Save Over $1,000 in Two Hours

The following Everyday Savings Tip comes from, Sean:

I saved over $1,000 in less than two hours simply by pulling out all of our monthly billls and making some phone calls.

I called our cell phone provider, home phone company, cable company, insurance, electric company and simply asked them to lower my monthly bills. For the “optional” companies (phone, cable, etc.) I would call and ask to speak with somone who would help me to shut off my service. Sometimes I would just ask for their retention departments as well. The first thing I would then ask was, “What do I need to do to cancel my service?” They would always ask me why I was asking and I would simply tell them that I was trying to reduce my monthly expences.

Every single phone call resulted in them simply reducing my monthly costs from $10 to $25 per month. In one year I had reduced our bills by $1,000. It was like getting a thousand dollar bonus for two hours work. On top of that, our cable company threw in a few premium channels for no additional cost.

I was surprised by the fact that both my insurance company and power company could reduce my fees as well.  It never hurts to ask…


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by Savings Lifestyle: Andrea on May 17, 2012

2 Comments

  • Cindy - May 18, 2012 @ 2:20 pm
    1

    This can work and it can’t. I’ve tried these same tactics with mixed results. The phone company has only worked once. The cable company? Never. But it’s worth a try. All they can say is no.

  • Katie - June 04, 2012 @ 11:10 am
    2

    Wow, thats great. I’ve had such a horrible time with ATT here that I made a lot of calls and after having no choice but to say I was done with their service they actually made everything free for the first month and I got a 100 dollar rebate card. That was a different experience from what you are saying but it opened my eyes. I can see how this would be a waste of time if you are timid and just accept whatever the first person says, but being firm and sticking with wanting to cancel can really pay off. I didn’t get any help until I was finally sent to the retention department. This is not dishonest or wrong. If more people would do this I think service and costs would be better all around. Thank you for sharing Andrea!!

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