Verizon has recently released Mifi, their new mobile broadband device, which now allows you to carry your own high-speed Wifi hotspot. At $60 per month, Mifi could save you some series cash by allowing you to consolidate your bills for high speed Internet and your new or refurbished cell phone.

Mifi is about the size of six credit cards stacked on top of each other and unlike other mobile broadband devices, Mifi does not need to be physically connected to any of the devices (you can connect up to five at once) drawing high speed Wifi from it. Think about the possibilities it allows. You no longer need to limit where you eat and drink based on who has Wifi (adios five dollar coffees), you can be online during car trips, you can be online in the park, and, best of all, you can eliminate your Internet bill and reduce your cell phone bill because Mifi gives you the option to use voice over IP calling everywhere you go.

Let me paint you a scenario. You already have Google Voice, which allows you to make free calls and texts over the Internet when you are in a Wifi hotspot. With Mifi, you will always be in a mobile hotspot. Hypothetically, you could reduce your cell bill to the cheapest plan (just so you still have a phone number) and strictly use voice over IP calling.

If you have a Skype account, you don’t even need a cell phone any more. You could just buy an iPod touch and with Mifi, you could make and receive all of your calls via Skype for a fraction of what you pay for your current cell phone bill. After you cancel your high speed Internet bill, which is about $45 per month on average, and reduce your cell bill, which I would assume is at least $60 per month, you could literally save your self almost a hundred dollars a month and never have to worry about where to find Wifi again.