Quick Tip: Get Rid Of That Landline For Extra Savings

These days everyone has a cell phone (and if not, odds are you can get a free cell phone if you wanted one). If you are reading this, then I am almost willing to bet my house (pay attention, I said almost willing :-D ) that you have one since you are technologically inclined. It needn’t be the most cutting edge device, but a cell nonetheless. And, I’m going to guess that you have enough minutes on your plan so that they cover your needs fairly well. Additionally, consider the July–December 2010 National Health Interview Survey results which found that 29.7% of US households used only cell phone service. That means one in every three of you don’t have a landine at home. So, taking all that into consideration, why don’t the rest of you cut the cord on your landline already?

 

Even if you have just a basic local package and don’t use your home phone, you are probably wasting at least $15 a month just for the redundancy of having that service. Plus, you probably don’t have just one phone set up, there are probably two or three phones sitting plugged-in around the house. In July 2010, Consumer Reports ran a report analyzing the power consumption of various consumer electronic products in standby mode. While the energy savings aren’t astronomical, when you are looking for ways to cut spending, every little bit helps, especially if you have multiple units which will increase the savings. If you factor in the savings of cutting the phone service plus the added cost benefit of not having those phones adding to your electric bill (and providing any benefit), then you can be pocketing nice amount each year rather than paying for something you don’t even use.

 

Plus, you will be helping the environment at the same time without any inconvenience!

About Eric J. Nisall

Former NY'er, accountant & business consultant, founder of GreenBridge Advisors. Blogging about personal financial, small business topics, and other fun topics at DollarVersity. Fan of the NHL and everything hockey! Follow me on Twitter, Facebook, and on Google+

  • http://frugalstudents.blogspot.com/ Frugal Student

    I have not had a home line since I moved out of my mother’s house (over 2 years ago) and I have never regretted it.  Maybe when you have small kids a home phone is good but adults I think a home line is useless and a waste of money.

    • http://www.dollarversity.com Eric J. Nisall

      I’ve been in my condo since the end of 2006, and I never established “home phone service” either. The only thing I can think of that would make this impossible would be if you have an alarm system that runs through the telephone (I don’t think they work with VoIp). Other than that, even in storms, cell phones seem to work better since they use satellite relays rather tan cables & poles which get knocked down all the time down here