Best Prepaid Mobile Plans, Why should you stay on a contract plan with limited data and pay twice the price when you can get unlimited data for half that and no contract? Many are reconsidering the idea.Now may be a good time to start considering pre-paid phones. While in the past no contract often meant getting terrible signal and being stuck with an out-of-date, featureless phone, that may no longer be the truth. Pre-paid phones have come a long way and two of those services are now offering the newest iPhone to boot.
This may hurt a little. If you want a pre-paid iPhone you’ll have to pay for the phone’s full price up front. The damage is a total of $650. While that may sound like an automatic deal breaker, it isn’t really and you will likely still save money.
Getting a cheaper phone on a contract plan is much like making car payments instead of buying a car with cash. It may seem that you are only paying $200 for a fancy phone, but in the long run you are actually making larger monthly payments to compensate for what the phone company has lost by offering you such a cheap price for the phone. To make matters worse, in the end it also means that you are paying the company interest as well. Do you really want to pay interest on a $650 purchase? (Christian Post)