Is Unlimited Cell Phone Data Worth It?

Cell phones have become a staple in our lives – we don’t leave home without them. We watch videos, scroll through social media and read articles all on our devices. With so much activity, do you ever think about how much data you’re using? Has the thought of an unlimited data plan ever crossed your mind? If so, here’s some information to help you decide if switching to an unlimited plan is right for you.

Q: I’m shopping for a phone plan for my family. Is an unlimited data plan a good option?

A: Unlimited data sounds like a great deal, because who wants overage charges? There’s also something about the word “unlimited” that makes the plan seem more attractive.

Cell phone companies are taking advantage of that word’s power. T-Mobile was first with an unlimited data plan. AT&T and Verizon soon followed. Whichever carrier you use, you’ll likely have the option of signing up for unlimited data. Unfortunately, unlimited data plans aren’t all they’re cracked up to be. Before locking yourself into an expensive year-long contract, ask yourself these questions:

1) How much data do I actually use?

The average smartphone user needs between two and three gigabytes of data each month. There’s no need to estimate; simply look through your old bills and calculate an average data use per month. That will take into account your habits and the habits of your family.

If you’re an average user, a 3-4 gigabyte plan is sufficient. These plans are usually 30% cheaper than unlimited plans. You only see savings with unlimited plans if you use more than 10 gigabytes per month.

For a family plan, take everyone’s data usage into account. The average family of four consumes 12 gigabytes each month. That might make the unlimited plan worthwhile.

2) Can I change my data usage?

If you regularly exceed your monthly data allotment, consider changing your habits before changing your plan.

If you’re a regular Spotify user, download your playlist to your phone using wifi and listen data-free. Lower your video streaming quality, especially if you use an app for music. Set your phone to only download system and app updates when connected to wifi.

3) Can I rely on smartphone data exclusively?

Some people can’t kick the data habit. You might use your smartphone extensively for business, or live in an area that doesn’t get high speed internet. In that case, there are other cord-cutting strategies to help reduce your total monthly expenses.

If you don’t use the internet much at home but need data on the go, consider cutting your household internet and relying exclusively on mobile data. Wireless hotspot devices that broadcast a wifi signal and use your mobile data subscription are approximately $50. Check with your internet provider for specific pricing.

Remember: No company is really unlimited. Expect to see slow-downs in service after you’ve used 20 gigabytes in a month. If there’s lots of internet use in your household, you’ll go through that cap quickly.

Whether an unlimited data plan is right for you depends on how much data you use, and whether that data use can be curtailed. If you need an unlimited data plan, make sure you get the most out of your service. Monthly fees add up quickly, so think before you upgrade!

 

Tax Free Back to School Shopping

TaxFree blog

With the start of the new school year days away, shopping for clothes and supplies is probably at the top of your to do list. This weekend’s tax holiday is the perfect time to get that task done. You can enjoy tax free shopping on clothing, school supplies, personal computers and much more! The tax exempt sales run from August 4 through August 6.

Sales tax will not be collected on purchases of:

  • Clothing, footwear, and certain accessories priced $60 or less per item
  • School supplies selling for $15 or less per item
  • Personal computers and certain computer-related accessories priced $750 or less per item.

This is a great time to take inventory of your home or office space as well as your closets. Do you need new work shirts or a new laptop? Now is the time to buy

You can certainly use this weekend to grab savings for the entire family or you can purchase items and donate to someone that is less fortunate. There are a number of organizations that will be taking donated school supplies during the upcoming weeks. Check out your local news outlets for school supply drives in your area.

We know shopping for school related items can get expensive; however, you can save quite a bit of money by purchasing them during the tax free weekend. Click here for more information and for frequently asked questions about Florida’s sales tax holiday.

Happy Shopping!

Staycations Are Key to Summer Fun on a Budget

Summer is here, and for most, that means vacation time! Many people travel out of town, or even out of the country, but if you’re on a budget, indulging in a “staycation” may be just the thing for you. In case you’re wondering, a staycation is when you stay in your own city or state and take day trips to local attractions. Here in Florida, there are so many activities to choose from the possibilities are endless. And you can do it all without breaking the bank. We’ve put together a few ideas for you to get your staycation started.

Stop by the beach. Florida is known for its beaches. What would summer be without a trip to one of our sandy shorelines?  If you don’t know where to start, make a game out of it. Make a list of all the beaches in the state you want to visit and assign them a number. Put all of the numbers in a hat, shake it up and pull one out. Whichever beach was assigned that number is your next staycation spot. “Sea” you later!

Visit one of Florida’s many state or national parks. They are filled with tremendous beauty, adventures and new discoveries. Best of all— they’re affordable! Entrance fees to most Florida state and national parks are less than $10. There are about 11 national parks, 160 state parks, and a number of preservation and recreation areas for you to choose from. So you might want to do a little advance planning. Besides the awesome sights, national and state parks are an awesome place to picnic or even camp overnight. So pack up your tents, gather ingredients for s’mores and head out to enjoy nature. Click here to find a park near you!

Get discounted tickets to amusement parks. Most Orlando area theme parks have Florida resident discounts as well as promotions where you pay for one day and get in free the rest of the year! Take advantage of the Florida resident discount to enhance your staycation, and continue the fun for the rest of the year. Click here for a list of Florida resident discounts from Visit Orlando. An added bonus – as an Insight Credit Union member you get discounted tickets to Legoland. Cool, right?!

Catch up on some reading. Find a cute little park, coffee shop or bookstore and let yourself get lost in a good book. This can help with relaxation and transport your mind to another place. You can even take a book to that beach you decided to go to.

Attend a local sporting event. Whether it’s baseball, soccer, golf, bull riding or wrestling, Central Florida has plenty of sporting event options to take advantage of. Get the family out for a fun-filled evening to one of the many Florida Collegiate Summer League baseball games. If you are more of a soccer fan, be sure to check out an Orlando City soccer game! For other exciting sporting events this summer, check out the list that Visit Orlando has compiled for more details.

Visit local museums. History and art museums can be found all over Florida. They may even be a museum celebrating the history of your own city. This is a great activity for both adults and children. You can have fun and learn something all at the same time. Botanical gardens, zoos, and farms that let you pick your own fruit are also great ideas for some summertime fun, not to mention they’re a hit with the little ones.

We hope these ideas can help you maximize your staycation without maxing out your budget! Do you have a favorite staycation spot? We would love to hear more about it! Share with us in the comments below.

 

*This is an updated version of a post originally published on July 28, 2014.