Kallum Hansen, Director of Marketing · PlanSavvy
I think we've all heard the saying "what I don't know can't hurt me."
We've all believed in this saying as well at some point in our lives. Personally, I subscribed to this way of thinking quite recently after a weekend at the Calgary Stampede. I figured that if I didn't check my bank account, the money I spent on concerts and drinks would magically disappear from my next statement (spoilers, those charges didn't magically disappear and were quite painful).
The Main Takeaway
If you're going to take one thing away from this article, please don't subscribe to this way of thinking. Go check the bill from last night's dinner that got out of hand, go check the grade you got on that final exam you've been dreading, and go check that text from your boss that you've been hiding from. You're trading short term pain for a clearer conscience in the long term, and I think we could all benefit from knowing what can and has hurt us.
This train of thought holds true for your internet, phone, and cable TV plan as well. If you have the time, you should go and check how much each month you're getting charged by your provider for your phone, internet, and TV plan. Your provider is hoping that you don't check, in fact that's a big part of how you end up paying more than you think you're paying. If you read our previous article on promotional rate rollovers, you'll know that initially you'll sign up for a promotional rate that expires a few months into your plan, and you end up paying more than you signed up for.
The True Cost
The amount might not seem like much initially, however it can compound quickly. In the scenario we provided in that article, we calculated a roughly $25 difference between your promotional rate and the rate you're now paying. That's $25 every month, twelve times a year, totaling $300.
Now that might not seem like a huge amount at first, but think of what you could use that $300 on instead. For those currently enjoying the end of the Calgary Stampede, that's almost equivalent to 15 drinks at Cowboys Park, or two skip the line passes at Nashville North (it's rough out here). In all seriousness, my point is that it's better to spend that $300 on something rather than burning it on a plan you didn't sign up for, and that's where we can help.
Service providers rely on your apathy, and I understand how annoying it can be to actually take action on finding a better plan. With PlanSavvy.ai, we've removed the absolute time suck that can be getting a better plan. Instead of sitting at your kitchen table, spending your Sunday afternoon comparing rates, negotiating with your provider, and giving yourself a headache, check out our website, which will give you the best rates in your local area, a script to negotiate with your provider, and a way to monitor your bill in under ten minutes. Best part? It's currently completely free.
What you don't know can cost you. Let us help take the pain out of finding a better plan, so you can stop overpaying and start saving.
Stay Savvy.