Tuesday, November 9, 2010

Top Ten Ways Being Online Saves You Money

High-speed Internet can save consumers nearly $8,000 a year

Broadband offers significant potential savings on housing, food and clothing

WASHINGTON, Nov. 9, 2010 /PRNewswire/ -- American consumers can save $7,707 a year by having access to and using high-speed broadband Internet, the Internet Innovation Alliance (IIA) announced today. The cost savings are detailed in a financial analysis titled, "The Real Cost of the Digital Divide," by Nicholas J. Delgado, certified financial planner and principal of Chicago-based wealth management firm Dignitas.


"As the economy continues to struggle toward a recovery and unemployment hovers near an all-time high, millions of Americans are desperate to make ends meet," said Delgado. "A critical step in shutting down debt and developing smart financial habits is getting online."


According to "The Real Cost of the Digital Divide," after factoring in the average annual cost of a home broadband connection – $490(1)– the typical American family could save more than $7,200 per year on essentials like housing, food, clothing and basics like entertainment and travel through discounts and sales only available to online consumers. The following savings are based on the average U.S. household income before taxes of $62,857(2).


Read full article

No comments:

Popular Posts

New York Time

Copyright 2017 ©
Netvision SA and PlanetM
New York, New York, USA 10008
You can copy this content without permission but you must notify us via email.
Otherwise, it is illegal. All rights reserved worldwide
Updated by Carlos Vassallo

Total Pageviews