Let’s face it, guys. Any opportunity at lowering the cost of your monthly bills is an opportunity worth looking in to.

A monthly bill that nearly everybody has these days is a cell phone bill. Now, there is an opportunity to lower your monthly payments for it, but it does come at a cost – not a monetary cost, but a functionality cost. Let me explain with an example.

Let’s say you’re getting your very first phone: The LG G5 (the latest and greatest LG smartphone) on Bell Mobility (one of the three main cell phone carriers in Canada) and you know you need 1GB of data each month.

 

Scenario #1:

For this scenario, you do what most people do when they know what they want…

You strut on into the Bell store, look the sales associate in the eye and say, “I would like the LG G5, please”.

“OK, you came to the right place. Do you have an account with Bell already?” the sales associate asks.

“No, I don’t,” you respond.

“OK. Well lets pick out a plan for you then,” the sales associate says as he whips out his brochure.

“Alright,” you say.

“So, first, you have to choose what type of calling features you want in your plan. Because the LG G5 falls within our Premium Smartphone category of plans, you have three options: unlimited nationwide calling for $65/month, unlimited local calling for $60/month, or 300 minutes local calling for $55/month. What one do you want?” the sales associate asks.

“Well, sometimes I call my family that lives out of town, so I better go with the unlimited nationwide calling for $65/month,” you explain.

“OK. And do you happen to know how much data you need?” the sales associate asks.

“Yes,” you say with excitement, “1GB”.

“Alright,” the sales associate responds, “for 1GB of data, that’ll add $25 to your monthly bill. Making your bill $90. So, all in all,” the sales associate summarizes, “you’ll be paying $0 up-front for the phone and $90/month for 2 years and then you’re free to cancel if you want”.

 

Scenario #2:

For this scenario, you do something a little unique…

You slide on into the Bell store, buy the LG G5 outright at full price ($750), then tell the sales associate, “I would like to set up a Tablet plan, please”.

“OK, you came to the right place. Do you have an account with Bell already?” the sales associate asks.

“No, I don’t,” you respond.

“OK. Well here is our individual Tablet plans then,” the sales associate says as he whips out his brochure.

“Alright,” you say.

“So, our Tablet plans are pretty straight-forward. It works on a flex system, so the monthly plan starts at $5/month, with that you’ll get 10MB of data. If you go over that and use 10MB-1GB, you’ll be charged $20 for that month. If you use 1GB-5GB, you’ll be charged $40 for that month. Make sense?” the sales associate asks.

“Yes, 1GB is all I need, so that’s perfect,” you respond.

The sales associate sets up the Tablet plan for you and you put the sim card that supposed to go into your “tablet” into your LG G5.

 

Scenario #1 vs Scenario #2:

In Scenario #1, you pay:

  • $0 up-front
  • $90/month ($2,160 for the full 2 years)

And your plan includes:

  • 1GB of data
  • Unlimited nationwide calling
  • Unlimited texting
  • Call display
  • Voicemail

 

In Scenario #2, you pay:

  • $750 up-front
  • $20/month ($480 for 2 years of usage)

And your plan includes:

  • 1GB of data

 

So in other words, in Scenrio #2, you pay $930 less, but don’t get to calling, texting, call display, or voicemail.

But who says you need that stuff anyways?

With a Tablet plan, you can use your data to connect to Facebook from anywhere. And on Facebook:

  • You can call anyone of your friends for free
  • You can message them for free
  • If they call you, you see who it is (free call display)
  • If you miss their call, they can leave a message (free voicemail)

The only thing that you wont be able to do is make phone calls to people that aren’t on Facebook (but who isn’t on Facebook?), or businesses. But, if that’s alright with you, get yourself a Tablet plan and save some yourself some sweet sweet cash.


Derek Melchin & Kyle Vasas are two business partners from Lethbridge, AB. They spend their time:


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