6 Ways to Pay Less for Internet

For almost all of us, the internet is an essential part of daily life. It connects us to others, allowing us to message friends, family, and coworkers worldwide. It enables us to work from home and provides endless hours of entertainment, among numerous other critical functions. However, internet access is expensive, with an average cost of $78 per month in the U.S. That’s $936 per year, if not more. But we’re here to help. Here are six ways to lower your internet cost. 

Reduce the Speed

Switching your existing plan to a lower speed is a great way to save money. While higher speeds may be necessary for crowded households, a slower speed might better suit your financial needs if you only have a few devices connected to the internet. Research the various levels of internet speed to see whether a lower-strength plan is right for you.

Purchase Your Equipment

Some internet providers charge a monthly fee for renting equipment like modems or routers. However, that fee can be waived if you buy your own. Reliable modems cost as little as $50 and are simple to install, and routers — which may be on the pricier side — can be purchased directly from your provider or an electronics retailer. The only downside to having your own equipment is if something goes wrong, you have to troubleshoot or repair it yourself. 

Explore Government Subsidies

Lifeline is a program by the Federal Communications Commission that offers discounted internet service to low-income families. To qualify for Lifeline, you must earn an income equal to or less than 135% of the federal poverty guidelines. If you meet this threshold, you may be eligible to save $9.25 monthly on your internet bill. To check your status and apply, visit lifelinesupport.org.

Bundle Your Services

If you’re not already bundling your internet with your cable and phone, it’s time to start. Many providers offer discounted packages for purchasing multiple services together rather than paying for each one individually. Call your service provider to ask about potential savings. (Pro Tip: Even if you don’t plan on using the landline, purchasing it with cable and internet may still be cheaper. Just don’t hook up a phone.)

Use a Mobile Hotspot

If you have an unlimited data plan for your cell phone, you may be able to cancel your internet service altogether. Mobile hotspots allow you to easily connect your computer and other devices to the internet. While these hotspots may have less strength than a standard internet connection, they work well for basic browsing.

Negotiate With Your Provider

If you live in an area with multiple internet providers competing for business, you can try negotiating a better monthly rate. Call your current provider, tell them you’re considering switching to a more affordable provider, and ask if they can offer you a comparable rate. Many representatives are authorized to provide discounts to retain customers. Make sure you research to have all the numbers ready — providers are in tune with their competitors.

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