Examine and research all your bills to find savings

by pgifford1987

I’ve recently been going through my wife and I’s spending and figuring where we could make improvements. Turns out there were a ton of them.

Starting this process led me to changing and grouping our car insurance and home insurance provider for a 40% cost reduction and simply refinancing our house to 2.75% with no points, saving tens of thousands. I also called FIOS and got a great retention offer when I threatened to cancel their service.

This all lead me to look at our phone bill as well. My wife and I had Verizon wireless for years and have been paying about $110 a month for 10gbs and 2 lines of access. Turns out there is a company called Totalwireless that uses Verizon’s network, but is literally less than half the cost. Now we’re paying $60 for 30gbs and 2 lines, but you can get single lines starting at $25.

The coverage is the exact same as a native Verizon connection, and we were able to bring our own phones and numbers over. I’ve been pretty happy so far, though I am annoyed I didn’t switch years ago and keep those thousands of dollars I threw away on my phone bill.

We also opened several cash back credit cards with multipliers in categories we already were spending in. This has us making close to $1000 a year in cash back. It should go without saying we pay them off every month.

I would encourage everyone to examine your all your bills, look onto cheaper plans, find deals and investigate the competition. There are a lot of little ways you can save and it can pay off in a big way.