Money Tips

6 Strategies to Cut down Your Internet Bill – Save your Money

With the passage of time internet has become one of the most important necessities of life as most of our communications, socializing and even study and research are reliant on this world wide available solution.

How to cut down your internet bill

As per statistics there are 3.7 billion global internet users as of January 2018. These statistics show the usage and importance of internet worldwide. However won’t it be a buzzkill if the internet speed is not up to the mark while you binge watching your favorite show on Netflix or even search for your research assignment on last night before submission?

These things can be quite stressful if the internet speed doesn’t match your requirement level. But on the other hand if you go for a high speed internet connection or an internet bundle for your home it might cost you a lot more than you can afford.

As high speed internet connections can cost as much as $100 a month or an internet bundle including all phone internet and telephone can cost up to $200 per month. Above all this many people also pay for data plans for their cellular devices which duplicates the services they are already getting from their home internet service provider.

All these services including upcoming 5G (future option for cutting the cord) overall increase the internet budget, however there are quite a few strategies that we can follow in order to cut down your internet bill without compromising on the speed six of which are listed below:

All these services overall increase the internet budget, however there are quite a few strategies that we can follow in order to cut down the internet bill without compromising on the speed six of which are listed below:

Know And Reduce Your Internet Speed To Required Bandwidth

Most of the time we are actually paying for more bandwidth than we actually require. Because of this we tend to pay a lot more than our actual usage.

The best way to match your bandwidth with your requirements is to access your activities over the internet and consider the number of users using internet at your home simultaneously.

This can help you calculate the bandwidth requirement for your home. Below is a chart for some basic activities and its bandwidth requirements

Web browsing or checking email 1-5 Mbps Min
Online Gaming 1-3 Mbps Min
Music Streaming 2 Mbps Min
Video calls 0.5-1.5 Mbps Min
HD video streaming 15-25 Mbps Min
Standard Video streaming 3-4 Mbps Min
Frequent large file downloading 50 Mbps and above

Purchase Your Internet Modem Instead Of Renting

Most of the internet service providers require you to rent the internet modem in order to enjoy these monthly internet services. This rent amount appears in your monthly internet bill increasing the amount drastically.

The better solution for this is to get your own internet router by sourcing the same modem as you are currently renting by checking its model and purchase it from the market.

These modems are not that expensive and can probably cost you the same amount as three months’ rent that you are paying for the rented equipment. This in the longer run will considerably lower your internet bills.

Search for Best Available Option

In today’s world where internet has become a basic requirement for every household, this has created a lot of options to be available worldwide for us to choose from for internet services.

In order to save some money by cutting down on your internet bill you need to search around a bit and choose the internet service provider with the most competitive prices and best services offer as per your requirement.

Bundle Up Or Cut Down On Your Services

Carefully access the services you are using at home and make sure you get the best deal you might be paying separately for cable services and separately for internet services.

Analyze and compare both the options if paying for both services separately is economical or if purchasing a complete bundle including cable, internet and telephone line from your internet service provider is more economical?  Decide whatever is more economical.

both the options if paying for both services separately is economical or if purchasing a complete bundle including cable, internet and telephone line from your internet service provider is more economical? Decide whatever is more economical.

Also, you can cut down your services for much better or economical options like opt for using Netflix for entertainment if you have an internet connection rather than owning a separate cable connection and paying for that as well.

Go Prepaid

Another great option to watch and cut down your internet bill is by going for prepaid internet subscription packages that limits your internet usage per month to fulfill basic and important internet service requirements. For example, Verizon is giving a 1 gigabyte data per month prepaid internet package for $20.

Read Before Paying For Services

We recommend that you carefully read your internet bill before paying for the monthly subscriptions as you might unknowingly be paying for added line item services that you might not actually use or require.

This strategy is used by many internet service providers to increase their revenue, you can cut down on this extra expense by talking to your internet service provider and cancelling these subscriptions to lower your internet bill.

Using these strategies can help you lower your internet bill significantly and help you get the best value out of your internet subscription package.