This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

4 Ways To Reduce Your Phone Bill

The telephone has changed dramatically in recent years. The rise of the smartphone has made the corded, home-bound devices of the past seem like relics -- even though they were virtually the only option a few short years ago.

The rapid shifts in this realm have made it essential to review your phone services regularly. If you haven't evaluated the services you're paying for lately, it's possible you're being charged every month for things you don't need.

Here are four potential ways to reduce your monthly phone bill.

1. Go cell phone only

If you rely on your cell phone more often than your land line, canceling your land line may save you hundreds a year with only a minimal impact on your phone habits. But it's important to ask yourself a few questions before you commit to going cell-only. Do you have adequate cell phone reception at your home? Will there be hassles involved in losing your land line's phone number? What will you do if your cell phone goes missing? But if you can find satisfactory answers to questions like these, canceling your land line may be a viable option.

2. Seek a land line contract

If you are committed to keeping a land line in your home, home office or business, some service providers will reduce your monthly fee if you enter into a term contract. Terms vary per provider, but one- and two-year contracts are typical. The longer the contract, the lower your monthly rate is likely to be. Also ask your phone company if there are other options for cutting your bill. Tell them you want the lowest rate possible and see what they offer.

3. Look into a phone connect device

If you wish you could cancel your land line, but still want to keep your existing home phone number and have the option to use a ordinary telephone at home, consider a phone connect device. These portable and plug-and-play devices allow you to wirelessly connect to and make calls via your cell service provider's network from a cordless or corded telephone in your home. You don't need a land line for these devices to work, but you do need existing cell phone service from a provider that offers this type of device, such as AT&T, Sprint or Verizon. You may have to pay upfront for the device and a monthly fee, but depending on what you're paying for your land line now, it may still offer a net savings.

4. Review your voicemail and other services

Some land line providers charge as much as $25 per month for voicemail service. Consider cancelling that and using answering machine software instead. Many option for this are available, such as Fonawy, EZVoice and IVM Answering Attendant, and some of them are free and downloadable online. These programs often come with features like caller ID, automatic answering, conversation recording and call notification. While you're at it, also think about cancelling any other extra services you have with your land line, such as call waiting, last call return (*69) and call forwarding, as these fees can add up quickly.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs