I have a money-hole called my cellphone. Being a life necessity, I need to have a cellphone but I don’t use it enough to warrant its cost – and I’m not even talking about a lot of money here, I pay $22.60 inclusive a month for my cellphone service.

I’ve written about the benefits of the prepaid plan but the problem I’m facing now is that I can’t use up $20 worth of airtime in a month. It’s a constant problem, and although I’ve been better at using up my monthly allotment, I’m still consistently over $100 worth of credit. This is getting to be a problem because the iPhone is coming out. If I were to switch to a contract then I have to find someone way to use up this $100, which isn’t an easy task.

But in the end, I think it’s just a thought exercise. Would I want to spend $70+ a month (or $50 more than I do now) over 3 years AND pay $200 upfront for GPS location and the ability to access the internet the web anywhere? Not really.