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Disclaimer

Just in case you were confused, I am not your personal financial adviser. I'm doing my best to write up everything I know and learn about finances on this site. I hope that the information I am providing will be helpful to you, but I can't guarantee it. So make sure that you do your own research and get multiple independent opinions before moving your money around.

Why I hate phone/internet/cable bundles

I’ll come right out and say that yes, you can save money if you bundle your phone, internet and cable TV services and get them all from the same company.  However, before you run out and grab a bundle package to save a dime consider the downsides.

Having everything through one company means that it all goes through one line.  If something happens to that company or that connection you lose all of your services.  There is something to be said for having backup lines of communication.

I’ll give you two personal examples.

When I first moved to an apartment it took 3 weeks for the provider to get my internet set up.  Three weeks.  That meant that my only line of communication with the outside world was my phone.  If they had been through the same provider I would have been without any means of communication for 3 weeks.

Another time, my cell phone took a dive into the kitchen sink.  The end result was that I was without phone service for a week.  Thankfully I still had my email up and running so I could communicate that way.

In this newfangled information economy communication is vital.  Don’t run the risk of putting all your eggs in one basket.  Maintain separate lines of communication so that if one fails you have a fallback.

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