Hello everyone! Lanny here and I wanted to talk about my internet price for the speeds that I receive and the provider I use here in the suburb of Cleveland, Ohio. I would love to gauge what the readers are paying, see their take at what I pay, see what speeds you are receiving and then this will allow me to either move forward with trying to negotiate again on the price or to succumb potentially to the big provider I have. Here is the analysis of my internet.
Internet Price Background
Over the last 12 months or so, my internet pricing has been spot on, with no rounding, at $37.00 per month with, you guessed it – AT&T (T). I pay $37.00 per month or $444.00 per year on internet. It’s a necessity in my house – especially with Netflix, blogging on our website, stock research, work, etc.. It is very necessary and willing to pay for fast & reliable service.
Now, the last 12 months I haven’t had too many “hiccups” aka – spotty internet service, parts of the year where my internet wouldn’t flat out work, etc.. – as I have prevoiusly experienced that in the past, to which I know there are more than quite a few of you that go through “spots” of bad services throughout your tenure with your internet provider. To not beat around the bush though, however, I believe before this most recent 12 month period, my internet bill was $25.00 per month, or $12 less than it is now, or $144 in annual savings – which, as I stated in my goals blog, would be very beneficial to have to cover trading costs or to have in savings for other emergencies. Also, on a % basis $12 on $37 is 32% OR you could think of it as them increasing my bill last year by 48% from the $25 per month. All in all – I used to pay less for my internet service, but fell into the trap of negotiating and “accepting” a $37.00 per month rate with them. I don’t like to settle, which brings us to here.
the internet pricing debate!
Okay, here it is now. I want to save money, bottomline. I’m frugal and if I’ve paid a cheaper internet before, am I crazy thinking for wanting the same? Did inflation occur at a 48% rate? I don’t really think so. However, I wanted to ask everyone – am I wild thinking this? I receive a “very moderate” 6 mb on my download speed, which to me – does what I need to do here at my house, but I have heard of others potentially receiving faster speeds for less than what I am paying. Why the heck do I love battling the cable & internet companies?
Therefore, I am here wanting to chat with everyone to see if I am out of line, first off, and secondly – what your speeds to pricing is at your house (if I may ask)? I do not use cable, therefore, my “package” is a single service of internet through AT&T (T), ugh, why am I so loyal to this foundation stock for a dividend portfolio? We all know about Bert’s debates with this as well in the past. I am pumped up to hear your responses to this article – I am hoping that it will help clear answers, if I should go in and for what price points individuals have been paying for their internet, pending speed. I am all for spending $40 if it’s for faster speed, but to me $37 for a 6 mb download speed, just isn’t cutting it, that’s my gut talking and my frugal mind working.
Goal and Request I am asking
Okay readers – please, please share your insight below, comment away, and let’s let the internet and pricing debate begin. I would love to bounce ideas off of each other, drum up experiences and see what you are doing to keep your bill low or hey – this may help more readers in understanding that we can fight for lower cost for the same service. Can we come together on this?! LET’S GO!!! I would love to save a few dollars here and there, wouldn’t you? Thank you again for helping and coming to this article, I am hoping it helps clear some air on this topic! Appreciate all of the information, tips and assistance across the board – looking forward to hearing what everyone has to say.
-Lanny