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Saving money is not the point (so what is?)

Saving money is not the point (so what is?)

by Mike Pumphrey · Feb 21, 2019

I currently pay $25 a month for phone service.

This gets me unlimited talk and text. I don’t have a data plan, which is fine by me. No data means that I can’t be tempted to get on the internet, something that would be difficult with my phone’s browser anyway.

My phone’s browser.

I wish I could offer you the $25/month plan, but T-Mobile doesn’t offer it anymore. These days, the cheapest unlimited plan they offer is $40 prepaid, which actually isn’t bad when compared to their standard price of $70 for a single line.

The cheapest monthly phone plans

For reference, here are the cheapest plans I was able to find on the major carriers:

T-Mobile: $40/month (prepaid)
Verizon: $30/month (prepaid)
Sprint: $40/month (prepaid not available)
AT&T: $30/month (prepaid)

What we can learn here are as follows:

  • Plans are on the whole cheaper when they are “prepaid”, meaning, no-contract, month to month billing.
  • The more data you want, the more expensive the plan is

For that last point, see this chart:

Source: Verizon Wireless

But while I’m all about saving money and lowering my monthly bills, I have to be honest, I really don’t care too much on whether my phone bill is $25 or $40, or even $80. I pay more than that in car insurance each month. Maybe this would have significantly affected my situation a decade or so ago, but not now.

Saving money is great, but it’s not really about the money. So what is it about then?

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Filed Under: Observations Tagged With: data, data plan, price

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