The best broadband money saving tips are secrets known only to a select few in the internet world – until now!
Broadband and internet services have become increasingly essential to our daily lives as more of us work remotely or subscribe to streaming services for watching TV shows and movies.
A lot of people are struggling to pay their broadband bills. This is a huge problem and it has risen by more than double in the last year, according to Ofcom.
That’s why it’s so important to make sure you are getting the right deal for your needs. It’s essential to shop around for the right deal so you don’t have to worry about your monthly bills and can enjoy a better service.
However, finding the right internet service can be a hassle. Before signing up for any packages, it’s essential to determine which providers you have available and what speed you need.
Also…
1. Broadband Money Saving Tips – Social Tariffs
As broadband prices increase and households feel the impact of the economic downturn, many are searching for ways to cut expenses on their internet bills. If you qualify (low-income households may qualify for special discount deals known as social tariffs) that could help you reduce your expenses.
A number of broadband providers are now offering social tariffs for low-income families. These are often cheaper than normal broadband packages and can be a great way to save money if you are on Universal Credit or other government financial support.
There are various reasons you might qualify for a social tariff. Those on Universal Credit are most likely eligible, but other benefits like Pension Credit and Guarantee Credit also count.
To determine if you qualify, call your provider and inquire. They should be able to tell you if on a social tariff; typically, proof of benefits will be necessary in order to confirm this status.
You can save money by switching your broadband provider when your current contract ends. However, be aware that if you leave early from your previous provider, there will be an exit fee charged from them.
2. Broadband Money Saving Tips – Negotiate your contract
Saving money on your broadband bill can be done in several ways. One option is by negotiating with your provider – though this can be challenging if you don’t know what questions to ask.
Your most valuable asset as a customer is your loyalty. Be aware of your account’s current status, such as how long you’ve been with the company and if you are nearing contract expiration. This way, you’ll know exactly what to ask for when negotiating with them.
Once you identify a deal that appeals to you, ask around and see if they can match it for existing customers. If the new package offers something better than your current package, inquire whether they will match it at no additional cost to your existing account.
Though it may seem like a lot of effort, negotiating can save you time and energy in the end. Who knows – you might even end up with an even better deal than anticipated! Just make sure you have an important reason for wanting to negotiate, then stick with it.
You should also be prepared for the possibility of losing your deal. Before calling, do your due diligence and be ready to share with them a better offer from another retailer. It may be time for you to change plans if they cannot match or offer you a lower price.
3. Broadband Money Saving Tips – Get the right plan for you
Are there limits on how much data you can access each month? If your plan meets your daily usage rate, this might not be a major issue. However, if you’re on an existing data plan with a cap you exceed on a regular basis, this could present problems.
Mobile/Broadband Cost Saving Tips: Video
If you want to save money, an upgrade in your data package might be necessary. Check your bills to determine if such a move would result in any savings over any penalties that might be building up.
4. Broadband Money Saving Tips – Invest in your own router
You may have noticed a rental equipment line on your internet bill. This includes the modem and router you rent from your provider and any other equipment used.
Consider investing in your router and modem instead of renting them. Though there is an initial cost to purchase your equipment, the investment could prove worthwhile over time. The flip side of this option though, is that it’s possible that your hardware could be outdated quickly because of the fast pace of internet growth and capability.
Using your provider’s router offers the advantage of getting an upgrade if your old version becomes outdated.
5. Broadband Money Saving Tips – Bundling services can help you save money.
Saving money may be possible by bundling your internet service with one company. Find one which may offer more services, and may be less costly than when taking services from many different providers.
6. Broadband Money Saving Tips – Improvise (Phone to hotspot)
Many mobile phone companies offer unlimited monthly plans to customers. This means you can turn your phone into an internet hotspot at home and ditch your old broadband provider altogether.
However, there are potential drawbacks to this route. Your phone could become a hotspot to stream movies or shows to your television, draining its battery. Furthermore, you may not have as fast internet speed onboard as before which could cause buffering when streaming movies to your television on Friday nights.
Contact us to discover the best solution to this problem :).
7. Broadband Money Saving Tips – Income-driven plan
Based on your income and how much you earn, you may qualify for a lower-cost plan. While the service might not be as good or affordable as with traditional plans available, it could still provide an option if you’re on a tight budget.
Finally, don’t despair if your internet bills are taking up most of your income. There’s a way to stop living paycheck-to-paycheck.
Reach out to us to explore ways to reduce your monthly bills and take a break from fighting inflation.
8. Broadband Money Saving Tips – Don’t Be Afraid to Switch
If you think it’s time for a change, don’t be intimidated about switching your broadband services. Even though you might feel tempted to keep your current service and let it run its course, switching can actually save money by finding a provider who provides the ideal service at a better price.
Survey results also revealed that many people are dissatisfied with their current broadband providers and almost a quarter want to switch for faster speeds or superior service.
With inflation, food, and energy prices at an all-time high, I have some good news. My team and I, partnering with Utility Warehouse, can help cut hundreds off your utility bills so that you pay less for your broadband and other utility bills.
And never pay full price again when you go shopping… Learn how. Get in touch with us now to have a quick chat about how we can help you save on your broadband, home, mobile, energy and insurance.
