Internet service in the U.S. can be spotty for people living out in the boondocks, like your favorite accountant. Travelers need to hunt for an open Wi-Fi hotspot to stay in touch. Even worse, internet is frequently bundled with cable, forcing you to buy both or face wildly overpriced stand-alone internet service. They got you where they want you and your pocketbook is the victim. There has to be a better way. There is. And since I’m an accountant I want a big tax deduction too.
Internet service can cost $50 a month and more for high-speed broadband. (Please sit for this next part. I don’t want anyone falling and getting hurt.) How would you like fast internet (I’m talking 10 Mbps and higher with 10 people on at the same time) for $41.67 a month, paid annually? That works out to $500 per year. After the first year the cost drops to $400 per year or $33.33 per month. You can take this little gem with you on vacation, too. Your fast and low-cost internet is as small as a cell phone, has a 10 hour battery life and is very portable.
Okay, enough of the baiting. Time to get down to facts, get a tax deduction and details on obtaining this money-saving, tax deductible gem.
Where It Started
Back when I was writing about library millionaires I ran across a device my library lent out. (Actually, my youngest daughter saw the library was lending a new Wi-Fi hotspot and she was hungry for internet that worked.) We checked the device out and were amazed by the quality. The backwoods of Wisconsin never saw internet work like this.
All good things must end. Our new Wi-Fi hotspot was everything we wanted, but everybody else wanted the darn thing too. After we were the first to get the thing from the library, a waiting list developed. Quick as a lick I sprung into action (actually, it was my daughter springing again) looking for more information on this little gizmo.
Turns out a non-profit organization called The Calyx Institute issues the device. The best part was that it was free! All you had to do was become a member. Okay. But what does Calyx do with my membership dues? They are a non-profit dedicated to education and internet privacy. They are also the company that got the first Patriot Act warrant unsealed.
My research unveiled the reason why this LTE/4G is available. Spectrum was set aside for educational purposes. Calyx, as a non-profit, gets a sweetheart deal on the service and passes along the savings to you. Membership is $500 and includes the Wi-Fi hotspot pre-loaded with one year of unlimited use and a t-shirt. (Hell, they had me with the t-shirt.) The cost is $400 a year afterwards because you don’t need to buy new hardware.
Before you rush out and join Calyx for the free Wi-Fi hotspot, check the coverage map to verify it works in your area. The hotspot uses the Sprint network. Be sure to check the “Data” tab as Sprint coverage is different between voice and data.
Now you can take your Wi-Fi with you on vacations and business trips. No more searching for open Wi-Fi or using an unsecured hotel or airport hotspot to view girly videos, ah, I mean stock quotes and catch up on email.
Many readers here retire early due to intelligent money management. (They save half their income and invest in broad-based index funds.) These people like taking a year or so off and traveling the country. Now your Wi-Fi can come with you at no extra cost. You can thank me later
Calyx is a 501(c)3 non-profit. This means your membership dues, which include a t-shirt and the Wi-Fi hotspot, are deductible on Schedule A.
Just a minute as I wipe a tear from my eye.
This is not an affiliate program where I get revenue if you join Calyx. This is all them, not me. I’m doing it out of the love of my heart. (Awwwwwe!) But if you insist on helping me financially you can use the DIY tax software link in this post. Or, when you are planning an Amazon buy you can start with this link. (Remember, no spending for spending’s sake. I like more money, but my waistline tells me I am eating just fine, so crazy spending is not allowed. Now, if you were going to purchase that thingie over there anyway . . .)