14 Surefire Ways to Save Money on the Internet in 2023

By: on 2022-12-29
Ask Loretta Kilday
14 Surefire Ways to Save Money on the Internet in 2023
14 Surefire Ways to Save Money on the Internet in 2023

Recent Parks Associates research shows that US households spend an average of $116 per month, or a considerable sum of money, on home internet. Living without the Internet is challenging, whether you use it for remote work, streaming your favorite shows, web browsing, online gaming, or video chatting with relatives. We comprehend. However, there might be a few ways to reduce your broadband costs so that your spending stays in check.

How to save money on Internet bill

If you want to lower your internet bill, there are several things you can do. Here are a few of them.

1. Unbundle your services

Internet service providers enjoy bundling their products so that you will pay more overall. You can reduce your internet bill by separating those services and eliminating everything you don't need.

For instance, we often watch online videos and streaming TV rather than cable television. However, many individuals still add TV services to their internet plans out of habit. This can be a huge financial mistake. To save money, get rid of everything that is not necessary.

You may lose out on $10 to $30 per month if you have cable and internet bundles from several companies.

You can save hundreds of dollars a year by combining cable and Internet. All three providers—Spectrum, Xfinity by Comcast, and Cox—offer TV and internet bundles for less than $90.

One problem is that cable companies frequently entice customers with low-cost promotions that bundle Internet and TV packages. When the sale expires, they raise their prices, and before you know it, you're shelling out far more money than you bargained for. To avoid becoming responsible for a contract you cannot afford, be cautious and carefully read the fine print.

2. Speak with your internet service provider

If you find it challenging to give up cable entirely, think about reducing the number of channels you can choose from. Call your internet service provider, especially if you're paying for channels you don't use, and let them know you're willing to cancel your subscription if they can't come up with a cheap TV and Internet package for you if you have a history of on-time payments. Most of the time, they'll cooperate with you to keep your business.

3. Cut your internet speed

Internet bills can take a huge chunk of your income, and one idea to minimize the costs is reducing the speed. Most Internet providers charge the highest amounts for faster speeds, something you may only need in some cases. 10 Mbps download speed, and one Mbps upload speed can be enough for work or home use without interruptions.

Unless you're working on high data-consuming projects, you don't need the fastest Internet you can get. Even if you are unsure, you can downgrade for some time to test the speed of a lower subscription package across your devices. You'll likely get the same Internet experience while paying a lower price for it this time!

4. Enroll in autopay

Andrew Adamo, VP of Bullion Shark, said, "Most internet bills offer a discount for users who enroll in autopay. Sometimes these savings are significant, often up to 30% or more.

Companies ensure they are receiving the payment and won't have to spend time or money sending reminders or doing outreach calls. This allows them to pass the savings on to their customers. It also prevents the customers from having to worry about remembering to pay their bills. It's a win-win for both the company and the customer."

5. Switch to a new subscription plan or internet provider

If you've been on the same internet plan for years, you might miss out on huge savings. Check out your internet provider's latest promos and plan offerings and see if you can change your current subscription. You might pay less for the same speed you have now or increase your speed for the same amount you currently pay.

Aidan Kang, CEO of House of Debt, said, "Alternatively, you can switch to a new internet provider that offers huge discounts to new customers, especially those that come from their direct competitors. Shop around and compare what you'll get and pay.

Just avoid signing up for long-term contracts that will lock you in. Internet services are changing quite fast as technology develops, so you might get the best value for your money when you update your subscription from time to time."

6. Learn about your monthly internet bill

To start saving money, you must understand what you are already paying. Go through your broadband bill to better understand what your current provider is billing.

  • What download speed should you expect to get?
  • What is your data cap?
  • Do you usually pay overage charges or stick to that data cap?

Knowing how much you pay for data usage and internet speed is crucial. Some costs are unavoidable, but you'd be astonished at how many can be waived if you ask. So when it comes time to bargain with your provider, this information will be essential.

7. Obtain Assistance From a Remote Employer

Organizations are standardizing internet stipends as the percentage of remote labor increases. Many companies with distributed workforces will pay all or part of their employees' internet expenses.

Finding a job that allows you to work from home can help you save money on your home internet bill because this benefit is relatively common in remote work. You can advise that your virtual employer add this benefit if they don't already.

Even if you work in a hybrid workforce, you can persuade your company to pay a portion of your internet bill or use a current promotion or discount plan.

8. Utilize incentives for loyalty and cash back

Most large businesses provide incentives to these third-party publications to draw in and retain customers.

So compare cash-back offers online and look into coupon discounts. To discover affordable 0% interest loans, join reward programs and look at buy-now-pay-later options like Affirm.

9. Look for free internet service

If you satisfy the following criteria, you may be eligible for the Affordable Connectivity Program (ACP):

Any family member who receives benefits from the following:

  • National School Lunch Program.
  • Lifeline Program.
  • Supplemental Nutrition Assistance Program.
  • Medicaid.
  • Supplemental Security Income.
  • Veterans and Survivors Pension Benefit.
  • Federal Public Housing Assistance, a particular Tribal program (like Tribal Head Start)
  • Received a Pell Grant in the past year.

Eligible households had a total household income in 2020 of $99,000 or less for single filers and $198,000 or less for joint filers due to a significant loss of income since February 29, 2020.

Visit EmergencyBroadband.org to apply for free Internet.

Check out the federal poverty guidelines to qualify for other government programs.

10. Watch for Promotions

Promotions come along fairly often, but when you're already a customer, they aren't usually aimed at you. Or so it seems most of the time.

Internet providers don't want to lose you, even if they aren't flashing big deals. If you see a promotion, call your service provider and let them know you want in.

They won't always be receptive to your demands, but odds are, if your provider is running a promotion, their local competition is doing so too. If they don't want you jumping ship to a different provider, they'll likely be willing to throw a promo discount.

If they don't, you really won't have much to lose by switching to the competitor. Keep an eye out for promotions and deals. You may snag a discount or know when it's time to jump ship to the cheaper service in town.

11. Switch to mobile phones only

One way to save money on your internet bill is to cut the cord completely!

Just like you don't have to pay for cable anymore, you don't have to pay for internet services every month. Most people use their phones to connect to the Internet, and most of the time, you can get by with a mobile hotspot.

12. Purchase your own modem

You can borrow a modem and router, but why not just buy it instead of paying rental fees every day you ride your bike to work? Having your own equipment initially costs more, but it allows you more freedom and possibilities.

Additionally, it saves you money because the rental fees will eventually exceed the cost of the modem and router you purchased outright.

Nowadays, there are modems and routers made for just about any use. Look into a gigabit DOCSIS 3.1 modem if you want gigabit speeds on a cable internet network. A long-range router will work perfectly for you if you live in a large home with numerous rooms and stories.

13. Do a speed test

Internet prices can be negotiated. Use www.speedtest.net to test your internet speed, then compare the results to what was stated.

Assemble the following data, then use it to support your argument and lower your internet bill:

  • Current monthly payment amount
  • The sum you paid when you registered
  • Any problems you encountered using the service
  • Internet alternatives in your area
  • Your supplier may be offering a monthly discount or sign-up bonuses.
  • You are the consumer, so you ultimately have the power to negotiate.

14. If you can, reduce the number of devices you use

This is a challenging question, given the growing number of connected devices in our homes, such as voice assistants, smart thermostats, security cameras, smartwatches, smart TVs, smartphones, gaming consoles, and so on. The more smart home appliances you have, the more bandwidth they will use.

If you live alone, you can manage these better to prevent them from using up your data allowance (if you have one) or slowing down your home's speed in general. You might avoid incurring data overage fees and have a better internet connection if you have fewer devices.

On the other hand, if you have other people in your home, such as family or roommates, and they all have multiple devices, this generally won't work. Asking your family or housemates to turn off (or minimize the use of) their devices so you can opt for online gaming and HD video streaming is one thing; asking them to give them up completely is quite another.

How to choose the best Internet Service Providers (ISP)

Here's how to pick the best provider to reduce your wi-fi bill.

1. Find out which service providers are in your area

Many internet service providers offer service all over the country, but that doesn't mean they're available in all zip codes. Find out which internet service providers serve your zip code before making the final decision. Remember that prices can change from one place to another, so even if the internet connection you used before is accessible at your new residence, it may cost more. That means switching providers, even if it seems like a hassle now, could be the best option in the long run.

2. Figure out what you need

How you choose an internet provider and plan should depend on what you want to do with the Internet. If you wish to surf the web and check your email, you don't need the fastest internet connection. You'll need to choose a high-speed internet plan to stream videos and/or play games online.

Keep in mind that the more people using the Internet simultaneously, the faster your connection will need to be. So, if you live in a busy, high-tech home, you should choose one of the faster internet options. Remember that these plans are often easy to change, so if you need more internet speed than you signed up for, you can probably call your provider and change that.

You should also find out if your provider has a data cap and, if so, if that cap is big enough for the amount of data you use each month. If you're unsure, talk to a provider representative about how you usually use the Internet. You can also read reviews on sites like Yelp and Consumer Reports to find out what other people have to say about internet speed, customer service rep, the monthly bill, streaming services, emergency broadband benefits, internet access, etc.

3. Look at the costs

Now that you know what you need from the internet plan use the information you've gathered to compare the prices of the plans that meet your needs. You should consider the monthly cost and fees that might not be as clear at first, like the cost of equipment (modem and router), set-up, installation, and going over your data limit, if there is one. You could also consider combining your internet plan with your phone and/or TV plans. In the long run, this could cost you a lot less.

Also, check for any early termination fees or cancelation fees if you decide that your data usage plan isn't right for you. Watch out for these, especially if you don't know much about the broadband service provider or its services.

4. Check out the extra features

Some ISPs will give you a modem and router for free instead of making you buy new equipment. This could help you save a lot of money. Other service providers may include freebies with their home internet plans, such as online backup services, sign-up bonuses, hosting for personal websites, subscriptions to antivirus programs, and access to wi-fi hotspots. If you were going to pay for these services anyway, it might be worth choosing an internet plan because it has special features.

5. Find out about customer service

Especially if you need the Internet for work, it's important to make sure the connection is reliable and that if something goes wrong, a good customer service team can get you back online quickly. Try going to sites like DSLReports to read reviews of different providers. You can also find out about the customer service rep by calling the number of the provider and talking to a representative about your assessment.

Remember that many providers' customer service and reliability can differ in different parts of the country. So when you do your research, focus on a certain zip code.

Conclusion

Internet is a must in this digital world. But it comes at a price. Use the aforementioned tips to combat price hikes and save money on your broadband bill.

Last Updated on: Thu, 29 Dec 2022

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