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 3.93%  0.22 4.15%
15 year fixed 3.03%  0.09 3.12%
5/1 ARM 3.27%  0.08 3.19%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.32%  0.02 4.30%
50K FICO-based HELOC 4.06% --0.00 4.06%
100K FICO-based HELOC 3.92%  0.01 3.91%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.81% --0.00 2.81%
48 month used car loan 3.04% --0.00 3.04%
60 month new car loan 3.24% --0.00 3.24%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 1.00%  0.02 0.98%
2 Year CD 1.19%  0.02 1.17%
5 Year CD 1.85% --0.01 1.86%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.73%  0.02 15.75%
Cash Back Cards 16.43%  0.02 16.45%
Low Interest Cards 10.98%  0.02 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