We’re all attached to our phone. For many people, the phone is the first and last thing they see each day. Debate rages about how healthy that is for us, but that’s another story for another time. Let’s discuss what to do when your phone is no longer healthy for your bank balance.
If your phone is burning through more money than you would care to admit, it’s time you took steps to put an end to that. Luckily, there are things you can do, whether or not you’re still in your contract period.
Identify your pain points
If you are consistently being charged way more than planned for your monthly bill, it’s a good idea to see if you can get a breakdown of costs. Finding out what the problem is can be the first step to fixing it. Is it that you’re burning through your data? Is it that your minutes never seem to stretch far enough? Once you’ve identified your problem you can think about your options. If you’re lucky enough to be out of your contract, you’ll have more options available to you. If you’re still trapped in a contract, you could try more creative measures, like trying a digital detox to reduce the amount you rely on your phone or setting yourself daily limits for screen time.
Check when your contract ends
When did you last check your contract? Many of us have 12 or 24-month contracts, but time flies by and we forget to check. Leaving before your contract ends might incur a penalty. But once you’re out of contract, you’re free to check for better deals. Not every network will give you a heads up that your contract is about to end – the onus is on you to remember and act. So check your contract and pop the end date in your calendar. Most 24-month deals cover the cost of the handset, so you’re paying for more than just your data and minutes.
Getting a better deal
If you’re already outside of your contract, do your research to find a better plan and switch to this as soon as possible. You could also contact your provider to see what they can do for you. Sometimes, if you say you are thinking of leaving, they’ll offer discounts or freebies to encourage you to stay. If you’re hoping to switch provider, it’s worth considering if you need to upgrade your handset, or if you would be willing to keep your old handset and potentially save money there. Once your existing contract is up, there’s nothing to stop you from keeping the handset going for a sim-only option like this one: https://smarty.co.uk/sim-only.
Make sure your wifi is on
Are your phone bills high because you’re burning through data? Always check that your wifi is switched on. If you turn it off for whatever reason and forget to turn it back on, you could be eating up data watching Youtube videos at home. It’s easily done and (depending on your data allowance) can end up costing you a lot. Getting into the habit of checking could save you from this gut-wrenching mistake and save you a small fortune.
Consider your insurance
If you need insurance for your phone, don’t just get whichever deal your network offers. Shopping around for better deals could save you a lot of money. Compare different insurance deals and the amount of cover they provide here: https://www.gocompare.com/home-insurance/mobile-phone-cover/.
Put a cap on your spending
If you’re constantly going over your allowances, it might be possible to put a spending cap in place. This will make it impossible to exceed your data allowance or other limits so that you can’t get any more unexpected bills. Another option is to discuss increasing your limit. Yes, this will almost certainly cost you, but it might still be cheaper than consistently going over your allowance and racking up fees. You could also consider setting limits for yourself, although these might be harder to maintain.
It might seem like a lot of hassle, but once you start saving money you’ll be glad you invested the time and effort to sort your phone out. It’s easy for a small monthly fee to become a significant annual sum. Just think of all of the things you could do with the extra money your phone is burning and that should motivate you to start saving money on your phone.