Prepaid Phones Are For Everyone
One of the quickest growing prepaid companies is called Straight Talk.
This company founded in 2009 has been smashing the competition with an Unlimited Plan that is $45 for a 30-day period.
Though this company has been criticized for lack of customer service, it still is a big saving compared to other prepaid providers.
Straight Talk is what is called a MVNO which stands for Mobile Virtual Network Operator.
These MVNO companies are licensed to sell network usage on networks such as AT&T or Verizon.
Pay as you go is not just for people that are on lower incomes, because everyone should be trying to save money and the literally is no difference in coverage on Prepaid as opposed to Postpaid, in fact, they all share the same networks.
There is only one difference that has been seen that is radically different on Prepaid and that is sometimes providers will give lower 3G speeds to Prepaid MVNO providers.
Aside from some Internet data speeds, there isn't any problem with coverage for phone calls.
Many times cell phone users simply accept that they are going to get a phone bill for hundreds of dollars each month and never do anything about it.
So knowing about how to save with prepaid is the hardest thing to get across to people who could save these large amounts of money each month.
If you're the sort of person who simply has to go to a phone shop to get a phone, just ask them if you can have the details on the prepaid deals that they currently have on offer.
Many times the sales representative will talk you out of buying a prepaid phone as it is in their best interest to get you on a contract phone due to large commissions associated with contract signups for long durations.
For business owners, a contract might be a better setup as when it comes to tax time it might be easier to consolidate all the bills and track usage of employees, but apart from that prepaid makes complete sense for small and micro business.
If you compare the amount, you're spending on a yearly basis it will blow your mind how much can be saved often in the 1000's Family deals under contracts are not that good, and kids are always losing phones so the best option is to give them the most basic prepaid phone.