My wife and I have been using cell phones as our primary method of communication for a while now. I’ve been wanting to switch over to Vonage and ditch the cell phones, but I’ve unfortunately been unable to due to being involved in many group projects throughout school. I needed to have a phone on me at all times.
Well now that school is out, the need to always have a phone is gone. So I started wondering how much money we could save in the next 12 months if we got rid of our cell phones and just used Vonage. I mean, people say all the time how much money Vonage can save you, so I figured it was worth looking at an example. You can follow these steps if you want to see how much money you could save by using Vonage instead of another phone service.
Our current cell phone service costs $121 a month. Ouch! To cancel the contract early, there’s a $100 fee, so right out front we’d be out $100. So now we’re at -$100.
Next we’ll find out how much money we’d save every month by using Vonage. So the cost of the cell phones $121 minus the cost of Vonage $25 is a savings of $96/month.
We take $96 and multiply it by 12 months and we get $1152.
The last step is to subtract the $100 cancellation fee from the $1152 of savings for a grand total savings of $1052 over the next 12 months.
Now don’t get me wrong, I love having a cell phone, it’s very nice. It was a need for us, but now it’s just a luxury. I like it, but I don’t like it $1052 a year! In this economy, that’s just too much to pay for a luxury. We could take that money and go on a cruise or buy a new 50″ HDTV! Maybe you can’t make it without a cell phone, but you can definitely get rid of your local phone company and switch to Vonage. Just do the simple math and see how much you could save!
