Sharing Daily Discoveries About Personal Finance And Business Topics

Controlling Expenses With Usage Restrictions

I had a conversation with a person today in regards to a cell phone bill as last month he racked up a three figure bill. He did mention how he was used to US plans instead which offered more for less, but that’s another story.

What this did remind me of is how a lot of people place restrictions and credit limitations on various service subscriptions to prevent any type of overspending. For example, when it comes to cell phone services, a lot of people use pre-paid cards to prevent any surprises.

I think the only time I did this was back when dial-up Internet was pretty much the only feasible option as the service would just get cut off after X amount of hours instead of going on a plan that continually billed by the hour. It tends to make you a little more money conscience too with your finances I think.

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