We can’t control what others do and we can’t stop misfortune from striking. But we can control our own actions. Those who are financially prudent will most likely enjoy success, even if events don’t always go their way.
More than 1 in 5 Americans think the new iPhone is worth going into debt, according to the personal-finance website WalletHub’s 2023 iPhone Survey, released today. To help people save money on their cell phone bills, WalletHub has also produced a handy Cell Phone Savings Calculator, which crunches the numbers on whether it’s better to buy a phone upfront or pay in installments, and much more.
Oh those bills
Please find additional highlights below, along with a Q&A with a WalletHub analyst.
Key stats:
Immediate upgrades: Nearly 2 in 5 Americans say they plan on purchasing the new iPhone launching this year.
Installments vs. single purchases: Nearly 2 in 5 Americans think it’s better to buy a cell phone in installments.
Rich or wasteful? : More than 1 in 3 Americans would categorize someone who always has the newest iPhone as wasteful, while 21% think of them as rich.
Budget carriers look appealing: 60% of Americans are willing to try a budget cell phone carrier.
Big company, small taxes: More than half of Americans say that Apple does not pay enough in taxes.
Discontent with credit checks: Almost half of consumers don’t think it’s fair that cell phone carriers check your credit score.
Any questions on why folks live “paycheck to paycheck?”
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