5 smart ways to cut smartphone costs
Prepaid service can pay off
You can save money with prepaid services because they usually cost less than contract plans.
"Prepaid has become more competitive," says Keiter.
But savings can add up. For example, Walmart's prepaid service Straight Talk offers unlimited voice, text and Web for only $45 per month. And Virgin Mobile offers a similar plan for $60. Verizon, Boost Mobile and Metro PCS also offer prepaid plans.
Make sure you look for rollover minutes and read the fine print. "Be careful what prepaid companies advertise," says Mokey. "They'll say unlimited Web, but it's not the same as data."
There is one caveat: The latest and greatest smart phones usually come with a contract.