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It is a long time since Tim Berners-Lee created the World Wide Web, access to the internet is commonplace now, even in some of the most remote locations around the world. The supply of WIFI into your home has been commoditised in the same way that the supply of gas and electricity has been. I wrote about that here in this post, Why you Should Change Energy Supplier Every Year. Given the choice and deals available, it is highly likely that you are paying more than is necessary for your broadband. In this post, I want to encourage you to switch broadband supplier to make a saving of up to £300 per year. The amount you can save will depend on your WIFI needs and usage.
Switching Broadband Supplier
If you are like most people, you will have made a choice of broadband supplier when you moved into your current home or when presented with a deal by an alternative supplier. Typically your deal would have been value for money for the first 12 months but you have probably remained with that supplier ever since. This is normal, there is a technical aspect to the supply of broadband and there is also the potential inconvenience of having your broadband service interrupted if you switch. However, staying put is often a mistake because after your initial deal is over there is the chance to switch supplier and save money without being penalised.
What Should you do?
Assess your broadband requirements, are you a light, medium or heavy user? Does your current supplier supply fibre optic broadband into your home? If so, you should look for similar deals; trading down to ADSL internet to save money would be a mistake. Compare like with like before switching; you will be able to find a better deal when you use one of the comparison websites, these include uSwitch, and moneysupermarket.com. It will only take a few minutes to discover the best broadband deals for your postcode.
Most people do not bother to visit comparison websites every year and miss out on potential savings. Do not be like most people; it is definitely worth your time. Have you recently changed broadband supplier after using one of the price comparison websites? Let me know in the comments section below.
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My aim with each blog post is to help you move to a better financial future. I believe that there is not enough financial education in the national curriculum and I intend to share anything helpful that I have learned along the way. I am by no means a financial expert. None of the information on this website constitutes financial advice and is provided as general information only. This is my personal finance blog; my marketing blog is over here and I have been blogging there since 2010. I hope you have found this information useful. Thank you for reading.