Tuesday, December 05, 2017

How much is an iPhone addiction costing people!

I just read the following posted by a person on the internet.

They've been purchasing the iPhone since 2009. A total of 8 iPhones in 8 years. That's probably well over $6,000-$7,000 in mobile phone purchases and that doesn't even include plan charges.

The media often mentions the avocado generation, but it's the large companies making a killing with their must have marketing tactics. Add ongoing fees and this subtle but continuous drain on people's finances may reduce their long term ability to grow their asset base.

I'm sure this person is very proud of their iPhone collection, but do people really need to buy a new expensive iPhone or equivalent every year. Perhaps not. But of course, if that's what brings joy to your life then ultimately that's your choice.

Kelvin Eldridge
IT support.

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