24 month contracts

MissKeith

I get a 40% discount off my line rental through work and based on my usage and the phone I'm using (HTC Desire HD), it worked out cheaper. Hopefully, I won't be with this company by the time I'm due for renewal so I'll be buying my phone outright and going sim only next. I like my expensive smart phones at the moment, if I move out of the telco field, I may not be as fussed about them.

esuhl

tigertail49 wrote: »

Why in a recession are people still signing to 24 month contracts? It does not make sense as anything can happen and 24 months is a long time. What do you think?

So the worst happens and you lose your job. You have a month or two's notice and a few months salary as redundancy pay. On an average salary and a decent redundancy package that could easily be £10,000 going into your bank account in a lump sum. So just hold £400 back to pay your phone bill. For some people a phone bill will be the least of their worries if they lose their job.

maggie111

esuhl wrote: »

So the worst happens and you lose your job. You have a month or two's notice and a few months salary as redundancy pay. On an average salary and a decent redundancy package that could easily be £10,000 going into your bank account in a lump sum. So just hold £400 back to pay your phone bill. For some people a phone bill will be the least of their worries if they lose their job.

That's really not average at all!

Rusty!

It's average if you'd been working somewhere for 40 years I guess.

Guys_Dad

esuhl wrote: »

So the worst happens and you lose your job. You have a month or two's notice and a few months salary as redundancy pay. On an average salary and a decent redundancy package that could easily be £10,000 going into your bank account in a lump sum. So just hold £400 back to pay your phone bill. For some people a phone bill will be the least of their worries if they lose their job.

Try reading some recent posts - it is clearly a problem for a considerable number of MSE members.

robt_2

tigertail49 wrote: »

Why in a recession are people still signing to 24 month contracts? It does not make sense as anything can happen and 24 months is a long time. What do you think?

Because some people are more fortunate financially than others.

Not everyone and their circumstances are the same.

BenL

I've had my current mobile for about 4 years, I'd not have an issue with a 24 month contract.

shortchanged_2

Best for everyone if you copy me and have a PAYG mobile which I probably put about £5 on every 6 months.
Mobile phones, can't stand the bloody things. How we ever survived without them before I'll never know.

Doom_and_Gloom

I'm on a 24 month contract (19 left) for my mobile as it was much cheaper for me with my useage needs, with who I have to phone with it etc. My partner and I also have a 24 month contract (19 left) for our dongal internet as it was only £5 more than what we were paying for the PAYG one we had but had 3 times the internet usage per month! When my partners mobile phone contract comes to an end he will sign up to a 24 month contract. It works out cheap for us so it makes sense. With our mobile usage buying a cheap handset (or even using an old one in my case) and going PAYG would cost us more - doesn't make sense to do that!

lucylucky

My current phone is the first one I have bought and used a SIM only deal. Much happier with it. The phone has none of the Networks rubbish on it, gets updated quicker and when I want to upgrade/change I will sell it and buy something else.

No suitable for everyone I agree but personally I am delighted.