Overall, going in on a shared phone plan with friends could be a good idea if you choose the right plan and read the fine print carefully. It offers the same unlimited perks as other plans, but allows each person to set up their own account and pay their own bills, meaning that one friend who’s good with money doesn’t have to keep track of the phone bill spending for the group anymore. We’ve written about Visible before, but they recently released a new plan, called Party Pay, that allows members to join the same phone plan, or “party,” but pay their own bills separately. Though as long as you and your friends are responsible about paying each other on time and selecting a primary account holder who will pay the bill on time, any family plan can be a friend plan.Ĭurrently, Visible is the only carrier that offers a phone plan specifically targeted to friend groups, or groups of people who want to pay separate bills but reap the rewards of a singular phone plan. Many carriers, including Sprint and T-Mobile, have tried promoting phone packages to friend groups, but don’t currently have any friend plans available. While almost all phone carriers offer multi-line shared plans, few are targeted specifically to friend groups instead of families. Visible's Party Pay plan is the only plan that currently targets friend groups. But is it that easy to orchestrate a family phone plan with friends? And is it smart-or deceptively silly? How does a family phone plan work? Family plans are an incredibly appealing option for those looking to save money each month-just gather a group of four people, get them on the same line, and feel confident that you’ve bested The Man. Getting a single-line phone plan is an easy way to overpay for your phone each month (unless you’re using a plan built for individual lines, like Visible, so many people take advantage of family plans, or multi-line shared plans, offered by carriers. It all leaves you with one question: Am I getting the best deal on my phone plan? There are literally dozens of phone plans available, all with varying levels of data, minutes and texts-and it doesn’t help that the big four carriers are constantly changing their plans, offering you yearly contracts and phone leases that cause your phone bill to fluctuate every few years. Instead of paying 70-80 per month per line with a major carrier, save your dollars by opting for a multiple line plan with an MVNO. Navigating all the different cell phone plans out there leaves you feeling just about the same way my mother does when I sing the chorus of “Work It” to her: confused and frankly terrified. Finding the perfect family plan doesnt have to be overwhelming or expensive.
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