Just get a budget phone...

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I just need unlimited mobile internet and like 30 text messages a month and 30 mins talk time and I'm gucci. I don't talk on my phone for more than 60 seconds like 3 times a month. My phone bill is 80 but when you look at my breakdowns it's stupid.
30 texts

:skip:
 

King Ming

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Oneplus 6T still taking good care of me...

Just bought the Pixel Pro 6. Dope phone :whew:
 

Guile

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i was following that wave for years until i joined the military and found myself out in the middlle of nowhere for months and my phone was my only connection to the outside world/entertainment

just bought a one plus pro 10....
 

kaldurahm

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Gotta upgrade my pixel 3xl to a pixel 6a. My shyt dies too fast, pisses me off

Also I just cracked the screen 2 days ago :skip:
 

Conan

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If there is any device you shouldn't hesitate about splurging on, it's a phone. My phone is my life. I can't cut corners on it to save pennies at the expense of convenience and functionality.

What is retarded is getting a new phone every year. Invest in a quality phone and ride it till the wheels fall off, then re-up. Unless you're an Apple whore :francis:
 

KBtheKey

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The fact that a new main phone drops every year and each one costs 1k plus, you should know that you're getting scammed. You could cop a $150 phone and a digital camera and have everything the newest phone has to offer for less money.

You could cop a 250 dollar phone and a laptop and be able to capture/record in HD and backdoor and edit on the laptop, for less or maybe the same numbers.

Unless you play games on your phone, i don't see the reason behind trying to stay "up to date." All you really need is a decent camera and plenty internal storage

Also, after the Galaxy note fiasco, i will never buy a release model electronic ever again.
 

Mystic

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One other thing, DO NOT GET PHONE INSURANCE. That shyt is a scam and you almost always have to pay a deductible.
Not a scam at all, if your phone breaks after only 2 months of having a 1000 phone that's $14 in monthly payments total(so far) and maybe a $200 deductible for a $1000 phone. Hell I can get phone insurance right now and immediately file a claim saying I lost the newest iPhone and I'll get one the next day for only that say $200 deductible
 

Admiral Ackbar

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I stay with the latest top of the line Samsungs, but I never pay regular price for it. If you look closely, you can get them for 75% off or free. My current 22 Ultra was $250
 

HabitualChiller

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One other thing, DO NOT GET PHONE INSURANCE. That shyt is a scam and you almost always have to pay a deductible.
By that logic, you also shouldn't get car insurance because you almost always have to pay a deductible.

Pay a $200 deductible if your phone is lost, stolen or broken

-OR-

Pay the full price of whatever is left on your phone, then buy a new one.

Which sounds better to you?
 

Mystic

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By that logic, you also shouldn't get car insurance because you almost always have to pay a deductible.

Pay a $200 deductible if your phone is lost, stolen or broken

-OR-

Pay the full price of whatever is left on your phone, then buy a new one.

Which sounds better to you?
shyt im about to lie and say I lost "my" "Samsung Galaxy fold" and I only gotta pay $250 or less for the deductible then cancel the plan after i get the phone so its def not a scam if anything its a scam for them if you know how to use it right
 

Macallik86

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Not a scam at all, if your phone breaks after only 2 months of having a 1000 phone that's $14 in monthly payments total(so far) and maybe a $200 deductible for a $1000 phone. Hell I can get phone insurance right now and immediately file a claim saying I lost the newest iPhone and I'll get one the next day for only that say $200 deductible
Ignoring that this thread is about why $1,000 phones are a waste of money, here's an article that uses your hypothetical #s to explain why phone insurance is a waste of time:

If You Have $1,000+ In Savings, Cancel Cell Phone Insurance

[...] Stop paying for smartphone insurance. Here’s why. Say you bought a new iPhone for $1,000, pay $13 a month for insurance and have a deductible of $199. Well, the average person keeps their iPhone for two years. So, over those twenty-four months, you are going to pay $312 in smartphone insurance. Let’s just say that sometime, within those two years, you file a claim just once. Over those two years, you ended up forking over $511 in insurance and deductible costs. The phone costs $1,000 to replace and you just paid $511 to insure the difference of that phone, which is only $489. So, you are paying over 50% of the original value of the phone to insure something just once that is now, most likely, worth less than $1,000 all while having $1,000 or more in the bank.



By that logic, you also shouldn't get car insurance because you almost always have to pay a deductible.

Pay a $200 deductible if your phone is lost, stolen or broken

-OR-

Pay the full price of whatever is left on your phone, then buy a new one.

Which sounds better to you?
Don't make me get @winb83 in here to teach yall Personal Finance basics lol.

Insurance isn't a bad idea. Insurance for things that don't cost a lot is a universally recognized waste of money. It's highlighted as a poor investment in damn near every article about mobile insurance that is not written by the insurer.

Insurance is typically only financially beneficial for catastrophic events that cost so much that it could bankrupt you (ie: car, life, health, malpractice, business, etc)
 
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