Prepaid Plans versus Contracts
Have you seen the commercials lately from T-Mobile. They talk about not having to wait two years to upgrade you phone.
I think we can all relate to that.
More and more people are looking at the option of going prepaid versus contracts.
Its about the flexibility this gives you.
If you want to upgrade your phone you don’t have to wait.
These prepaid plans have the potential to save you a lot of money. People are willing to overlook the disadvantages that going this route may cause.
What is a prepaid plan?
Prepaid plans do not involve a monthly contract. Instead, the service provider requires the users to prepay a number of minutes they will use per month on their phone. These minutes will be available for use until they are exhausted or expired, at which point the phone user can purchase more time. Typically these minutes can expire between one and three months after purchasing them.
You need to keep track of the minutes you are using if there is a limit. Many of the prepaid accounts allow you to have unlimited talk and text for a set fee.
That’s the best type of plan to look for.
We were in WalMart not long ago looking at some phone cases and there were at least 4 different people that came into the aisle and picked up their T-Mobile cards.
I started asking these people what they thought of the service. They all loved it! They said they were saving quite a bit of money and still had the ability to talk,text and go online.
Most phone companies offer a prepaid service. AT&T and Verizon are popular ones I think of.
This type of plan involves long-term contracts, deposits and credit checks that are executed at the initial stage. This makes a contractual plan more of a commitment compared to prepaid plan. This plan has a termination fee which can be pretty hefty (upwards of $375) The cell phones are less expensive because the companies use them as an incentive to sign that two year contract
They do offer many family plans which could mean a significant savings.
Before you make your decision check to make sure you will be getting reception wherever you go.
A phone is worthless if you can’t get a signal.
I decided to get a hot spot from T-Mobile. I didn’t want to be tied down to a plan for my tablet.
It’s been one of the best decisions I could have made.
Even traveling to various cities I have had no problem with getting a internet connection.
The great thing about the hotspot is that you can have up to 5 devices working on it!
It’s small, portable and very effective!
Have you ever thought of getting a prepaid plan?
Are you on a prepaid plan?
Leave your thoughts and comments below!
Be Savvy And Successful!
Toni Nelson – Specializing in getting you seen and heard!