Don’t rent a f*cking phone.

Frugal Thinker
1 min readOct 19, 2021

Signing yearly contracts is stupid, buy it outright out or don’t buy it.

Photo by Daniel Korpai on Unsplash

My friend pays $150 a month to view Facebook feeds, catch up with the Kardashians and play candy crush on her IPhone 13.

The new phone comes with great cinematic features for content creation and loads of storage and performance, however she doesn’t make any content, nor uses any of the expensive features.

She could have saved $1800 a year buy buying the phone out right and picking a far more affordable phone plan.

For example, I also have the IPhone 13. I bought it outright. My phone plan costs me $25 a month, I own the phone and strategically pick my phone plan provider. I can sell the phone on a whim if I ever decide but for now it is an asset as I use it to generate wealth.

If you financed a car you didn’t “Buy a new Car”.

If you signed a 2 year contract for a phone you also didn’t “Buy a new Phone”

There is nothing wrong with taking the time to save up and buy your phone outright. You will save far more in the long run.

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Frugal Thinker

👪 Dad 🌿 Vegan 🧮 Frugal Thinker👷 DIY'er 👨‍💻 Coder 🧪Info Seeker 🦉 Wise Owl 🏃‍♂️ Mud Runner 🥊 Kick Boxer 📈 Investor It's about freedom