We’re all feeling the pinch at the moment, as we tackle the cost of living and rising inflation.
So, it’s no surprise Brits are looking for hacks to cut the costs and boost our banks, even looking to their mobile phone providers for the best deals.
According to the Discretionary Spend Index from Online Betting Guide, the cost for our mobile phone services in the UK has risen in the past year, rising from £211 in 2019/20 to £240 in 2021/22!
So how can we beat the boom in mobile phone prices?
With these three simple tips, you could see yourself saving some serious money instead of splashing the cash.
Read on to find out more.
It may seem obvious, but doing your research before you jump into the first phone deal you find can make a massive difference to the price you pay.
And this goes for both looking for a new mobile phone or renewing your current contract.
As the research by OLBG suggests, phone bills are on the rise, and so you want to make sure you’re getting the best deal possible, and most importantly more bang for your buck.
And it’s not always best to go for the biggest names out there when it comes to your chosen network.
They can often be the most expensive, and you may find the right phone package for you is provided by one of the smaller networks.
Still happy with your network provider? Then time to try a bit of haggling.
These companies want to keep your custom, so there’s no harm in chatting to your provider to see if you can get a better deal before your contract ends.
And don’t be afraid to mention prices you’ve seen elsewhere or the idea of switching provider, if they don’t come up with an offer you’re satisfised with.
If this doesn’t work, it may just be the case that it’s time to switch mobile provider to get the best deal possible, and pay the least amount for your phone.
Data deals can be tempting.
After all, we all want to stream, scroll and speak whenever and wherever we want. But this is where you can fall into the common trap of overpaying for data.
You can easily cut the cost by simply checking if the tariff you’re on, or wish to be on, is the right one for your phone habits.
Most devices allow you to check your data usage and used minutes. So, use this info to determine the limit of the tariff you should be on.
You may find you’re paying for 10GB or even 60GB, when in fact you’re only using 5BG of that each month.
This mostly applies when looking for a new phone, and it can seem like we’re getting the latest model with streams of data for a good deal, when we jump head-first into a long-term contract.
But have you ever consider buying the phone outright?
It may seem expensive to fork out hundreds for a new phone in one go, but if you do the maths, paying for the phone via a contract can take its total value into the thousands.
With a bit of thought and consideration, you can find it works out cheaper to buy the phone all in one go and then opt for a sim-only deal — which you’ll find plenty of budget-friendly deals for by the way, with just the right amount of data you need.
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As we spend more and more of our disposable income on rising costs, you may find reassessing how much you pay for your mobile phone service a good place to start saving some pennies.
