I can't believe how many people are actually financing…
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I can't believe how many people are actually financing their phones.
I'm a pretty frugal guy, the most frugal person in my family and in my friend circle, and I just upgraded from my S21+ (broken port, dead battery) to S23 ultra for 290€.
Now, as I was upgrading, I got interested in how other people get their phones, and I just assumed everyone gets refurbished or used phones beacuse are the best value.
But for many people I know that's actually not the case, when they can't afford a new phone, they won't buy just used phone for like 200 bucks, they actually finance their phones?
And I think this is such a stupid reason to go into debt beacuse that's essentially what it is. We are living in 2026, a 300$ phone is almost identical to a 1200$ in 90% of ways.
I mean your phone providers do give you a discount, but that discount is pretty laughable considering how much we pay in phone plans.
#finance
source
I'm a pretty frugal guy, the most frugal person in my family and in my friend circle, and I just upgraded from my S21+ (broken port, dead battery) to S23 ultra for 290€.
Now, as I was upgrading, I got interested in how other people get their phones, and I just assumed everyone gets refurbished or used phones beacuse are the best value.
But for many people I know that's actually not the case, when they can't afford a new phone, they won't buy just used phone for like 200 bucks, they actually finance their phones?
And I think this is such a stupid reason to go into debt beacuse that's essentially what it is. We are living in 2026, a 300$ phone is almost identical to a 1200$ in 90% of ways.
I mean your phone providers do give you a discount, but that discount is pretty laughable considering how much we pay in phone plans.
#finance
source
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