Would you care to elaborate why you NEED 5 phones? I'm assuming there are 2 adults and 2 children in your family, along with the business phone. That's understandable.
Is it simply a preference that the business phone be separate from the personal line? I can understand this too. Mixing business with personal life is a often unpleasant compromise.
I will assume that the person holding the business phone is going to also be the one holding a smart phone, thus the business phone should be the bare minimum phone with only call/text capacities (i.e., not a smart phone), as the personal phone will be able to access business information like emails, files etc. Or Vice Versa, it doesn't matter.
I'll also assume that the second parent/adult is going to hold a smart phone as well. That's 2 smart phones and 1 dumb phone thus far.
Now, for the second two personal phones (for the kids right?) the choice is quite obvious. DUMB PHONE/Plan. Are these kids college students? They don't need data plans. Give me a break. FACE PUNCH for you.
So, you've got 2 smart phones and 3 dumb phones. You currently pay $167/month for your phone plan.
Have you considered Republic Wireless? You can check out there cell phones here
https://republicwireless.com/info/phones/and rates here:
https://republicwireless.com/info/plans/You've got to have a Republic Wireless phone, so you'll have to buy them:
For your two children and the business phone, opt for the cheaper phones. $300 at $100/each for the Moto E
For you and the spouse, opt for the middle of the line. $300 at $150/each for the Moto G
You'll have an out of pocket expense of $600 up front. But the phone plan will suggest the following.
You'll be able to purchase three of "The Republic Plan" for a total of $30
You'll be able to purchase two of the "Republic + 3G" for $50.
Add in the prerequisite taxes for the cell plans at of roughly $20, and you have a total of $100/mo for all 5 phones, for a net savings of $67, equal to reducing your costs by 40%
You're upfront cost of $600 will pay for itself in the first 9 months, and you'll be saving $67/month from there on out. You've already stated that 2 phones are two years old, and the other 3 are four years old. This suggests that you could easily hold the same phones across the family for at LEAST two years.
Unless you are a whiney pants suffering from excusitis, there is no way that you can refute the facts. For $600 up front, you are getting a return on your investment of
11.16%. That's easy money MASIK!
If you bought 5 of the low tier phones, it would be $500/up front, and you'd realize a return of
13.4%If you bought 5 of the mid tier phones, it would be $750/up front, and you'd realize a return of
8.93%And after the phones are paid off, you'll save $800/year.
Someting to think about.