Save Money - Personal Finance Tips for Busy People

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After a day of reading all about crypto posts, I decided to do something a little different. Since this site is about finance, I wanted to add a little *personal* to that finance moniker and post something that will help ease the pressure on your wallet. In this age of shrinking income and fast-disappearing stimulus check, we could use all the help we can get.

One of the things we all do, is make use of technology in content creation and managing our digital assets. From news tips to blogging, the experience has now become a portable one. An increasing number of people are making a living in developing countries using tiny devices, in order to make a big impact in their quality of life.

You know what I'm talking about, right? The cellphone. Prices range from the most basic feature phone, all the way up to the most advanced flagship iPhone and that's what I'm here to talk about today.

I learned a long time ago, that there is often no need to pay full price for almost any product. Timing your purchases, can result in significant savings. Today, I'm going to share two of the tactics I use to save when picking up a new handset.

One step back

If you watch phone prices over time, you can begin to see the numbers fall as time goes on. I've seen that if I'm just willing to wait between six months and a year, I could get the model that I want, while only paying half the price. Mid-tier cellphones that made their debut last year at $500, can now be found for half the price. The numbers seem to go down in 90-day increments. So the longer you delay whipping out that credit card, the more you can save. Not to mention looking for sales after the holidays, over the Summer and during the late winter months. Good deals can be found for the savvy hunter.

Begin again renewed

Love the iPhone> There's yet another great way to get a good price on tech from out favorite fruit company. Head on over to the main Apple.com website and scroll way down to the bottom. Under the "Apple Store" heading, you will see a section titled "Refurbished and Clearance." What many people don't realize, is that Apple recycles handsets that have either been returned or offers new models that they are attempting to clear out. On Amazon, they'd be referred to as being "renewed" and something similar is being done here. Apple checks each phone out to make sure it works properly. Head on over to the Apple Refurbished Store and you'll find the iPhone, Macs, the Apple Watch and other gear available at a discount.

Looking for a refurbished iPhone? The Space Gray 64GB iPhone 11 Pro is yours for $759, that's a savings of $140 off of list price and it's unlocked. Going back a couple generations, nets you the Space Gray 256GB iPhone X unlocked, for $679, saving you 370 bucks. Now Apple doesn't just ship you somebody's banged up yakker, covered in fingerprints and bubblegum, they pack in a new battery, outer shell along with a one-year warranty for peace of mind. Take a look around as the collection is updated whenever new stock is available. Why pay full price? Let other people do that and you can take the money you save and buy more crypto! :)

Thank You So Much!

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6 comments
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I don't need the most up-to-date stuff. I just need something that works so I wouldn't even want to spend that much for a phone. Also I am not exactly sure about the quality of refurbished stuff since I have seen a bunch of videos what can happen.

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I hear you. Apple however, is known for having their tech last a long time and keep a lot of it's value. I would never trust anything "renewed" from Amazaon, for instance, but Apple gets my vote every single time.

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Yea I think Apple might be fine for most things but I think Louis Rossman so i am always skeptical of Apple.

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I usually wait until a phone has been out for a year or two and then I pick it up at a discount. For example, I have the Pixel 2XL right now. I got it when the Pixel 4 came out I think. I am still using it and they are getting ready to release the Pixel 6 if I remember correctly. I think it still has a lot of life in it, but I am actually going to upgrade it because my work is paying for it. Decided to go big and I am getting the One Plus 9 Pro now.

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You're going big! I hear good things about the new models! I tested a Pixel 4a 5G recently and the cameras produced stunning images. The 4a is only $299 at Bestbuy. The 6 is coming out in June, I think? Some people don't realize that they're paying for time, when they buy something soon after it comes out. But if they can hold off a bit, they could see significant savings.

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I was looking at the 4a, but then I read there were some issues with the battery life. I really wanted the 5, but T-Mobile doesn't sell it. They support it, but I would have to pay full price and buy it somewhere else. So then I was looking at Samsung, but the S21 + and ultra are just so expensive and I don't like all of the bloatware that Samsung throws on their stuff. I finally settled on the One Plus do to the specs but lower price than the S21 +/ultra.

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