Ready to save money on home internet services to reduce your household expenses? These 8 tips are exactly what you need!
Some bills are easy to save money on because you can simply use less of whatever you’re paying for. But how can you save money on your Internet bill if it doesn’t matter how much you use? And you definitely shouldn’t cancel it completely unless you absolutely have to.
Too many things rely on an Internet connection these days. But you’ll be happy to hear that there actually are a couple of clever ways to reduce the cost of your Internet. Here are 8 Tips to Help You Save Money on Your Internet Bill!
8 Tips to Help You Save Money on Home Internet
1. Get a Lower Speed
You probably were guessing this would be the first tip and are ready to dismiss it. But hold on a second, hear me out. Here’s the thing- a lot of us don’t actually know what Internet speed we really need. When we go to buy Internet service, we see the options, have flashbacks of horror to the dial-up days, and pick the fastest choice we can afford out of fear.
But did you know that you really only need 5 mbps to stream Netflix in HD? This is per user, so if more than one person is streaming at a time you’ll need 5 mbps times the number of people. 5 mbps is also enough for online gaming. So 20-30 mbps is enough for most households.
2. Get a Bundle
One of the easiest ways to save money on home Internet service is by getting it as part of a bundle with something else that you need like phone or TV. Depending on your savings, it may actually be better to get an Internet + cable bundle than to pay for Internet and “cut the cord” on your cable.
But do be smart about this and do your own math. The cable website will try to make the bundle sound like the best deal in the world, but you don’t need to be paying for extra channels or services that you don’t really want/need. And sometimes the bundle price expires after a year, or there are other hidden fees. So keep all of that in mind.
3. Buy Your Own Equipment
A simple way to save money on your Internet bill is to simply buy your own modem and wireless router. Renting equipment from the cable company usually costs very little per month, but in a year you’ll have paid them the equivalent of a high quality modem and router that you could have bought at the electronics store. In 2 years, you’ll have overpaid. Imagine how much the company makes off of you if you stay with them for 10 years, especially if at any point they raise their equipment rental prices!
Amazon has some great deals on Internet tools so you don’t have to keep paying for something you don’t even own!
NETGEAR CM400 (8×4) DOCSIS 3.0 Cable Modem. Certified for Xfinity from Comcast, Spectrum, Cox, Cablevision & moreNETGEAR Nighthawk AC1750 Smart Dual Band WiFi Router (R6700)TP-Link N450 Wireless Wi-Fi Router, Up to 450Mbps (TL-WR940N)Norton Internet Security Deluxe – 5 Device [Download Code]
4. Look for a Competitor
It’s likely that since the last time you went Internet shopping, another company or two may have improved their prices. There may even be a new company servicing your area! So do a quick search and see if there are any better prices out there. Just remember that new customer deals usually only last for one year- make sure you’ll like the real price once the deal ends.
5. Say You’ll Cancel
If you’re a good negotiator, you may actually be able to save money on your Internet bill by threatening to cancel. You may not even have to be good at negotiating if your Internet company is desperate enough. Many customer service representatives are told to try to keep customers no matter what. Some companies have a whole department called “retention.” So by threatening to cancel, you may actually land yourself a better price.
6. Get Statement Credits
Was the Internet out for two hours yesterday? That’s 2 hours you paid for, but didn’t receive service for! If you complain, you may get a statement credit. This likely won’t be a huge amount, but if you do it often enough you can save some decent money. Of course, only do this honestly.
Companies know when their service to an area is really down. And check for any conditions related to this rule. Some companies require a minimum number of hours (like 4) before they’ll issue a credit, and may require that you call in to report the outage when it starts to mark the time.
7. Get a Subsidy
Did you know that if you make less than $35,000 a year, you may qualify for Internet service that only costs $9.95 a month? EveryoneOn is determined to help everyone in America get Internet service, since they know how important it is to daily life and education. Check out EveryoneOn.org and to see if you qualify for inexpensive Internet.
8. Sign Up Someone Else
Not many people know this, but you may be able to take advantage of new customer sign-up savings twice if you change who’s signed up for the Internet bill! A clever way to save money on home Internet service is to cancel your service after your sign-up savings expire, then sign up your significant other or roommate for the same service.
The new customer bonuses/savings apply to individuals, not addresses, so since it’ll be a different name on the bill, you’ll get another year of new customer savings! Just make sure the company you’re working with doesn’t have a disclaimer that makes it so this won’t work with them.
So as you can see, while you can’t save money on your Internet bill by simply using it less each day, there are some good tips and tricks you may be able to use to save money.
Do you have any tips that help save money on home Internet services? Please share them in the comments below!