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FIB - Scams 101 - Ye Olde Archives
Posted By: nath In Response To: How many of you use 56K dial up? (Alex F.)
Tuesday, 31 January 2006, at 7:20 p.m.
I am. Still using dial-up even tho' I can more than afford a DSL or high-speed.
You see, it all depends on what you use the Internet for. I don't download music and rarely watch any video clips. And I'm so used to open several windows at a time that I seldom notice the slower speed because I am almost always able to read what I want to read by switching from screen to screen.
You assume that people who choose to do dial-up use AOL. In reality, there are *many* reliable providers that offer cheaper service; as low as $5.95/month (or up to $9.95). Let's do the math. That's $29/month. Or $348/year. In 10 years, $3,480. Without interest.
This is the same thing as cell phone. I can afford the most expensive cell plan, yet I use a prepaid cell since I only use it mostly for emergency. That's a saving of $240/year. In 10 years, $2,400. Without interest.
With compounding interest, and after many years, the savings could add up to... um, maybe $15,880?
I don't know about you, but I could certainly use that $$$ and put it to good use.
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