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If you get your home internet connection via your local cable provider, then it may be wise to invest in your own cable modem. Why? Have a look at your bill. If the cable company provided you with a modem, you might notice that it’s charging you a monthly lease fee.

This leasing option seems to be more common in the US, but investing in your own modem could end up saving you money in the long run. Outright owning a modem also means that you can sell it once you’re finished using it.

Saving money isn’t necessarily the only benefit of purchasing or upgrading your own modem. It may be possible to achieve significantly faster download and upload speeds by taking advantage of new hardware advancements.
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