Thursday, June 9, 2011

Stop renting your modem!

Earlier this week I was online setting up internet for our new place.  I noticed that renting a cable modem is $3 per month.  We use a local/regional cable company, but I believe Comcast charges $5-6 per month.

For $52, I purchased the exact same modem our cable company would have rented to us.  That means, after 17 months, the purchase will have paid for itself.  If renting your modem is more than $3 per month, obviously the break-even point will come much sooner.

If purchasing the modem isn't an option for you right now, try freecycle and see if anyone in your area has a spare!

Happy thrifting!

This has been posted to Frugal Tip Tuesdays.

3 comments:

  1. Yeah we don't have an option. We have several modems but our internet provider requires that we use theirs, it is time to call and tell them I want a rate reduction or I am leaving though. Love to do that in the summer because we miss it less then :)

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  2. This is a great idea and I am off to check out my bill and see how much I am charged to rent mine. I think I will also be calling for a rate reduction today :)

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  3. Just checked our Comcast bill today...our modem rent is $7/mo.!!!
    Guess we need to buy one too!

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Comments make me more excited than Jessie Spano on caffeine pills!

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