Electronic gadgets have now become a member of family of some sort to every household on earth. This is why LMB have brought you tips on saving on buying.
This century has witnessed an upsurge in the use of electronic devices like Ipad, laptops and smart phones. It is hardly impossible to find that person who doesn’t own either of these devices. The bad news though is that these essential gadgets are very expensive and every year latest variants are done and sold.
Live span and cost
A good mint Ipad Air now cost close to $1,000 dollars ,while Smart phones of reputable features cost around $600 dollars upward and you will see a good laptop for about $700 and above depending on specifications. Owning one of these is no longer an option in this age and time, therefore individual need to get one or all of these items to make their life comfortable. Before we go on, let us look at the average lives span of these gadgets
According to the Consumer Electronic Agency of the United States, its result on the live span of these items is
- The live span of tablets is 5.1 years
- Live span of notebooks are 6.5 years
- Phones live span is 5 years
Kindly note that this statistics are average years, therefore heavy users should expect their gadgets to have a less amount of live span.
Now let’s move to adequate planning, because if either of these items is important to your work or academic life then you need to save-up to be able to get one soonest. Lots of people discard budgeting, but it is advisable to be able to avoid debt and painful stories. The following are strategies for getting electronic gadgets.
Strategies for getting electronic gadgets
Saving
My idea of a good laptop cost around $1,500, and it will be useful for the next five years. Now to get to this amount in a year I need to save around $125 dollars every month, 4 dollars every day. Depending on the kind of job I am doing, I can get it less than a year and it won’t affect my live style. A drop of water makes a might ocean
Investing
Now investing in small –risk business every month can also pay, if you are smart. Out of your $125 dollars you save every month, if you invest it, u may get a good return on your investments and within six months, you may be ready to buy your gadgets.
Buying
At the end of the year after taking necessary small scale risks and assessments, you will now take stock of how much you have made and get the best value for money item around. Remember if you are a smart and low-risk investor, you would have made more than you total budget for the electronics, therefore giving you more cash to buy other peripherals and enjoy life.
Conclusion
In conclusion, careful planning is needed to make these things work ,you have to refrain from bad financial habits which includes gambling ,invest on low-risk business ,save up and then that electronics that caught your eye will be yours.
