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Save Money On Your Phone Bill

Save money on your phone contract

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Part of our debt-free journey involves regular checks on where we can save money, and for the past three months, I’ve been focusing on paying off our mobile phone device plans.


The truth about our phone bills.

My phone bill for my iPhone was £33.00 per month, including my o2 device plan (£15 per month) and airtime (£18 per month). Hubby’s latest phone bill was £59.20, with £31.20 going towards airtime, and £28.00 on his Samsung S8 o2 device plan!

£92.20 per month on two mobile phones is a huge amount of money. It’s several utility bills, or two week’s worth of food shopping. It’s a great deal of savings to be put away for our future. To be spending that on two mobile phones is frankly, appalling. You know how it goes. You’re lured in to an agreement, convinced you can afford the repayments, all in the name of having the latest technology. But, do you ever stop to consider how much money you’re actually paying over the course of the contract? This didn’t occur to me at first. What did occur to me, though, was that by paying these plans off, we could save £15 and £28 a month to add to the minimum payment on debt no. 4.


What we did next.

So, these past three months, we’ve put all our energy into saving and making money to build the funds to pay these debts. They show on my credit file. They’re both in my name. At the time of paying off, the remaining amounts due were £315 and £364.

Last month, I paid off my iPhone. Yesterday, I paid off hubby’s Samsung Galaxy.

So the shackles of being tied to another two credit agreements have been broken – happy dance! Both phones are now out of contract, and we’re £43 a month better off. But that’s not enough.




Save money – taking it one step further.

So, we’re switching to giffgaff to save even more money.

Giffgaff works off the back of the o2 network, which means we won’t experience any change in network coverage. We also don’t need to unlock our phones, and we’re able to keep our own numbers by obtaining a PAC code from o2.

My o2 plan was £15 for 3GB of data, unlimited calls, and texts. With giffgaff, I can get the same plan for £10 per month on a sim only plan.

Hubby’s o2 plan was £31.20 for 20GB of data, unlimited calls and texts, but his usage was only 8GB of data. With giffgaff, he’s now on a new plan: £15 per month for 8GB data, unlimited texts, and unlimited minutes. And the best part? We can change our plans whenever we like, or cancel them whenever we like.

It’s a no-brainer.


In summary.

We’re out of contract, we OWN and are spending less on our (perfectly working) phones, and we now have £66 per month (just short of £800 a year!) to put towards debt no. 04 (sofa finance currently at £2,178 as of October). This makes our next debt snowball minimum payment £121.86.

What about you? Could you save yourself more money by taking a similar approach?

(1) Comment

  1. […] We saved £66 a month on ours. That’s £792 a year. When you look at it like that, and realise how much you’re spending on your mobile phone, does it change your mind about owning the latest snazzy gadget? […]

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