Home phone service doesn’t seem all that expensive to most people with prices usually falling in the twenty to forty dollar per month range, depending on what features are added on and how much long distance is being used. However, it still adds up to at least $250 a year and with a little work you can significantly reduce your monthly bill or even eliminate it entirely! This guide will show you can slash your home phone costs quickly and easily. You might not even have to change service providers to get better rates!
1) Call The Retentions Department And Negotiate A Better Deal
The old adage “the squeaky wheel gets the grease” definitely applies when it comes to saving money on almost any type of service. Most companies are happy to quietly raise the rates of their existing customers and never offer them any sort of service improvement or upgrade as long as they don’t rock the boat and continue paying their monthly bill without question. All the while they are offering copious amounts of freebies and promotions to attract new customers without extending those same offers to their existing customers.
You can easily counteract this problem by picking up the phone and calling your home phone service provider, asking to speak to the retentions department, and then negotiating a better deal with them in exchange for your loyalty. Not everyone is comfortable with negotiations or asking for a discount. If that’s you, continue reading the SaveLog post I wrote with tips for negotiating with retentions. If you have any specific questions or need additional help, post a comment there and I will promptly respond:
2) Switch Providers And Take Advantage Of New Customer Sign Up Bonuses
If you are unsuccessful negotiating with retentions or doing so is not for you, then it can pay to regularly look at the competition and wait for a really good promotion that is cheaper or more beneficial than your current service. Many companies are more focused on customer acquisition than customer retention and, as such, it is much easier to get a good deal when signing up for new service than it is continuing on with your old service. Be sure to pay close attention to the terms and conditions of the new service you are signing up for because they may try to lock you into a lengthy contract, raise your rates substantially after a few months of service, or pull some other trick to get more money out of you.
Unfortunately, when it comes to home phone service providers the choices are extremely limited here in Canada. If you want to know what home phone service providers operate in your province, refer to this table of home phone providers found in the long distance section. Try to shoot for a good long term deal with your new provider, but if that isn’t possible, don’t be afraid to flip flop back and forth between providers continually taking advantage of new customer promotions to save money. You can even try to negotiate a little something extra with the new company for going through the hassle of switching to them.
3) Cancel Your Home Phone And Use Other Phones To Communicate
With the majority of people owning a cell phone these days, the need for a home phone is becoming increasingly questionable. If everyone in your family has a cell phone with packages that provide enough monthly daytime minutes for your everyday use, then what is the point of paying another monthly bill for your home phone? If you are an office worker that has access to a business phone everyday, then this option is even more viable for you because you can place most of your daytime calls using that phone without wasting daytime minutes on your cell phone.
If you do decide to go this route, you may want to port out your home phone number to one of your cell phones or get it forwarded to your cell phone for a while until you are able to inform everyone to contact your family using their individual cell phone number.
4) Replace Your Home Phone Completely With VoIP
Not only can you save money on long distance using VoIP, but you can actually entirely replace your home phone with VoIP! The finished product will have you dialing phone numbers and receiving phone calls using a standard telephone just like you do today at a fraction of the cost of your existing home phone service – long distance included!
There are a few reasons you may not want to use a VoIP based service as your one and only phone line, particularly when it comes to calling 911 or counting on it for extremely important phone calls like interviews or business calls. However, if you have a cell phone you can use for those infrequent calls or if you just need a secondary phone for your kids, for long distance calls, or for some other reason, then I would have no reservations recommending VoIP.
There are many ways to get started with VoIP and several different devices and services you can use that range from complicated to downright easy. Some of them require an always on computer while others connect directly into your router or modem. Jump over to our VoIP guide to get all the details on how you can eliminate your home phone bill:
5) Reduce Or Eliminate Your Long Distance Costs
Even if you aren’t ready to switch to VoIP or cancel your existing home phone service, you can still save money by reducing the long distances charges that show up on your home phone or cell phone bill. Find out how in the long distance guide:
Check out the rest of Services section for ways to save money on all of your other services!