Use 4 simple questions to beat your phone company and save money

At this point, a cell phone is practically a necessity.

But if you aren't eager to downgrade from your smartphone to a flip phone reminiscent of the early 2000s, your connection to the rest of the world can be pricey.

The chart below, published by I Will Teach You To Be Rich for Ramit Sethi's "Save $1,000 in 1 Week" challenge, explains how to start getting creative with reducing your cell phone bills by answering only four questions.

Cellphone Chart

(I Will Teach You To Be Rich)

NOW WATCH: JAMES ALTUCHER: Why investing in a 401(k) is a complete waste of money

More From Business Insider

• NBC fires Donald Trump after he calls Mexicans rapists and drug runners
  

• There are 3 ways people get rich, but only one way they hold on to their wealth
  

• I cooked all of my meals at home for a week — and it was much easier than I expected