Why do so many people assume they know better about their finances than the people actually in dire financial straits?
Let’s first address the myth of the £60 second hand smartphone. I’ve just spent a few minutes searching refurbed smartphones on giffgaff. The only ones coming in anywhere close to £100 (none were less than that) were iPhone 6s. But the iPhone 6 is no longer supported by Apple, meaning 1) it’s likely to be glitchy and 2) it’s vulnerable to being hacked. That means you have to make the choice between paying around £119 for an insecure, glitchy phone, or picking a newer model and paying closer to £300-£500. You could also try a private seller to see if you can get it cheaper, but there’s clearly a risk in buying an unreburfished phone from a non-verified source - you’ve got no idea of the authenticity, of how it’s been treated, of whether parts have been replaced with dodgy alternatives.
Is it really so hard for you to see why people go for a new phone on a contract when the alternative is a chunky upfront cost for something which may already be obsolete, or has the potential to shortly become so?
There is no doubt it costs more in the long term to buy a new phone on a contract. But it is genuinely the only option for someone who doesn’t have hundreds of pounds to pay for a new or second hand phone. Some of you clearly can’t imagine what it’s like to not be in the position to draw on £300 as and when required, but it’s the reality for a lot of people.
I’ve also seen a lot of posters ask why some people have the newest model of iPhone but live in tiny council houses etc. This is just another stupid variation of ‘it millennials stopped eating avocado toast they could get on the property ladder’.
For some people, it doesn’t matter how much they scrimp and save - they will never be able to buy a house. It’s not uncommon. So what’s the point in depriving yourself of a luxury you can afford, like a smartphone, when it isn’t actually the thing preventing you from buying property?
The idea that there are thousands of people in this country unable to buy basic necessities like food but spunking money up the wall on iPhones is just ignorant stereotyping. For the overwhelming majority, a smartphone is genuinely essential to enable people to live their lives in the digital age without huge inconvenience, expense and wasted time looking for alternatives, and for most people the easiest and most affordable (‘most affordable’ does NOT mean ‘cheapest’) way to access this is by buying a new phone on a contract.