Cutting Costs with Prepaid Phones
It is no surprise that people are trying to cut their budgets. ”Trying” is one way to put it, “being forced to” is another way to put it. Times are tough and individuals, as well as companies, are scaling back by trimming a few dollars here and a few bucks there.
For many people, decreasing the size of their cell phone bill is one immediate way to create savings. No longer are prepaid phones only for the credit-challenged, they are now becoming popular with “mainstream” phone users who need to be more conscious of what they spend. A big part of the reason prepaid options are only now becoming popular to a more widespread part of the population is because it is a part of the industry that hasn’t been heavily advertised.
If you think about the last cell phone commercial you’ve seen, you probably picture the “can you hear me now?” guy for Verizon contract based plans. You have not seen a commercial for Tracfone or Cricket, which makes sense because they probably would have to charge more if they were doing large media buys during football games. I read somewhere that wireless companies spend around $400 per subscription that they sign up, which means they are going to want to lock customers into a contract so that they can recoup the investment and earn profit.
I hope this does not come off as being really negative toward contract cell phone offers, because you can find good deals on month to month contracts, especially if you use your phone a lot, like to text, and have other data usage charges.
The wireless industry is slowing down in the early part of this year, but the bright spots are the prepaid cell phones, which have gained new users and seem to be catching on as viable phone alternatives. The thing that consumers need to do is match the cell phone plan to their actual needs.
Read this article about prepaid that sums up what is going on in the industry. T-Mobile prepaid and Tracfone have competitive plans.
Find the best deals on Straight Talk phones and plans at Wal-Mart.com
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