Verizon phone question please help?

stuff (:

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Hi, i have a LG touch phone and if you go into menu and select "Settings And Tools" then go down to Phone info (in this case its number 11) if u select that and go down to software update (4) Then choose "check New" (2) it says its connecting....i would like to know....does this cost money to update the phone software or what? and what Exactly does it do? Thanks in advance (:
 
Well to go on the internet yes, i have an lg nv3, yes i'm pretty sure it will cost money!
 
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