CA NeWs Beta*: Money Saving tip of the day - 16/02/2020

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Sunday, February 16, 2020

Money Saving tip of the day - 16/02/2020

Internet has become a part of daily life and its penetration after it price reduction by telcos in 2016 has increased in an unprecedented level. What one is forgetting though is the cost involved in running and maintaining internet. Following Table is self explanatory on how one can save money by just switching from mobile to broadband internet at homes:


 No. of users            Broadband cost    Mobile Internet    Savings per   Annual Savings
per household         per month*           cost per month      month

         3                             354                      459                        105                  1260

         4                            354                       612                        258                  3096

         5                            354                       765                        411                  4932

         6                            354                       918                        564                  6768


Assumptions for Above calculation:
1) Broadband cost per month is based on current unlimited plans offered by BSNL and MTNL including GST with no free calls.

2) Mobile internet cost is based on Rs.153 per month and multiplied by no. of users.

For better savings only one unlimited internet mobile number should be used per household and other members should access the internet via a hotspot.

Believe it or not telcos are just killing the competition through tariff war and are waiting for an opportunity to charge you higher tariffs per mobile number.

No doubt above will also involve substantial curtailing of internet consumption by each user per household but that is what everyone wants now a days isnt it. So above works as a solution as well as money saving tip of the day. Hope it works for you and share your views in comments.

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