Prepaid: There will be no monthly phone bill. This means there will be no record showing what numbers were dialed, the length of each call, and whether a call was considered as roaming.

Yearly: There will be a detailed phone bill provided every month listing each dialed call. The customer can see the date and time each call was placed along with the length of the call.

What is the price-per-minute charged by my plan?

Prepaid: There can be a broad range of prices charged per minute depending on the number of minutes purchased at one time. If a small number of minutes are purchased (let's say 30), the price could be as high as 50 cents per minute. If a cell user is willing to purchase 1000 minutes, the price can often drop down to 10 cents per minute. It is also important to remember that prepaid airtime prices already include all wireless taxes and fees. (These are the taxes and fees that yearly plan users see listed on their phone bill each month.)

Yearly: Figuring out the price-per-minute is not quite as simple as it seems. Let's consider a phone plan offering 350 anytime minutes for a monthly charge of $39.99. If we do the math, we will find that the price per minute appears to be about 11 cents. But let's not forget that this phone plan offers free calling on nights and weekends. Let's assume our customer makes 500 minutes of free calls this month during these night and weekend time periods. This customer is now actually getting 850 minutes of calling time for his $39.99 charge. This means the price per minute has now dropped to about 5 cents. There will also be taxes and fees added onto the monthly bill. They will include federal, state, and local taxes, in addition to any service or regulatory fees charged by the wireless provider. These taxes and fees can end up adding as much as 35% to the monthly bill.