Comments on: Personal Finance and the iPhone Affect http://toughmoneylove.com/2010/06/07/personal-finance-iphone-affect/ The Hard Truth about Money and Personal Finance Tue, 31 Jan 2012 13:37:18 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: MasterPo http://toughmoneylove.com/2010/06/07/personal-finance-iphone-affect/comment-page-1/#comment-8029 MasterPo Thu, 10 Jun 2010 05:15:51 +0000 http://toughmoneylove.com/?p=5603#comment-8029 Iphone deinately has some good apps BUT can also be a *MAJOR* time-sinkhole!! For someone who can use the apps productively for business it may be worth it. And there are some useful personal apps too. But I have no immediate craving to get one. Someday probably (or something similar, maybe a Droid). But I'm in no rush. I have a LG Envy now that I use 90% for texting. Does all I need it to do right now. Iphone deinately has some good apps BUT can also be a *MAJOR* time-sinkhole!!

For someone who can use the apps productively for business it may be worth it. And there are some useful personal apps too. But I have no immediate craving to get one. Someday probably (or something similar, maybe a Droid). But I’m in no rush.

I have a LG Envy now that I use 90% for texting. Does all I need it to do right now.

]]> By: Lauren http://toughmoneylove.com/2010/06/07/personal-finance-iphone-affect/comment-page-1/#comment-8028 Lauren Wed, 09 Jun 2010 17:14:29 +0000 http://toughmoneylove.com/?p=5603#comment-8028 it's just not with i-phones but other smart phones. The price to have the phone month to month is astronomical... don't even talk to me about getting a family plan. If that is how someone wants to reward themselves, that's fine. However, they need to consider what percentage of their income is actually going to pay for that device. They also need to ask themselves what they're going to do in 6 months when the upgrade comes out. Plus, when you get stuck paying those monthly plans and one month you can't make the whole payment, what are you going to do? the problem I have is that a lot of jobs require that you have access to your email 24/7. work, for some people, isn't just 9-5 anymore. So a simple text/talk plan doesn't work for those people. Great post! it’s just not with i-phones but other smart phones. The price to have the phone month to month is astronomical… don’t even talk to me about getting a family plan.

If that is how someone wants to reward themselves, that’s fine. However, they need to consider what percentage of their income is actually going to pay for that device. They also need to ask themselves what they’re going to do in 6 months when the upgrade comes out. Plus, when you get stuck paying those monthly plans and one month you can’t make the whole payment, what are you going to do?

the problem I have is that a lot of jobs require that you have access to your email 24/7. work, for some people, isn’t just 9-5 anymore. So a simple text/talk plan doesn’t work for those people.

Great post!

]]> By: Mr. ToughMoneyLove http://toughmoneylove.com/2010/06/07/personal-finance-iphone-affect/comment-page-1/#comment-8010 Mr. ToughMoneyLove Tue, 08 Jun 2010 18:01:29 +0000 http://toughmoneylove.com/?p=5603#comment-8010 This has nothing to do with age. Technology can be a wonder when it doesn't waste time or money. I own and use lots of technology, probably more than most folks. Technology is my business. I no longer have the need or desire to carry it in my pocket 24/7. I have three 20-something sons, each of whom has rejected fully loaded cell phones for the same reasons. "Neat" technology is just that, neat. It doesn't mean its productive or worth the constant upgrades or a monthly data plan from AT&T. If an iPhone is a prime source of entertainment then I get that. But call it what it is, an expensive toy that you pay for month after month. This has nothing to do with age. Technology can be a wonder when it doesn’t waste time or money. I own and use lots of technology, probably more than most folks. Technology is my business. I no longer have the need or desire to carry it in my pocket 24/7. I have three 20-something sons, each of whom has rejected fully loaded cell phones for the same reasons.

“Neat” technology is just that, neat. It doesn’t mean its productive or worth the constant upgrades or a monthly data plan from AT&T. If an iPhone is a prime source of entertainment then I get that. But call it what it is, an expensive toy that you pay for month after month.

]]> By: morrison http://toughmoneylove.com/2010/06/07/personal-finance-iphone-affect/comment-page-1/#comment-8009 morrison Tue, 08 Jun 2010 17:31:03 +0000 http://toughmoneylove.com/?p=5603#comment-8009 I'm getting a 'new' iPhone for free soon. Yup. My daughter is giving me her 'old' one while she gets a new one. I think the iPhone technology is really neat. It eliminates the need for me to lug around my laptop when I travel. Plus it's a GPS and comes in handy in the city. I like the fact that I can get instant access to some questions that pop up during the day. The new iPhones have SKYPE availability in the fact that you can now talk and see the person you are talking to. My daughters' boyfriend works in Hong Kong for months at a time. Plus he is away from his own parents and siblings. It's fantastic to talk to loved ones and actually see them. Technology is a wonder. TML, you're showing your age by rejecting it. Why must you think you will look like others simply because you carry a smart phone? Can't you still be an individual and be connected? I get all my kids 'hand-me-downs'. Perfect timing because it does take me a while to get used to the innovations. And it's just another thing that keeps me on par with my children. I’m getting a ‘new’ iPhone for free soon. Yup. My daughter is giving me her ‘old’ one while she gets a new one. I think the iPhone technology is really neat. It eliminates the need for me to lug around my laptop when I travel. Plus it’s a GPS and comes in handy in the city. I like the fact that I can get instant access to some questions that pop up during the day. The new iPhones have SKYPE availability in the fact that you can now talk and see the person you are talking to. My daughters’ boyfriend works in Hong Kong for months at a time. Plus he is away from his own parents and siblings. It’s fantastic to talk to loved ones and actually see them.

Technology is a wonder.

TML, you’re showing your age by rejecting it. Why must you think you will look like others simply because you carry a smart phone? Can’t you still be an individual and be connected?

I get all my kids ‘hand-me-downs’. Perfect timing because it does take me a while to get used to the innovations. And it’s just another thing that keeps me on par with my children.

]]> By: Rick Beagle http://toughmoneylove.com/2010/06/07/personal-finance-iphone-affect/comment-page-1/#comment-7987 Rick Beagle Mon, 07 Jun 2010 15:27:14 +0000 http://toughmoneylove.com/?p=5603#comment-7987 I did not read the other blog, but if he is on sound financial ground (which it sounds like he might be) then I say get your IPhone. Regardless of what we may think of the device, a little reward for fiscal discipline isn't such a bad idea. On another note, I again repeat my oft mentioned mantra on these types of purchases, avoid the peer pressure, and get what you need. In the case of the IPhone, AT&T network issues mean that in many markets, the ability to actually place or receive a call is questionable. And don't even get me started on the new pricing plans.... Peace. Rick Beagle I did not read the other blog, but if he is on sound financial ground (which it sounds like he might be) then I say get your IPhone. Regardless of what we may think of the device, a little reward for fiscal discipline isn’t such a bad idea.

On another note, I again repeat my oft mentioned mantra on these types of purchases, avoid the peer pressure, and get what you need.

In the case of the IPhone, AT&T network issues mean that in many markets, the ability to actually place or receive a call is questionable. And don’t even get me started on the new pricing plans….

Peace.
Rick Beagle

]]> By: Melissa http://toughmoneylove.com/2010/06/07/personal-finance-iphone-affect/comment-page-1/#comment-7986 Melissa Mon, 07 Jun 2010 14:24:34 +0000 http://toughmoneylove.com/?p=5603#comment-7986 Good luck finding a decent 'Talk and Text' device. I am intending to upgrade my existing 'Talk and Text' device to another basic 'Talk and Text' device simply so I stop thinking about fancier phones with expensive plans for another two years. The problem is they are almost universally awful. They're bulky, cheap feeling and there are only a couple to choose from. They don't hold a thing to my basic, slim, low key LG. Surely there are more than just you and I who don't care to pay $30/month for the rest of our lives for a data plan and silly applications? Good luck finding a decent ‘Talk and Text’ device. I am intending to upgrade my existing ‘Talk and Text’ device to another basic ‘Talk and Text’ device simply so I stop thinking about fancier phones with expensive plans for another two years. The problem is they are almost universally awful. They’re bulky, cheap feeling and there are only a couple to choose from. They don’t hold a thing to my basic, slim, low key LG. Surely there are more than just you and I who don’t care to pay $30/month for the rest of our lives for a data plan and silly applications?

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