Most Canadians rely on multiple services in their daily lives to communicate, to entertain themselves, and for business purposes. In today’s world, many of these services have become practically essential but they can also be extremely expensive because they are usually billed on a monthly recurring basis. If you were to add up all the ongoing costs you have to pay for these services over your entire lifetime, that number would probably scare you to death!
For example, if you happen to have a decked out iPhone complete with a contract, lots of minutes, and large data package, you could easily be paying $100 a month or more for it including taxes and fees. Now if you look at the total cost for that service over 10 years it adds up to $12,000. You can buy a lot of things for $12,000; maybe even a decent car that would last you for those same 10 years! Now if you consider that most Canadian families have three or four services that they pay for every month you can see how these services are bleeding your finances dry.
Fortunately, there are many ways to save money on these services or even eliminate them completely and use the free or nearly free alternatives that are starting to crop up everywhere. Read through this section for a complete guide on how to minimize your costs while still getting access to the services you need in your everyday life.