Tuesday, February 9, 2016

5 Reasons Why New Gadgets Hurts you


Gadget that Hurts your Pocket

Buying New Gadget is cool because it gets you more attention and also has more features.
 It entertains more.
No wonder why many are hooked on buying one.

- sad to say though- this is one of the reason why a lot of Filipinos are poor and just living to pay bills and survive one day at a time.

...  understand why being in and being fab hurts your pocket more than winning others attention.


Learn the 5 important reasons why that Gadget you are planning to buy is not gonna do you any good.

1. Looses its value Easily
Buying a gadget now is like buying a car, once you buy and use, it looses its value 30% up.

Generally speaking, although not all gadgets are the same- try to sell that gadget you used for 3 or 6 months, nobody will buy it at the exact value you bought.

Most will bargain from you from half the price to almost 60% or even more.

Always think before you buy.

2. Newer version comes every 6 Months


Look at your favorite brand of gadget you really like.

How often do they change their gadget versions.

 Maraming beses sa isang taon. Tama ba?

 This shows how fast technology moves.

That explains why gadget companies get richer every year and you poorer naman on the other end.

... ito ay dahil marami sa atin- nauuna ang wanting to have it than prioritizing what is really needed.

That is how powerful Big tech companies are doing. They will always find  a way to make you buy their gadgets.

3. You can buy it cheaper next time around

It is wise to plan properly when you need to buy a new gadget. Delaying buying from the first release of the gadget version will help you buy it cheaper later.

Again, just buy if it is deem needed - which means if it really affects your productivity.

Look for essentials- always value usage & durability too. The longer you keep the old gadget- saves you more.

If it falls on wants and you are dying to buy it- delay buying, wait for another week or so.

Surely, you would thank yourself later-on for not buying that pricey gadget.

 Learn to control your emotions. Believe me, this will save you a lot of money.

4. No Return of Investment



'Salamat ha! Natunaw na pera ko... '

Whatever gadget you buy. Money you place into it will never return back to you.

...  unless you use that gadget for business or investment to bring in more money to your pocket.


Rationalizing is a common cause of buying gadgets.

It is when you tell yourself  "Ano ba! I can do more stuff with that thing!",

".. saves me time",

"it has more features po eh.. ",

"it has more games and entertainment".

If your sole purpose is to have an updated entertainment access then you are on a pit of draining your money.

I- delay mo please...
It is always wise to think about the effect on your future whenever you buy things.

Your actions now has a direct effect on the quality of life you are going to have later on.

I believe a lot of us would have been rich this time if we have known how to control ourselves.

Think about return of investment.

Always consider money return whenever you buy things.

This will  create more cash for you.

More cash means you can allot  more funds for more import thinks like insurance- to secure your family, emergency fund to be used on unplanned events and investments- that grows over time.


5. Learn what is Needed First


If you learn to differentiate what is important from not- you will easily identify your priorities.

Needs means they are vital for your survival- includes your daily bread- your food, your medicines, your spiritual readings to nourish yourself.

It also includes your protection- your home/ house- your family and your clothes to serve as your blanket to survive the ups and downs of life.

Your communication and transportation - your everyday passage to get things going like your mobile phone, car or public transportation depending on your needs.

We all wanted to have a happy life. But along the way we need to sacrifice now to be able to create enough money.

 This extra funds can then be used to help us bring more passive income.

Passive income means it brings in more cash without doing all the work.

Understanding them properly and make it grow through time helps you come closer to financial freedom.

Hope this helps.

Start listing your priorities today. Needs vs. wants and prioritize.

 Learn to budget properly today!.

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