If you find that your monthly phone and cable bills have been eating into a bigger chunk of your budget, you aren’t alone — in fact, you’re perfectly normal. In an article on upcoming cable and telecom mergers, The Wall Street Journal cites data from the U.S. Department of Labor showing that average household spending on phone, pay TV and Internet rose to $2,237 per year in 2012, a 20% increase from 2007. In contrast, overall household spending rose by just 3.6% over the same period. On the one hand, some of this added spending can be explained by the fact that many wireless subscribers have now added data plans to their bills because they own smartphones. On the other
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