Quote from: Strongkored on Today at 12:32:12 PM

Quote from: Fiatless on September 19, 2024, 03:37:30 PM

But I know some set of people who will always go for the new generation of phones. It is like a yearly ritual that they must buy the latest model of their phone. I have seen some go as far as buying these phones on credit because they don't have enough funds to pay. The most troubling part of it is that they are not using these phones for business or any productive activities.

It will not be a bad economic decision to reconsider and adjust our craving for these new products especially if they will not be beneficial financially.

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Around me there are people like that, whose lives are always in debt because they can't stop themselves from buying the latest version of a smartphone, and it's bought just for lifestyle, not something productive that can make money.
My smartphone is currently about 3 years old and it's still quite helpful in my work and considering buying it because it's worth replacing.

You may buy the latest smartphone every time there's a new version, as long as your economy supports it, but actually it's not that important., and even the review channels about the latest smartphones that I often watch videos of will sell smartphones that have been reviewed because it's not that important to always have the latest version, because we can save enough to make our economy better if we invest it.

Some people are indeed addicted to the latest technology, especially iPhones and Samsungs. When iPhone13 came out; some people were caught stealing just to buy the phone. People were demanding a lot from their partners just to buy the phone. Like, the urge to get the latest phone by some people is really causing harm than the good it's supposed to do.

Some people go on to say they need it for work; it has good picture quality, internet connectivity is so fast. Hmm, in my opinion, getting a good phone is all you need; you don't have to get the latest one.

But yeah, some people are addicted to the latest technology. If you have enough budget for it, like you can comfortably get this phone and not be in debt or neglect your duties, maybe as a partner or even to yourself, properly feeding and all that, then you can go ahead and get it. It's your choice; I mean, it's your money.

Not everybody will buy the idea of saving for the economy because a lot of people are like, the government is supposed to do more in stabilizing the economy and making the citizens financially stable. So why would they use their personal money to do all that?

So if you are very comfortable and financially buoyant and you can afford it, fine. But the one I don't see sense in is having to beg, borrow, steal to get this latest technology. These companies are only doing their business, getting the latest tech in the market and promoting it; they are just about their business. It is the individuals that will not caution themselves that have the issue here.