I dont think that’s fair to say. Would you apply the same logic to a house or a car?
Of course, i could pay for this phone in a single month, but then i wouldn’t have enough for gas or electricity for my home. Or to pay for my car, or for food or anything i might need that month.
Even the biggest companies in the world borrow to pay for things. Spreading the cost is a perfectly acceptable and legitimate way to pay for something.
I save for other things. I have my bills, and i have my savings.
Whilst i appreciate the financial advice, i would prefer a less matter of fact approach to calling me irresponsible
No, thats fair. I struggle to figure out when so.eone is being confrontational even irl.
I think its a good standpoint to have, saving to buy is a good way to stay out of debt. The only downside is when it comes to buying a house, if you dont have a credit history, then you might fail the credit checks because theres no proof you can stick to repayments.
Things like phone contracts and bills help with that. It may even be worth getting a credit card to pay for groceries and then paying back the credit card with your wages each month, with the money you would have spent on groceries anyway, just to build your credit score.
I dont use saving on phones. I use them on car and house repairs. On my kids clothes etc.
But you do you, and I’ll do me. Im managing just fine and im not poor (at least not relative to other people in my circles) (obviously most people are poor, its all about perspective, but thats neither hear nor there)
If you don’t have those 1700£ to buy it outright maybe you shouldn’t be using a 1700£ phone and focus on saving up
I dont think that’s fair to say. Would you apply the same logic to a house or a car?
Of course, i could pay for this phone in a single month, but then i wouldn’t have enough for gas or electricity for my home. Or to pay for my car, or for food or anything i might need that month.
Even the biggest companies in the world borrow to pay for things. Spreading the cost is a perfectly acceptable and legitimate way to pay for something.
I save for other things. I have my bills, and i have my savings.
Whilst i appreciate the financial advice, i would prefer a less matter of fact approach to calling me irresponsible
Personally I apply that logic to everything except a house (so I hopefully can afford a house one day)
Sorry if it came across rude, didn’t mean it like that
No, thats fair. I struggle to figure out when so.eone is being confrontational even irl.
I think its a good standpoint to have, saving to buy is a good way to stay out of debt. The only downside is when it comes to buying a house, if you dont have a credit history, then you might fail the credit checks because theres no proof you can stick to repayments.
Things like phone contracts and bills help with that. It may even be worth getting a credit card to pay for groceries and then paying back the credit card with your wages each month, with the money you would have spent on groceries anyway, just to build your credit score.
I dont use saving on phones. I use them on car and house repairs. On my kids clothes etc.
But you do you, and I’ll do me. Im managing just fine and im not poor (at least not relative to other people in my circles) (obviously most people are poor, its all about perspective, but thats neither hear nor there)