Enter TruConnect, a company that offers no-contract service and pay-as-you-go rates.

The hardware normally costs $99, but here’s a Cheapskate exclusive: the TruConnect MiFi for $74 when you use coupon code CNET2012 at checkout. Shipping adds around $6.

Like similar products that bear the MiFi name (this one is fairly popular and made by Novatel Wireless), TruConnect’s pocket-size gizmo lets you connect up to five devices to its secure, self-contained Wi-Fi network. Service is provided via Sprint’s 3G network, here promising download speeds of up to 1.4Mbps.

TruConnect doesn’t require any kind of contract, though it does charge $4.99 per month to keep your account active. From there you pay 3.9 cents per megabyte of data used — meaning this is not the service for you if you’re looking to stream Netflix. But for everyday stuff like e-mail and Web browsing, you should be able to operate for a lot less than what you’d pay, say, Verizon (which charges a minimum of $50 per month).

According to a TruConnect rep, its users consume an average of 300MB per month, which works out to just under $12.

MORE: Get a TruConnect MiFi hot spot for $74 | Marketplace Blog – CNET Reviews.