Not really a “hack” but I don’t know why most people get into phone contracts.
Since college, I have always just bought unlocked phones with cash and then used the carrier’s prepaid plans and set it to auto pay.
I pay so much less than most people I know, I get all the same service, and my phone isn’t tied to a contract or carrier, so I can cancel my plan whenever I want and switch to another carrier by just buying their SIM card for ~$20.
My current phone is an unlocked Pixel 6a that I got on sale new for $300. I have unlimited talk, text, and data for $45 a month. And if I get sick of my current carrier or they bump my cost, I can just switch to anybody else for just the cost of a $20 SIM card.
I have so many friends and family members that complain about their phone bills being super high and their service sucking, but they can’t cancel their contracts without paying off their huge balances plus the interest and usually cancelation fees. Plus, because their phone is tied to the contract/carrier, they can’t even keep transfer the phone to the new carrier and have to get sucked into a “phone trade-in” deal and the cycle continues.
And for the folks saying that most people can’t afford to save up and buy a phone outright, there are a lot of places that offer payment plans for the phone, or you can buy it on credit and pay it off that way, which would likely be less interest over time. Or you could buy unlocked used/refurbished phones for 25-50% off their normal price.
Maybe it makes sense if you get a stipend from your company, or you bundle it with a bunch of other packages like cable TV or internet, but for just a cell phone, I just don’t get locking yourself into a crazy contract.
Because people want the latest iPhone or Samsung and paying $ per month works better for them than $$$ upfront. The alternate finance method you speak of isn’t very well known, so it’s most simple to contract with a carrier.
Google Fi is a god-tier service for traveling abroad. When I went to South America I paid nothing extra vs my friends who had to deal with Verizon’s ridiculous travel plan fees.
If you go prepaid for a year you can get service for even cheaper. I don’t need unlimited data so I buy a year of Mint Mobile’s cheapest plan for about 200 dollars which gives unlimited talk and text and 5gb data for only around 15 dollars a month.
But who actually does this otherwise? I have seen those kind of contracts advertised, but I never see people actually having them, apart from some 16yo who want the new iPhone by all means and this is the only way they can finance it.
Maybe I’m misunderstanding something but here in Australia there’s no benefit to not having a contract.
With our largest telco the contract is really just repayments on the phone. 24x monthly repayments is always the same price the phone is retailing for outright. You could cancel the sim and just keep up the phone repayments if you wanted.
Not really a “hack” but I don’t know why most people get into phone contracts.
Since college, I have always just bought unlocked phones with cash and then used the carrier’s prepaid plans and set it to auto pay.
I pay so much less than most people I know, I get all the same service, and my phone isn’t tied to a contract or carrier, so I can cancel my plan whenever I want and switch to another carrier by just buying their SIM card for ~$20.
My current phone is an unlocked Pixel 6a that I got on sale new for $300. I have unlimited talk, text, and data for $45 a month. And if I get sick of my current carrier or they bump my cost, I can just switch to anybody else for just the cost of a $20 SIM card.
I have so many friends and family members that complain about their phone bills being super high and their service sucking, but they can’t cancel their contracts without paying off their huge balances plus the interest and usually cancelation fees. Plus, because their phone is tied to the contract/carrier, they can’t even keep transfer the phone to the new carrier and have to get sucked into a “phone trade-in” deal and the cycle continues.
And for the folks saying that most people can’t afford to save up and buy a phone outright, there are a lot of places that offer payment plans for the phone, or you can buy it on credit and pay it off that way, which would likely be less interest over time. Or you could buy unlocked used/refurbished phones for 25-50% off their normal price.
Maybe it makes sense if you get a stipend from your company, or you bundle it with a bunch of other packages like cable TV or internet, but for just a cell phone, I just don’t get locking yourself into a crazy contract.
Bonus points in that android phones won’t have their bootloader encrypted by a cellular service provider.
Absolutely right!
I agree except who is charging you $20 for a sim?
Verizon, might have been a little less, but reasonable to me, I keep my phones for a long time, and I got a really good deal on it.
Hell go to swappa.com and buy an unlocked used phone.160 and you can have a S20 which works perfectly.
Because people want the latest iPhone or Samsung and paying $ per month works better for them than $$$ upfront. The alternate finance method you speak of isn’t very well known, so it’s most simple to contract with a carrier.
I don’t know if I’m grandfathered in or what but I have Google Fi (I know I know I suck) and have 3 lines unlimited everything for $80/month
Solid.
Google Fi is a god-tier service for traveling abroad. When I went to South America I paid nothing extra vs my friends who had to deal with Verizon’s ridiculous travel plan fees.
If you go prepaid for a year you can get service for even cheaper. I don’t need unlimited data so I buy a year of Mint Mobile’s cheapest plan for about 200 dollars which gives unlimited talk and text and 5gb data for only around 15 dollars a month.
But who actually does this otherwise? I have seen those kind of contracts advertised, but I never see people actually having them, apart from some 16yo who want the new iPhone by all means and this is the only way they can finance it.
Almost everybody I know has something like this, growing up as a teenager it was the same too.
Wtf where your from? Is this some murica dumbness I’m to European to understand? Is it common in Europe and I just know smart people?
But yes, hyped teenager is the only group I’ve actually seen falling for that when I was at school
Maybe I’m misunderstanding something but here in Australia there’s no benefit to not having a contract.
With our largest telco the contract is really just repayments on the phone. 24x monthly repayments is always the same price the phone is retailing for outright. You could cancel the sim and just keep up the phone repayments if you wanted.