"Sure, this can seem like arrested development or mooching. But really? It's just smart. There's no reason not to save a few bucks on a phone plan. Before you yell at me, let me first say that I am not, and have never been, on my parents' cellphone plan. (I didn't get a cellphone until I was already an adult.) But I've long been jealous of my friends who are still on their parents' plans - it just makes good sense!"
"Yahoo News recently asked whether staying on your parents' phone plan as a 40-year-old makes you "a harmless mooch or a generational failure?" The reporter, Fortesa Latifi, admits that she and her husband were still on their parents' plans until recently, and that many others are like her, some even with children of their own, and quite a few feel embarrassed about it."
"Why are family plans so much cheaper per line? It's not that there are a lot more costs to operate cell service if a phone number isn't connected to a family plan. It's all about how advantageous it is for the carrier to sell family plans. For one thing, if you're part of a family plan, you're less likely to shop around and switch carriers."
Many millennials, including some now in their 40s and some with children, remain on parents' decades-old cell phone family plans. Staying on a family plan can produce substantial per-line savings; a T-Mobile unlimited plan that costs $85 for an individual can be about $42 per person for a family of four. Carriers price family plans to discourage switching and reduce customer-service overhead by consolidating billing and payments. AT&T added a feature to automatically split bills for friends-and-family accounts, but the account holder remains ultimately responsible for the full amount. Consumers can save money by joining or staying on family plans.
Read at Business Insider
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