then return the best company and the best price for you. Obviously you don’t have to go with the best one or the first one that comes up, there will be a few different ones to choose from. Some companies if you go through a comparison site will give you a reward, this could be in the form of an online gift card. Do be aware that not all internet providers are on price comparison sites so before you sign on the dotted line, check out a basic internet search just to be sure you’re getting the best price. 

New Customers Benefit 

Something else to be aware of is new customer prices when it comes to your internet. This does mean changing your provider each time but if it saves you some dollar then it is totally worth it. New customer deals can be as much as half price when you sign up, this is because companies rely on people renewing their contracts. These renewals will be significantly more than you have been paying since the start of your contract. Internet providers will always advertise their deals for new customers to entice you in, so you won’t have to look very hard to find them. Make sure you double check all costs when you sign up. Ask them to clarify anything if you are unsure, customer support is there to help you. 

Don’t Shy Away From Bundles 

If you are wanting to get cheaper deals on your internet then it might work out better if you bundle everything together. A lot of internet companies don’t just stop with the broadband, they may also offer TV or mobile plans as well. This might seem counterproductive, surely taking out further plans will cost you more each month. This isn’t always the case as companies can offer you extra discounts if you already hold products and services with them. It is always worth checking and asking the question, the worst they can say is no. If having a bundle means saving money each month then take it, just make sure you check if the bundle price is for the length of the contract. 

Prices Will Rise 

When it comes to internet prices you need to always be aware that they are likely to rise each year, this tends to be based on inflation. However, internet inflation tends to be far lower than inflation elsewhere. It can make a huge shock if you are not prepared for these internet price hikes and you may even struggle to find the extra cents for that bill. One way to avoid being stuck with the price increase is to time your sign up to match when the costs change. When you sign up, the small print will actually tell you when the price rise is likely to happen. If you sign on the dotted line for a 12 month internet contract then you can avoid these costs and have time to shop around so you don’t get stung. 

Be aware, if you try and get out of your contract before it ends then this can incur extra charges. These will be specified in your contract that you sign when you agree to the terms of your new internet connection. Clue yourself up on these so you know where you stand and how much specific charges might be if you do need to end your contract early. 

Hopefully you found this article helpful and that it gave you some fresh insight into how you can save money on your internet bills. There will always be ways to do this that businesses don’t want you to know about. Remember, it is always better for them to keep you as a customer rather than lose you to another company. They will try everything in their power to keep you around. Use this to your advantage and don’t be afraid to ask if you can think over anything they have offered you.

Author

  • Christina Apple

    I specialize in personal finance and economics with a focus on finding deals. With a strong foundation in economic theory and practical financial management, I aim to demystify complex financial concepts for my readers. My articles focus on providing actionable insights and strategies for achieving financial stability and growth. I enjoy exploring a wide range of topics, from everyday budgeting tips to in-depth analyses of economic policies. Through my writing, I strive to empower individuals to take control of their financial futures.

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