Your cell phone is one of the most important payments that you will make each month. It is your contact with the outside world, especially if you don't have a land line. It is also one of your biggest expenses, sometimes comparable to your cable and utility bills, sometimes second only to your mortgage and car payments. For this reason, you should think carefully about cell phone plans and make sure that you are signed up for the right one. Your current cell phone plans might have been best when you first signed up for them, but this is not always the case. Oftentimes it is a good deal to stick with old plans, because inflation causes the rates to rise. At the same time, these plans may not offer data and texting plans, which might have to be purchased separately, and can cost quite a bit.