At what age should you start paying your own phone bill?

The Law. A minor does not have the right to sign a legally binding contract of any kind, including a cell phone contract. If a 16-year-old wanted to own and operate a cell phone, she would need someone over 18 to sign the contract associated with it for her.

How long should I pay for my child’s cell phone?

As long as adult children follow the trail blazed by Schroth and others, and pay for their fair share of the family phone bill, family experts say it’s O.K. to keep them on the plan, even for years at a time. “You’ve got more adult children living at home,” notes Varda Epstein, a parenting expert at Kars4Kids.com.

Is it cheaper to be on a family phone plan?

“It’s cheaper if we all stick together on one plan. That was a long time [ago].” Folks I spoke to reported averages of around $50 per line on their family plan, with some plans with four or five lines topping more than $300.

How many kids pay for their own phones?

Just over half of children in the United States — 53 percent — now own a smartphone by the age of 11. And 84 percent of teenagers now have their own phones, immersing themselves in a rich and complex world of experiences that adults sometimes need a lot of decoding to understand.

Should you pay for your adult child’s cellphone Bill?

Paying for an adult child’s cellphone bill will cost you $1,200 in lost retirement savings in just one year, according to the NerdWallet study. Bump that up to five years, and you’re missing out on over $5,300 in savings.

Should you keep adult children on your phone plan?

As long as adult children follow the trail blazed by Schroth and others, and pay for their fair share of the family phone bill, family experts say it’s O.K. to keep them on the plan, even for years at a time. “You’ve got more adult children living at home,” notes Varda Epstein, a parenting expert at Kars4Kids.com.

How many teens actually pay their cell phone bills?

According to a Nielson report, only one in four teens actually pays any or all of their monthly cell phone bill. Even more frightening is the fact that parents are also footing the bill for their ‘adult’ children as less than half of Americans between the ages of 20 and 24 pay their own monthly bill in whole.

Should you put your 28-year-old on a family phone plan?

Some mobile phone gurus say keeping an adult child on a family phone plan – even to age 28 – is a good idea. Here’s why. Some mobile phone gurus say keeping an adult child on a family phone plan – even to age 28 – is a good idea. Here’s why.