Let’s face it! Anything technology related screams the word “EXPENSIVE”. The tiniest of gadgets could cost thousands of dollars and eat up more than half a paycheck. Yet, we tend to be obsessed with them and wouldn’t mind spending a month’s worth salary on them and eating veggies and biscuits for the rest of the month. But, you don’t have to be a tech lover and end up being broke too. Here are a few tips to help you out.
Research the market
With the increase in the number of tech magazines and websites, there is a great deal of information available all over the internet regarding the upcoming gadgets and the special features and what to expect from them. Therefore, you should make it a habit to research the market thoroughly to help you identify whether you actually need this gadget or not. If there are no unique features then you might as well give this a miss. Even if it is something simple as a computer tower, make sure you read up on it before purchasing. Moreover, find out about the price range, so that you have an idea about how much money you will have to save up in order to buy this.
It would be completely foolish to spend an entire paycheck on the new gadget only to end up being broke for the rest of the month and eat soup and bread. Instead, you could start saving up a few months prior to the release so that you can get your hands on this as soon as possible. You might want the best computer cases or the fancy smartphone watch, but all of this is going to cost a fortune. So start saving early. Once you research and find out how much it’s going to cost approximately, you can create a plan on how you could start saving up. For example: $200 each month, for at least 4 months prior to the release is going to make it much easier for you to buy it instead of spending $1000 in one go.
Just because all your friends have signed up on the waiting list to receive one of the first few of the latest gadget, you don’t have to do the same. A few months later, nobody is going to notice whether you were the first one to receive it or not. So, be patient because the price is bound to reduce after a few months. Wait for the right time and you could even get a good deal on it. This way you could get your hands on your favorite gadget without going broke at the same time.There is no harm in being a tech freak and fulfilling your passion towards this, buy purchasing the latest gadgets in the market. But, there is no point doing this, if you end up being broke. So, give these tips a try and watch how you buy your favorite new gadget without going broke.