smart spending

6 reasons not to buy a 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
REFINANCE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed refi 4.12% --0.00 4.12%
15 year fixed refi 3.19%  0.03 3.16%
10 year fixed refi 3.23%  0.01 3.22%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.32% --0.00 4.32%
50K FICO-based HELOC 3.99% --0.00 3.99%
100K FICO-based HELOC 3.83% --0.00 3.83%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.80% --0.00 2.80%
48 month used car loan 3.00% --0.00 3.00%
60 month new car loan 3.17%  0.01 3.18%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 0.99% --0.01 0.98%
2 Year CD 1.20% --0.00 1.20%
5 Year CD 1.82% --0.00 1.82%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.80% --0.00 15.80%
Cash Back Cards 16.42% --0.00 16.42%
Low Interest Cards 11.09% --0.00 11.09%
 
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