Eliminate your Landline Telephone Bill
Ooma Telo, $175
A lot of us have cut the landline, relying solely on a cell phone. That makes your cellphone a good cost cutting measure, saving you $20/month without those landline charges. Sometimes, however, you require a proper phone, whether it be for work conference calls or for a home security system. Don't buy into the claims of IP phone services such as Vonage; I recommend the cheaper option, like an Ooma Telo. The Telo hooks up to your router and a normal telephone handset, allowing you to make voice calls all over the country. The Ooma is every bit as capable as Vonage service, and if you stick to the basic plan (unlimited US calls, caller ID, call waiting, voicemail) your bill will be a flat $3.77 — no joke! It'll pay for itself in no time.