I itemized our expenses when I computed for my target emergency fund. From that exercise, I found 3 expense items that aren’t painful to remove or reduce.
Scribd is a subscription service for books, magazines, podcasts, and paid articles (e.g. articles by The Atlantic).
I used to listen to audiobooks on my commute to work (pre-COVID-19). These days, I’m more into listening to podcasts which I can continue doing on Spotify. I also still have books from the Big Bad Wolf book sale from earlier this year. I might resume my subscription when I finish my unread books but for now I can do without the service.
Additional savings per month: $8 (around PhP 400)
Globe Postpaid Plan
Since I’ll probably be working from home for the rest of the year, I don’t have as much need for mobile data. I can just connect my phone to the Wi-Fi at home.
I also checked my statement for my actual SMS and call consumption for the past 6 months and learned that I don’t really need Unlimited All-Network SMS/Call add-ons.
I logged in to my Globe account and downgraded my plan from PhP 799 to PhP 599. The latter is still too much for my needs right now but it’s the cheapest plan available. I could save more if I go prepaid, but there’s currently no way to switch and keep the same number. Thankfully, I was on a no lock-up plan, so I didn’t incur additional costs when I downgraded.
Additional savings per month: PhP 200
PLDT Home Broadband
Telco companies usually change their pricing from time to time so I checked the PLDT website to verify if we could get the same service for cheaper.
We are paying PhP 1,825 for our 25mbps Unli Fibr Plan with “free” landline. On the website, the same plan is only PhP 1,699.
I checked our statement and apparently, we’re being charged for a Super Bundle add-on (caller ID, call waiting, and one other thing I can’t remember).
I also found out that the “”free”” landline isn’t really free. What gives, PLDT?
In the billing statement, there’s a line item for Residential Line Service Charge which costs PhP 617.63.
It’s been hard to get through their customer service hotline the past several days, but I’m planning to reach them through other channels (e.g., twitter) this week. I’ll update this post if I’d be able to get the Super Bundle and landline cancelled.
Potential savings per month: Php 826.15 (Super Bundle + Landline + VAT)
What I learned from this exercise
It was interesting to note that all of these expenses were automatically charged to a credit card, which made me inadvertently avoid feeling the pain of paying for them. I also think automating the payments made me less inclined to review my billing statements.
I switched off my auto-charge arrangement with both PLDT and Globe and decided to pay for them manually every pay day. While it seems more convenient to automate bills payment, I don’t think it fits my money personality.
I’m glad I did this before going after the small things that bring me joy, like ground coffee and makeup.