It's pretty clear the original poster has eyes bigger than his pocket book and with his reasoning will always be tight on money. That's obvious.
What is not so obvious is the guys who jump in here and brag about just buying the darn thing at full price and avoiding a contract. That only makes sense if you get some credit on your bill for owning the phone rather than having the carrier subsidize it. You don't, you pay the same either way. I understand the carriers love you, but why do you just shovel money in their pockets? You can always buy out after a year for $250 (at least on ATT) if you choose.
If the carrier subsidy is $400 then you are paying about $17 a month in repaying subsidy (ignoring the complications of interest, fees etc.) or about $200 paid in the first year. If you buy the phone outright you still pay the $17 and it goes into the carriers pocket. If you keep the purchased phone to full term, you pay for it twice. If in the worst case you switch at 12 months you pay a $50 premium for doing so. In a couple of more months the premium disappears and it becomes a wash. As long as the carrier gives you no credit for buying the phone, then you shouldn't buy the phone.
So while the first guy is truly messed up, I'm not sure the braggers are any better off in their logic. It's called unconscious incompetence or as Rumsfeld said not knowing what you don't know.
What is not so obvious is the guys who jump in here and brag about just buying the darn thing at full price and avoiding a contract. That only makes sense if you get some credit on your bill for owning the phone rather than having the carrier subsidize it. You don't, you pay the same either way. I understand the carriers love you, but why do you just shovel money in their pockets? You can always buy out after a year for $250 (at least on ATT) if you choose.
If the carrier subsidy is $400 then you are paying about $17 a month in repaying subsidy (ignoring the complications of interest, fees etc.) or about $200 paid in the first year. If you buy the phone outright you still pay the $17 and it goes into the carriers pocket. If you keep the purchased phone to full term, you pay for it twice. If in the worst case you switch at 12 months you pay a $50 premium for doing so. In a couple of more months the premium disappears and it becomes a wash. As long as the carrier gives you no credit for buying the phone, then you shouldn't buy the phone.
So while the first guy is truly messed up, I'm not sure the braggers are any better off in their logic. It's called unconscious incompetence or as Rumsfeld said not knowing what you don't know.