Whether you are saving up for something specific or simply want to spend less when it comes to monthly expenses, your smartphone is a great place to start when it comes to cutting down. Today there are more and more options to consider that do not require you to be tied into paying monthly for any length of time, and they are much cheaper in comparison as they don’t come with a handset.

With a SIM-only plan, you are only paying for the SIM card and your monthly allowance of minutes, texts and data which will work out far cheaper, even if you end up buying a new handset to go with it. Since the cost of getting a smartphone is on the rise and newer and more tech-savvy models are released each year, here are some of the reasons to consider making the switch to SIM-only plans.

Save More Money:

Saving money by significantly cutting monthly expenses is just one of the main reasons why more and more people are opting for a SIM-only deal like the excellent range of Lebara SIM only plans. Lebara offer rolling thirty-day plans where you are not committed to paying for any length of time and can easily change the allowance that you get each month whenever you like. Check out their SIM only plans, starting from just £5.

Save On a New Handset:

Many people who have misgivings about a SIM-only plan are usually wondering how they are going to get a new handset. If you want a new handset, this might not seem like the most ideal option, since there is not one included. But the truth is that getting a SIM-only deal gives you more freedom to choose when it comes to the handset that you want. In addition, you can save money and be kinder to the environment by going for a refurbished handset instead, which will typically be much cheaper than getting one brand-new, and will feel exactly the same as getting a new phone since they are factory reset, cleaned up and packaged up nicely for you to open.

Avoid Money Worries:

Compared to being committed to paying a certain amount of money each month for two years of your life, getting a SIM-only plan can help you avoid money worries in the future. The truth is that even if you’re doing well right now, you simply can’t tell where your life might be in a year’s time. Anything can happen in that amount of time and, if you’re tied into paying something, there is little that you can do to get out of it if your income is reduced or you get a large unexpected expense. On the other hand, a SIM-only plan is much more flexible when it comes to how you want to spend your money. You could even choose not to pay for a month and just use Wi-Fi for using your phone, with absolutely no repercussions.

Avoid Credit Issues:

Following on from the above point, a SIM-only plan can also help you avoid getting into trouble with your credit rating. Many SIM-only plans do not require you to pass a credit check before you sign up and the plan will not appear on your credit file. As a result, if you can’t afford to pay it one month, not only will this be absolutely fine when you want to go back to paying for your allowance the next month but you’ll also be able to enjoy a stable credit rating that won’t take a hit because you have missed a month either. This also makes a SIM-only plan an ideal option for anybody who is in the process of applying for a mortgage and is in need of a new phone plan.

Easier Handset Upgrades:

Compared to phone plans where you’re committed to paying for your handset at the same time for a few years, a SIM only plan gives you the freedom and flexibility to upgrade your handset whenever you like. In addition, when you purchase your handset separately from your SIM plan, you don’t need to worry about having to continue paying it off each month plus interest if it is lost, stolen, or damaged. You can simply go and get yourself a new phone, insert your SIM and get on with your life. The same goes for whenever you might feel like getting yourself a new phone. It’s cheaper than ever to upgrade with refurbished options that are affordable and often offer payment plans that you might want to take advantage of. And you can easily sell your old handset to earn some money to put towards the cost.

Ideal for Kids:

If you have a child who is asking about getting their first smartphone, you probably don’t want to have yet another expensive monthly cost to think about. And if you or your partner has an old smartphone handset that you no longer use, giving it to your child for their smartphone might be the most sensible option. A SIM only plan can be a great option for kids compared to pay as you go because for the price you pay each month, they will usually get a lot more allowance. Some SIM only plans are so cheap that your child might easily be able to pay for it with their pocket money, which can be a great way to start teaching them about financial responsibility. In addition, once the allowance has been used up on your child’s SIM only plan, they won’t be able to use any more and go over. This way, you can be sure that they are not going to surprise you with any unexpectedly huge bills every month, giving you extra peace of mind. Most networks offer parental controls on SIM only plans, so you can put limits on what your child can see online.

If you want to cut down on your spending, your smartphone is an easy and effective place to start with a SIM only plan.