smart spending

6 reasons not to buy smartphone

Smart to buy a smartphone?
Smart to buy a smartphone?

Smartphones are taking over the cellphone market. As of January 2014, 58 percent of American adults had a smartphone, according to a report from the Pew Research Internet Project.

Compare banks for the best savings rates

Are smartphone holdouts behind-the-times Luddites, or are there actually good reasons to resist the siren song of technology? After all, purposely forgoing a smartphone when it's time to get a new phone is a tough sell. "I think the reasons for not getting a smartphone are getting pretty few and far between," says Scott Stein, a senior editor at CNET.com.

Is now the time to draw the line in the sand and say no to 24/7 connectivity and nearly all of the information in the world literally in your pocket? Where will it end?

Only you can decide. Here are a few considerations.

advertisement

Show Bankrate's community sharing policy
          Connect with us
MORTGAGE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed 4.12%  0.06 4.18%
15 year fixed 3.25%  0.04 3.21%
5/1 ARM 3.48%  0.16 3.32%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.30%  0.01 4.29%
50K FICO-based HELOC 4.06%  0.02 4.04%
100K FICO-based HELOC 3.91%  0.02 3.89%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.79% --0.00 2.79%
48 month used car loan 2.99% --0.00 2.99%
60 month new car loan 3.23%  0.01 3.24%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 0.97% --0.00 0.97%
2 Year CD 1.18%  0.01 1.17%
5 Year CD 1.81%  0.05 1.76%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.75% --0.00 15.75%
Cash Back Cards 16.45% --0.00 16.45%
Low Interest Cards 10.96% --0.00 10.96%
 
Next
advertisement
FRUGAL NEWSLETTER

Discover new ways to cut costs and save more every day. Reduce your spending, not life’s pleasures. Delivered weekly.

advertisement
Partner Center
advertisement

Connect with us