Monthly or Yearly

[Eclipse]

I have seen many hosting companies offer Monthly or Yearly pricing for web hosting. Do you prefer paying monthly or yearly for hosting? Yearly saves you a lot of money because the Host usually lowers the price, lets say you pay monthly for 12 months, you'd pay much more than paying once for a year.

My current host, HostGator, offers to save you $150+ for paying for 3 years instead of monthly for 3 years. I am currently paying monthly because I earn money each month, it's easy to focus on the monthly payments because I can cancel anytime and with the money I spend at one time for yearly hosting, I can use it on other things.

 

[RjMaan]

I would prefer to pay on annual bases because it has somewhat discount factor involved in it. plus it is good to pay once a year because sometimes you forgot to pay monthly fee which may leads towards serious issues.

 

[Bobxogn]

It is much more convenient if it is payment for the year, because after a month you can forget whether you paid or not and the site will not work. And besides that, the payment for a longer period is always more economical.

 

[VitiBor]

Usually every year, if we take a long-term perspective. If you forget to pay for hosting and your resource will have good seo indicators, it will easily go to another person at the auction. I advise you to be careful about paying for domains.