Personal Finance13mo
by JumpyRaccoonVideo Game Developer
GigglyPotato
Should I buy an Iphone from first salary
My current phone is almost 4 years old so I am in dire need of a new one, most of my friends/colleagues are buying Iphone and recommending me the same(since it has best camera + brand value) but for me spending most of my salary on a phone seems absurd....
20mo ago
ZestyLlama
Stealth20mo
Help someone who is in need of money you will have that satisfaction which no iPhone can give you in this world
GigglyDonut
Stealth20mo
Ye ketto wale idhar bhi aagaye
DerpyMochi
Freelancer20mo
😆🤣🤣🤣
DancingPancake
OPEN Financial20mo
If you have to ask you know the answer. Financial discipline is a by product of self discipline. This one choice could play a vital role in how you spend money in the future. So, it is better take a decision on your own rather than asking people here.
WigglySushi
Student20mo
DerpyBoba
InMobi20mo
What is your current salary? If you earn 300k per month, buying an iPhone is a no brainer splurge.
DerpyBoba
InMobi20mo
Since you mentioned most of your salary, would recommend saving money for next 6 months and buying it then. Its discipline, and doesn't feel regret heavy. If you don't mind you could also check with people around you if they want to sell their existing iphone.
GigglyPotato
Slice20mo
Mine is around 200k, but I've some priorities rn like building an emergency fund and investing....
ZoomyUnicorn
Adobe20mo
Lol. As a first lesson into personal finance - Don't ever fall for peer pressure for anything in life. Look at your requirements and budget.
If iPhone fits your budget and requirements go for it. If it is an aspirational purchase again go for it but bear in mind the cost. Your friends won't pay the EMIs.
The best camera in hands of a normal user would still click the same photos as a 30k phone. Look at your photography requirements.
TwirlySushi
INDMoney20mo
Yes yes. Your money is to buy things you really want
PerkyMarshmallow
Razorpay20mo
CosmicSushi
Stealth20mo
Do not yield to peer pressure
JazzyWaffle
Stealth20mo
The way I look at big purchases is to divide them between needs and wants. This is clearly a want. I'd first save up for the phone (from the salary post investment and expenses) and then buy it.
If you are buying the phone on emi and not saving adequately, then it's probably a bad decision. Still your decision though.
For needs, I'm willing to spend upfront from future cashflow. For wants, I save up first before the purchase. Helps build some financial discipline.
JazzyWaffle
Stealth20mo
On the absurdly high price, one way of looking at it is that iPhones generally last longer than Android phones (in my experience). So the cost of usage is divided my more years of usage. So there is some value in premium products. But post that, it's a you do you. Buy it if YOU want it, succumbing to peer pressure is a slippery slope.
GigglyPotato
Slice20mo
Great advice, I haven't started investing yet and post expense I will barely be able to buy it plus I was planning to build emergency fund first
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News Discussion17mo
by DerpyPickleBusiness Development M...
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If you can't buy it twice, you can't afford it. Applies to every significant purchase.
Lol...Get 30k phone 📱 It will do all task as 1l phone does Baki paiso se Bangkok ghum aao
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You live only once. Just go ahead and buy that BMW you wanted to buy one day
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