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Save on it all with prepay or pay-as-you-go

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In a time of economic restraint, some have suggested dropping your cell phone to save some cash.
Certainly, cell phones can be one of the highest monthly bills, especially for a busy businessperson or text-happy teenager.

At first, this may seem like a good idea, shaving off $50 to $500 a month, but what this money saving model seems to forget are safety and availability.

Your 16-year-old daughter is driving home from college and gets stranded on the highway at night. Without a cell phone, OnStar or a GPS system, well, that’s a problem. What about being reachable by potential employers or clients?

Cutting out cell phones might not be the best idea for pinching pennies, but cutting cell phone plans might be. As Fox News reported, thousands of people are now signing up for pay-as-you-go or prepaid plans to reduce their bills.

Not only are more people signing up for these no-contract deals on cell phones, but more companies are now offering this service. AT&T, Sprint and Verizon Wireless are among these companies.

The money-crunching ability of these plans is only one advantage to pay-as-you-go or prepaid plans. Users can also change services like dropping text-messaging or adding Web access without worrying about a pricey penalty.

So with these no-contract cell phone plans you can cut costs and still remain on top of the tech-tower? I think I need to make a phone call….

Brittany @ May 6, 2009

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