Combining cell plans into one "Family Share" plan rocks!
The Mrs. and I have been looking for some more money hacks lately, and we stumbled across a great one!By combining both of our lines into one "Family Share" plan with Verizon Wireless, we'll have maximum bang for our buck :)
I don't know why I didn't think of it earlier, but it's all good now! All carriers work a bit differently, but the concept is pretty much the same and SUPER easy to set up - most times you can even do it over the phone (esp. if you have the same carrier)! It may not be convenient for everyone, but if your spouse/significant other has a separate account than yours, you could be missing out.
I was paying around $115/mo, or my company was actually as it's also used for work (holler), and the Mrs. was paying around $65/mo. Now combined, however, we'll be paying around $110 TOTAL! That's a savings of $60 a month (or $720 a year) for only about 45 mins of work.
Here's what we did to get hooked up:
- We reviewed the last 3 of each of our statements online to get a good picture of exactly how many minutes, texts, pictures, web visits, etc we use. Like most people, we originally picked a plan for ourselves that we *thought* would be good, and then left it alone until the next renewal time. So we had to see how well we guestimated our uses, and figure out if we still actually NEEDED a bazillian minute plan.
- We chose a new plan that fit into our usage. It turns out we barely call anyone outside of our network! Guess all that convincing of my friends and family to switch over paid off. Plus, we text wayyyyy more than we actually call people! haha.... how awesomely strange our generation is becoming?
- We made a phone call and combined our plans! Well, actually we made two calls. Mrs. Budgetsaresexy had to call and give permission to have her account converted over to mine, and then I had to call and actually combine them. We ended up with a 700 min shared plan for $69.99, a $5 insurance plan, and two $10/mo text packages to cover our thumb's addiction.
Oh, and the best part? None of our contract dates were extended! Sexyyyyyyyyyyyyyy time. The only difference is that now I'm held responsible for her phone line. So if i wanna skip on over to AT&T and pick up the newest iPhone (or better yet the Sidekick w/ T-Mobile!),i'll not only be breaking my contract, but her's as well.
But whatever, we both have under a year left on them, and since most of my friends now have Verizon, I doubt i'd switch anytime soon anways... Now if they start handing out those Sidekicks for free, then i'll be in trouble ;)
Labels: money hacks
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5 Comments:
I'm on a family plan with my family. Since it's free to call each other, we save a lot...plus, it's just $10 for each line...and there are 5 of us.
The cheapest option? Stay on the family plan with your parents, even though you are 25 years old. :)
As SavingDiva said, it is costing my parents $10/mo, and they are ok with that for now. It saves a lot of money. (Although they did kick me off the car insurance!)
Awesome, family plans can definintely help save you money!
You should see if you can bundle your internet, home line & TV service, too. My parents just did and are saving loads.
The only problem is that if the cable goes out, so does their phone & internet!
I personally bundle 2 cellphone #'s and highspeed internet to save about 5% on my bill. Not much, but it adds up.
You guys are too funny - but damn are you smart ;) My dad would seriously hang up on me if i asked to go back on his plan. either that, or laugh first and THEN hang up on me.
Ginger - i like that idea! only problem i have is that i change my mind a lot on services i like, and to be honest i don't even know of a company here in the US (or at least where i live) that offers such a thing?
I'm on that too and I love it! Stacking pennies, try being 36 and still on your parents plan! HA! It's great! My share usually ends up being about $30, but the company re-imburses me $50/month for my phone, so I make money out of the deal! And it's still cheaper for the company to pay me $50 rather than add them on the company plan. The way I see it, everyone wins here! :)
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