Excerpt:
"Should you sign up to a new plan with all the trimmings or just drop a chunk of cash right down for your next new phone? Let's see which one is best for you!
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"Should you sign up to a new plan with all the trimmings or just drop a chunk of cash right down for your next new phone? Let's see which one is best for you!
In the past, buying a mobile phone was a straightforward affair where you went to your local telecommunications shop, handed over some money and got your phone with its usual extra bits like a warranty, charger and cable.
These days, you’ll be able to buy your mobile phone under a contract with a telecommunications service provider. If you’re wondering how buying a phone via a contract fares compared to buying it the conventional way, here are the details:
Contract Purchase
What is A Contract Phone?
A mobile phone bought under a contract involves an arrangement with a telecommunications company where you’re given a phone, but have to pay a fixed amount of installments throughout your contract period, which is usually 12 or 24 months.
Additionally, you’ll be given a monthly package of calls, texts and mobile internet data. There are usually several types of packages available to go with your phone that you can choose from, with special features like extra call time, cheaper texts, cheaper international coverage and the like.
What Are The Advantages? ...
What Are The Disadvantages? ...
Cash Purchase
What Does Buying Cash Mean?
What's the difference? You pay for the contract phone with cash too, right? What we mean here when we say 'cash purchase' is when we buy the phone by itself, without tying it down to a carrier, mobile plan, or anything else. This means paying only the retail price and nothing else.
What Are The Advantages? ...
What About Disadvantages? ... "
Rest of article: https://ringgitplus.com/en/blog/Budgeting-Saving/Contract-vs-Cash-Which-is-the-Better-Way-to-Buy-Your-Next-Phone.html
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