Feeling stuck with those pesky contracts? You’re not alone! A recent survey shows Brits are paying a whopping £576 extra a year because of overpriced deals. Many of us are entangled in agreements that just don’t feel worth it. From rising TV package costs to expensive energy and mobile contracts, it’s time to ask: are we really getting our money’s worth?
Nearly 23% of people believe better options are out there, and a good chunk of us are trying to hunt for cheaper deals. With an average of seven contracts or subscriptions each, it’s no wonder 9% find it hard to keep track. It’s time to take charge!
Personal finance expert Peter Komolafe is on a mission to help us break free. Teaming up with a mobile and broadband provider, he’s promoting a new eSIM offering unlimited data, calls, and texts without the long-term commitment.
Peter’s advice? Regularly review and track what you’re paying for. Half of us prefer shorter, more flexible contracts, and who can blame us? Flexibility is key, and many are combining services to cut costs. Plus, around 41% are actively exploring these options to save some cash.
When it comes to mobile contracts, getting the best price is a top priority for many, with 27% keen to switch to a better deal. Some of us would even happily keep our trusty handsets if it means a better contract. Flexible options and predictable billing are top of the wishlist, too!
The survey also found a few surprising insights: 26% of us have completely forgotten about a paid subscription, continuing to pay even when we don’t use it. It seems video services and music subscriptions are the most forgotten, costing an average of £54 before cancellation.
Peter quizzed folks to uncover the confusion surrounding mobile contracts. His tip? Consider switching to an eSIM for unlimited data, calls, and texts at a fixed monthly rate—no strings attached!
It’s time to regain control over your contracts. Are you ready to make a change? 📱💸 #ContractBlues #TakeControl #SaveMoney