Are you a self-confessed lover of technology? If so, you no doubt clamber to own every new piece of tech that appears on the market. If this means queuing up overnight outside the Apple store so that you can be one of the first people to own the latest iPhone, then so be it!
As you are more than likely already aware, getting a hold of the latest technology isn’t always a particularly cheap affair. Tech manufacturers have to make the money back that they spent on building their gadgets in the first place, which is why they slap such a high price on them. This means that, if you’re not careful, satisfying your itch to own the latest equipment will probably end up draining your finances sooner rather than later.
Fortunately, there are things that you can do to own expensive gadgets despite the fact that you cannot really afford them. For advice on what you must do to finance the latest tech, be sure to check out the guide below.
Purchase second-hand tech
So long as the gadget in question has been looked after by its previous owner or repaired by a professional restoration service, there’s nothing wrong with buying a second-hand piece of technology. Should you decide to go down this purchasing route, just be sure to head the advice provided by MoneySavingExpert:
- Know what ‘Grade’ you are buying (Grade A appears new, Grade B may have scratches, Grade C will show signs of wear and tear)
- Check out the warranty cover that your second-hand gadget comes with
- Search the market and be patient — the perfect second-hand gadget will appear sooner rather than later
Borrow money from a reputable source
If there is a big tech release looming and you’re due to be paid your monthly wage a couple of days after, you’re probably struggling to come to terms with the fact that you aren’t going to be one of the first people to purchase the gadget in question. Fear not, as you can always borrow money from an external party in order to afford whatever tech is being unveiled. So long as you borrow from a reputable source, such as a person that you can trust or an experienced lender such as Cash Lady, you won’t have to worry about landing yourself in ongoing financial trouble in this instance. Whatever you do, just make sure you don’t borrow more money than you aren’t realistically going to be able to afford to pay back come payday.
Go without the original packaging
It might be nice to receive your tech gadgets in their original packaging and it might be incredibly satisfying to peel off their plastic screen protectors, but is gratifying those particular desires really worth paying more than you have to? If the technology works the same, delivers the same quality, and serves the exact same purpose, why shell out more money just to get (excuse the pun) the full package?
If you’re ever offered the chance to purchase technology without its original packaging, take it! You’ll be sure to save a lot of money if you do.
Take the above advice, and you’ll always be able to finance the latest tech.