Financial expert reveals how to save big on your phone bill as Australians warned they could be paying too much

Résumé détaillé

From switching to smaller providers to ditching expensive data allowances, there are several ways households can reduce their monthly bills.

Australians could be throwing away hundreds of dollars a year on their mobile phone bills, with a financial expert revealing simple ways to cut costs without sacrificing data, coverage or their existing phone number.

From switching to smaller providers to ditching expensive data allowances and rethinking payment plans, there are several ways households can reduce their monthly bills.

Financial wellness coach Betsy Westcott told Sunrise on Wednesday one of the biggest opportunities to save was moving away from major telecommunications providers and considering smaller operators.

“The smaller guys, they run on the same network as Vodafone, Telstra, Optus, but they come with a cheaper price tag,” she said.

Westcott said she had switched two phones in her household from a major provider to a smaller operator, saving more than $1000.

Another option is switching from monthly prepaid payments to an annual plan, with customers paying for their service upfront in exchange for a cheaper rate.

Westcott said major providers were offering annual plans ranging from $250 to $395, while some smaller operators had deals starting at just $150.

However, she warned consumers needed to consider their data usage before committing to a full year.

“You’ve paid your data for the entire year. 140 gig sounds like a lot. But if you chew through, say, $50 on a holiday, you’re going to be rationing until Christmas,” she said.

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