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How To Save Money And Still Get A Cutting-Edge New Phone

Getting a cutting-edge new phone isn’t always easy. There’s a lot to contend with here.

In 2019, Apple hinted at lowering the prices of their iPhones, but their devices are still as costly as ever. Many consumers undoubtedly feel they are overpriced.

Still, while some might say that it’s ‘just a phone’, others would understandably feel somewhat dejected at being left out of the latest tech crazes taking the world by storm. Money is often an issue. However, when it comes to smartphones, does it need to be?

Here are some potential ways you could save money and still potentially get a cutting-edge new phone later down the line.

Budget, Budget, Budget

Obvious but essential, budgeting should be the first step you try to undertake. When you budget, you save, so keep practising positive financial behaviour.  You may do it using a budgeting journal – Kakebo or an app, there are quite a few to choose. I personally love Emma.

Map out all your monthly expenditures. Reevaluate your spending and cut out anything that isn’t essential. Spend time going through everything – you might be surprised at how much stuff you buy that ends up being almost worthless to you in the long run.

Even a classic savings jar might help in some capacity. Have multiple ways of saving money. If you stash away coins and notes over time, it may eventually build into a more promising sum.

The purchase of a cutting-edge new phone is a worthy goal to have when practising financial health. Perhaps it could just be the beginning of a long and productive self-improvement journey? After all, if you’re going to overhaul your lifestyle for the better, a reward could fittingly mark your progress. 

Consider Refurbished Phones

Refurbished phones have been controversial in the past. They are phones that were once owned by somebody else, traded in, and then repaired to functionality again.

There can be some risks here, and not everybody approves their use. Still, others have found success with them over long-term periods. It could be worth purchasing a refurbished phone and then waiting until the time is right to secure a cutting-edge new phone via your built-up savings.

The demand for refurbished smartphones has surged in recent years, with major networks and retailers now selling them plentifully. Try to trade with well-known entities for additional assurances and peace of mind.

Unfortunately, newer refurbished models do not have as large a pricing disparity as one might expect in most circles. You will likely stand to save only a measly few dollars. However, savings on older smartphone iterations can be substantial. For the best cost-effective strategy, shop a few generations with refurbished phones.  

Exploring a SIM Only Plan

If you purchase your phone outright and get a SIM only plan, you may save money. SIM only deals are a package of data, minutes, and texts for an adjustable monthly cost. Phones are not included.

Revisit your plan or set up a new one to see if you can cut costs here further. Though a larger initial outlay, it will be more cost-effective as you won’t pay as much as typical phone deals over time. Moreover, your SIM only deal will transfer over to that new phone easily, which means you may be able to purchase your new phone at a more affordable cost too. There are many benefits to take advantage of here.

First, you need a good deal. Take a look at Lebara’s offerings for a range of the best SIM only deals available today. You can enjoy 30 day rolling plans here, allowing you to change or cancel your plan at any time. They have great reviews from their customers, and there are no credit checks, bill shocks, or strings attached.

Pairing Budget and Quality

If a refurbished phone from an older era doesn’t appeal to you, there may be other options to explore. However, it would help if you prepare to shop around more extensively.

Try to research budget smartphones that don’t compromise on quality for a more savvy purchase. It may also be a good idea to ask your friends and family about what devices they’re currently using. The phones you purchase may miss some fancy features of the latest models, but in essence, they will be touchscreen phones that can download the apps you know and love.

Be open-minded. Set your ego aside and adopt reasonable expectations. Remember that Apple isn’t the entirety of the smartphone market. Once you have all of this in mind, you may be able to make a wiser purchase. After that, it’s again a process of waiting until your money builds up and you can buy something more contemporary.

Viewing Other Manufacturer Offerings

You may be deadest on acquiring a smartphone from one of the well-known brands out there today. That compulsion is somewhat understandable, especially when considering the media and public frenzy around certain phones.

It may be worth delving deeper into your preferred manufacturer’s offerings of stock. Do they sell other phones that are more affordable? Browse their product reviews too. Are there many customers that prefer the model you’re browsing over the newer iterations? If so, why, and does their reasoning make sense?

Remember that smartphone manufacturers didn’t just materialise out of nowhere. Many of them have a long and storied history, with milestone phones charting their progression. Tap into their track record and see what phones made an impact previously.

Acknowledge the fast-paced nature of cutting-edge technology. After all, what’s invented today in the phone world will quickly be improved upon next year. In the grand scheme of things, mobile phones are still a relatively new concept. It may be worth waiting for something that genuinely excites you, rather than abruptly buying a smartphone solely because it’s new.

Conclusion

If you want to save money and still get a cutting-edge new phone, you need patience. Smart decisions with your money will keep your phone-buying prospects moving at a steady pace. You can always try to sell your current phone (e.g sites such as iPhone (freedom-mobiles.com) may help when it comes to selling iPhones). Try to reframe your perception of the market too, and temporarily compromise where you can. Appreciate phones that aren’t necessarily cutting-edge but get the job done anyway..

In 2019, Apple hinted at lowering the prices of their iPhones, but their devices are still as costly as ever. Many consumers undoubtedly feel they are overpriced.

Still, while some might say that it’s ‘just a phone’, others would understandably feel somewhat dejected at being left out of the latest tech crazes taking the world by storm. Money is often an issue. However, when it comes to smartphones, does it need to be?

Here are some potential ways you could save money and still potentially get a cutting-edge new phone later down the line.

Budget, Budget, Budget

Obvious but essential, budgeting should be the first step you try to undertake. When you budget, you save, so keep practising positive financial behaviour.  You may do it using a budgeting journal – Kakebo or an app, there are quite a few to choose. I personally love Emma.

Map out all your monthly expenditures. Reevaluate your spending and cut out anything that isn’t essential. Spend time going through everything – you might be surprised at how much stuff you buy that ends up being almost worthless to you in the long run.

Even a classic savings jar might help in some capacity. Have multiple ways of saving money. If you stash away coins and notes over time, it may eventually build into a more promising sum.

The purchase of a cutting-edge new phone is a worthy goal to have when practising financial health. Perhaps it could just be the beginning of a long and productive self-improvement journey? After all, if you’re going to overhaul your lifestyle for the better, a reward could fittingly mark your progress. 

Consider Refurbished Phones

Refurbished phones have been controversial in the past. They are phones that were once owned by somebody else, traded in, and then repaired to functionality again.

There can be some risks here, and not everybody approves their use. Still, others have found success with them over long-term periods. It could be worth purchasing a refurbished phone and then waiting until the time is right to secure a cutting-edge new phone via your built-up savings.

The demand for refurbished smartphones has surged in recent years, with major networks and retailers now selling them plentifully. Try to trade with well-known entities for additional assurances and peace of mind.

Unfortunately, newer refurbished models do not have as large a pricing disparity as one might expect in most circles. You will likely stand to save only a measly few dollars. However, savings on older smartphone iterations can be substantial. For the best cost-effective strategy, shop a few generations with refurbished phones.  

Exploring a SIM Only Plan

If you purchase your phone outright and get a SIM only plan, you may save money. SIM only deals are a package of data, minutes, and texts for an adjustable monthly cost. Phones are not included.

Revisit your plan or set up a new one to see if you can cut costs here further. Though a larger initial outlay, it will be more cost-effective as you won’t pay as much as typical phone deals over time. Moreover, your SIM only deal will transfer over to that new phone easily, which means you may be able to purchase your new phone at a more affordable cost too. There are many benefits to take advantage of here.

First, you need a good deal. Take a look at Lebara’s offerings for a range of the best SIM only deals available today. You can enjoy 30 day rolling plans here, allowing you to change or cancel your plan at any time. They have great reviews from their customers, and there are no credit checks, bill shocks, or strings attached.

Pairing Budget and Quality

If a refurbished phone from an older era doesn’t appeal to you, there may be other options to explore. However, it would help if you prepare to shop around more extensively.

Try to research budget smartphones that don’t compromise on quality for a more savvy purchase. It may also be a good idea to ask your friends and family about what devices they’re currently using. The phones you purchase may miss some fancy features of the latest models, but in essence, they will be touchscreen phones that can download the apps you know and love.

Be open-minded. Set your ego aside and adopt reasonable expectations. Remember that Apple isn’t the entirety of the smartphone market. Once you have all of this in mind, you may be able to make a wiser purchase. After that, it’s again a process of waiting until your money builds up and you can buy something more contemporary.

Viewing Other Manufacturer Offerings

You may be deadest on acquiring a smartphone from one of the well-known brands out there today. That compulsion is somewhat understandable, especially when considering the media and public frenzy around certain phones.

It may be worth delving deeper into your preferred manufacturer’s offerings of stock. Do they sell other phones that are more affordable? Browse their product reviews too. Are there many customers that prefer the model you’re browsing over the newer iterations? If so, why, and does their reasoning make sense?

Remember that smartphone manufacturers didn’t just materialise out of nowhere. Many of them have a long and storied history, with milestone phones charting their progression. Tap into their track record and see what phones made an impact previously.

Acknowledge the fast-paced nature of cutting-edge technology. After all, what’s invented today in the phone world will quickly be improved upon next year. In the grand scheme of things, mobile phones are still a relatively new concept. It may be worth waiting for something that genuinely excites you, rather than abruptly buying a smartphone solely because it’s new.

Conclusion

If you want to save money and still get a cutting-edge new phone, you need patience. Smart decisions with your money will keep your phone-buying prospects moving at a steady pace. You can always try to sell your current phone (e.g sites such as iPhone (freedom-mobiles.com) may help when it comes to selling iPhones). Try to reframe your perception of the market too, and temporarily compromise where you can. Appreciate phones that aren’t necessarily cutting-edge but get the job done anyway..

About admin

I am not Martin Lewis but Martyna aka Money Saving Girl. When I first came to the UK I was on a super tight budget, so I know how hard it is not to have money or how to get creative to get 'more for less'. I share with you my money saving tips about anything which worked for me. Be it free samples, shopping tricks, iTunes, various discount apps, websites and reward programs. Occasionally I write about traveling or insurance.

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