I couldn’t believe people spent $160 a month on their cell phone bill until I saw this on Reddit.
Why? Because after I switched to Ting I pay less than that for an entire year. That means over the past three years I’ve saved thousands of dollars ($5,364 to be exact).
Wouldn’t you rather use this money to take a vacation to Paris, have an unforgettable experience at some three star Michelin restaurant, or maybe just stuff your bank account? Of course you would. Here, let me show you my actual monthly bills.
Now before I tell you about this company, let’s first review how service providers make their money. The old model was they gave you a free phone, and you ended up in a long-term contract. But the phone wasn’t really free because the cost of it was buried in your cell phone bill.
When your contract was up, your provider dangled a shiny new phone in front of you, and that made it really hard to tell them that they’re the worst company in the world and you’re switching. So, you signed another contract, got a new phone, and they loved you for this because you stayed perpetually in debt to them.
(Btw, this model isn’t new. There used to be 40 million people who rented landline phones, and every so often someone discovers their grandma is paying the phone company hundreds of dollars to rent a $10 phone.)
Things are starting to shift in the consumers’ favor though. During Apple’s most recent quarterly report they sold 16% fewer iPhones, and this might indicate that smartphones have finally reached a saturation point.
You see, there are basically three ways a provider can grow. They can increase their prices, they can lower their costs, or they can get more customers. When AT&T had the iPhone it was really lucrative for them because it accomplished two of those things: it was expensive (increase your prices), and they were the only one that sold it (get more customers).
But now that everybody who wants a smartphone has one, the only remaining option for providers to grow is to get more customers, and that means stealing them from the competition. And that’s why I’m excited to tell you about Ting. I want them to steal you.
Here’s why I like them.
1. YOU CAN SAVE MASSIVE AMOUNTS OF MONEY
Over the last three years, my monthly bill has been about $11. (Back in 2013 it started out at $10.62, and now it’s a whopping $10.78.)
How can it be so inexpensive? First, I transferred my number to Google Voice which lets me use the Hangouts app on my phone to text and make calls, which are both done using data. And because I’m on Wi-Fi most of the day, this data is free.
Even if you don’t get all fancy like I did, Ting says their customer’s average bill is under $30. You can estimate how much money you might save with their calculator (because you should always run the math before making decisions).
2. YOU PAY FOR WHAT YOU USE
Ting offers monthly rates based on your usage. You start out each month with a $6 fee per device, and as you use minutes, texts, and MBs, you move up through the small, medium, large, and extra large service levels. Here’s what they charge (and they’re one of the few companies that actually lower their rates).
By paying for only what you use, chances are pretty high you’ll save money with Ting (like 98% high). And if you’re like me, taking a simple step like using Wi-Fi when you’re at home or in the office, you can save even more.
3. YOU CAN GET A $25 CREDIT
Even though I’ve been with Ting for 1,000-plus days, I’m not married to them. If the cost goes up, or another provider becomes a better option, I’ll look to switch (and with no contract that makes it easy).
But so far I’ve been happy with my savings of $5,364, and I think you can save money too. So, run the numbers and find out, and when you’re ready to switch use this link to get a $25 credit (affiliate link). And please know that I only recommend products and services I use and trust.