One of the next recurring expenses I’ll be tackling is our crazy $150/month mobile phone bill. We use CREDO Mobile, so I get that warm-fuzzy liberal feeling of supporting a good cause, but it’s not that warm of a feeling. My blog idol, Mr Money Mustache, recently posted a how-to article on getting mobile service for $10 / month, using a prepaid plan.
So I’ve been shopping around for different types of plans, pre-paid and flat-rate. I haven’t made any decisions yet, but I did whip up this little spreadsheet that shows you how many months until you’d “break even” after switching to a cheaper plan. It takes into account the cost of a new phone and any early termination fees. Then it tells you the number of months before you’ll break even on a new plan:
Hope this is useful to other people as well!