10 better ways to spend money instead of buying an iPhone XS

Like every year, Apple launched its latest range of iPhones. And unsurprisingly, already unaffordable prices have touched a new high. The entry-level models of iPhone XR, XS and XS Max cost 76,900, 99,000 and 1,09,000 INR respectively. The costliest versions of iPhone XS and XS Max cost 1,34,900 and 1,44,900.

Along with the launch, iPhone has stopped the production of cheaper units including iPhone 6S and iPhone SE. This means that iPhone maker has closed all the doors for a cheaper entry into the Apple’s eco-system. You either pay through the roof or stay out of it. And I really don’t understand the logic of buying an older version of iPhone with outdated hardware just for the sake of owning an Apple product.

Such high prices for a smartphone are really justified? Especially when there are several smartphones in the market capable to deliver outstanding performance at a quarter price of iPhone. Here are 10 incredible things you can do, buy and experience instead of buying an overpriced iPhone.

#1 Trip

You can go to Goa, Dubai, Thailand, Singapore, Iceland, London, New York, and many other places. Take your pick.

#2 Bike

If you have been craving for that new bike. Now is the time. A bike is real and will stay with you for years, unlike your fancy iPhone which will get obsolete in a couple of years. From Royal Enfield to KTM – pick your choice.

#3 Down payment of your Car

This much amount of cash can easily fund the down payment of your new car.

#4 Macbook

MacBooks are a lot more value for money than iPhone. First they last longer and second, you can do more productive work including your office tasks and freelance project. So, it is always a wiser investment.

#5 World Cup Match IndvsPak

If you are a Cricket fan then it is time to plan your trip to London and watch India vs Pakistan World Cup match in Manchester on 16 June 2019.

#6 Donate

You can buy a new phone with an almost same performance at least half the price of iPhone. Donate the saved money. Fund food or education of less privileged people. There is nothing better than helping others.

#7 Buy Insurance

If you have procrastinated over the idea of buying a term insurance for long, then now is the time to put money to use. You can at least pay 10 annual premium of your term insurance worth 1 crore INR with this amount of money.

#8 Invest in SIP

If you start investing 2000 INR per month in a mutual fund for 5 years then you can get around 1,80,000 INR on your investment of 1,20,000 INR. While your iPhone’s value will depreciate to zero in 5 years. Apart from that, you will also grow a good habit of making investments to secure your future.

#9 Learn a Skill

You can use the money to enhance your professional or personal skills. From doing a certification to increase your chances of next promotion to learning to play guitar – there are a lot of options you think about.

#10 Luxury Dining

You can explore the fanciest of restaurants in the world with this amount of money. Hop on to some gourmet food and vintage wine for an everlasting experience.

 

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