This post is part of a series based on Laine’s Home Economics: 50 Ways We Paid Off Our House on One Income. Previous posts in the series are listed at the end of this post.
Laine and her husband have chosen not to pay for cable or internet access as she outlines in her letter, Home Economics. They use prepaid cards to make long distance phone calls, and keep their basic phone service to a minimum.
For my family, I have more questions than answers in this area. Here are the facts: combined phone, internet and cable service costs us $140/month which is $1,680 per year. Clearly having Verizon FIOS which handles all 3 is a want, not a need since we could find cheaper, slower services.
- Given my reliance on the internet for my banking and bills, not to mention our retirement accounts, we do need some sort of internet service. It would cost me time and money to use the free access at the library or find free wifi.
- I’ve looked into cheaper phone service, and I haven’t found anything yet that is cheaper than $25. Verizon used to offer a very basic service, though I haven’t been able to find anything about this basic service on their website recently. I can’t get rid of my landline completely since I have a teenage son without a cell phone who babysits for us.
- FIOS provides the educational channels we like to watch, along with the History and Military channels. We also have the option of renting movies, including the Friday special of $2.99. We could take advantage of internet-based services like Hulu (which would require a decent internet connection), though my husband isn’t interested in that option. However, FIOS does offer movies on demand as part of the monthly fee. My husband and I can have a “free” date night at home, or treat the kids to a “free” movie with homemade popcorn, a huge savings for a family of 7.
For now, we’re staying with Verizon FIOS and its cable, internet, and phone services.
Previous Posts in the Series:
Because I love meeting new people and sharing, this post is linked to:
Thrifty Thursday at Coupon Teacher (guest post this week on saving money on eating meat) and Frugal Friday at Life as Mom