Don’t Get Rid of Your Landline Phone
Dropping your service might not save you any money.
If you rarely use your landline phone, dropping your service could be tempting. But it may not save as much as you think -- especially if you bundle your phone service with TV and Internet.
Going landline-less means directing business calls -- from your credit card company to your doctor’s office -- to your cell phone, which could increase your monthly wireless bill. Some services, such as security systems, digital video recorders and satellite TV, tap into the phone line; switching to a wireless box or mobile phone could cost you extra. Landlines are still more reliable than their wireless counterparts -- including VoIP service -- particularly during bad weather and home emergencies. Paired with a corded phone (the kind that doesn’t need to be plugged into an electrical outlet), landline service generally continues in a power outage. During an emergency, a landline phone gives 911 dispatchers an exact address, while cell phones give a caller’s geographical coordinates, accurate only to within 50 to 300 meters. That could delay the arrival of emergency services.
To keep the landline but cut costs, price no-frills, local-only service with your regional phone company as well as smaller competitors. Verizon’s local-only service generally costs less than $15 a month in most areas. Expect taxes and fees to add $5 to $10 to your bill.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
-
Gen X Retirement Is in Trouble: Here's What You Can Do
Even as they approach retirement age, half of Gen Xers have not done any retirement planning.
By Adam Shell Published
-
10 Ways Your 1031 Exchange Can Go Horribly Wrong
Don't let your tax-saving strategy become a financial nightmare — discover the hidden pitfalls that could turn your 1031 exchange into a costly disaster.
By Daniel Goodwin Published
-
What Does Medicare Not Cover? Seven Things You Should Know
Healthy Living on a Budget Medicare Part A and Part B leave gaps in your healthcare coverage. But Medicare Advantage has problems, too.
By Donna LeValley Last updated
-
Five Ways to Save on Vacation Rental Properties
Travel Use these strategies to pay less for an apartment, condo or house when you travel.
By Cameron Huddleston Last updated
-
How to Avoid Annoying Hotel Fees: Per Person, Parking and More
Travel Here's how to avoid extra charges and make sure you don't get stuck paying for amenities that you don't use.
By Cameron Huddleston Last updated
-
The Best Banks of 2024
Making Your Money Last Kiplinger's list of the best banks, based on interest rates, fees and other features.
By Lisa Gerstner Last updated
-
Protect Your Retirement Income from Inflation
Making Your Money Last Costs are rising, and the market is bearish, but that doesn’t have to jeopardize your long-term security.
By Sandra Block Published
-
What to Know About CD Ladders, A Flexible Way to Save
Savings One way to keep your earnings on track is to spread out your cash.
By Rivan V. Stinson Last updated
-
Retirees, Take the Off Ramp to a New Career
Making Your Money Last For many seniors, changing careers can be a long and daunting process. But the rewards can be rich.
By Alina Tugend Published
-
10 Alternatives to Amazon Prime for Free Shipping and More
Amazon Prime You don’t need to pay Amazon Prime’s juiced $139 annual fee to get free shipping where there is a wide swath of products online at different retailers.
By Bob Niedt Last updated