How Many Buying the X but Really Cant Afford it?

[pat500000]

probably more than we want to know. Seeing that 69% of Americans have less than 1,000 in their savings account and 34% have ZERO savings

https://www.fool.com/investing/2016/09/25/how-much-does-the-average-american-have-in-their-s.aspx

I guess some people are going to look down on those poor saps, huh?
They can buy whatever, but it’s their lives. Without having sufficient retirement funds....well...they gotta work.
[doublepost=1508784614][/doublepost]

Technically, that is everyone who buys it. Nobody needs animted emojis and an OLED screen.

I do...i need to feel good about myself by starting at the phone and make werid facial guestures.

 

[haqsha23]

LOL at calling someone a “troll” in your troll post. I’ve never seen a “corporate lawyer” make so many grammatical errors, so if you’re really a “corporate lawyer” then I’m the new frontman for TTH.
I actually think that the point of this thread was to give OP a forum to act smug toward people. In reality, your going to be paying a lot more for your Canadien iPhone X than most of the people in this forum will be paying for theirs, so no sh*t it’s a luxury to you from your perspective. For the rest of us, it’s just another expensive phone.

TRIGGERED

thanks for the laugh, and yes, I'm not spell checking my posts. It is a reflection of my abilities and I must be a terrible lawyer (sarcasm level 9000x). I find it hilarious that people are actually getting angry/upset at this thread. Some Apple sheep really do have rocks for brains.

 

[dukebound85]

I guess some people are going to look down on those poor saps, huh?
They can buy whatever, but it’s their lives. Without having sufficient retirement funds....well...they gotta work.

Why not? Everyone is capable to be fiscally smart with the resources they have.

Though it won't matter in the end as the majority of those who are not fiscally smart will get bailed out *eventually* and bring everyone down with them to pay for their mistakes.*

Recent examples - bank/mortgage company and car manufacturer bail outs, current student loan forgiveness movement, future health care crisis

 

[Strelok]

I was talking about the United States which will be a thing by the end of the year. For 1,000 yes I expected to have it. That way we don't see 3G speeds when Networks are congested

Sure. Let me know on December 31st how far the carriers are rolling that out.

Also, unless I missed something you won't be missing anything except the peak speeds. So instead of 1Gbit/s you get 600Mbit/s. Oh noes.

 

[IGotOne]

Or in some cases, you get reward points or cash back. You also get additional warranty on some cards. Why bother dignifying the OP by responding?

Or in some (probably many) people that couldn't pay cash otherwise use those as cover to buy things anyway. Look, I am NOT passing judgment, but if you don't think that's happening all the time, I can't express how naïve that is.

Credit card companies KNOW people will rationalize what a great "deal" they're getting (whether it's "points", or 0% for 18 months, or even extended warranties) and sure, there are people that "work the system" for their benefit, but there are just as many (probably far more) that use those "perks" as reasons for making a purchase they couldn't otherwise pay cash for.

I don't care what other people do as long as it doesn't negatively affect me. I am of the mindset that if I don't have cash in the bank to pay something off in FULL at any time, I shouldn't be buying it, no matter how great the perk on my card is. Statistics show that at least half of the population has less than $1000 in the bank, so statistically speaking, those people couldn't be in the "just working the system" category.

Credit card companies are smart. They know people feel better spending beyond their means if they can justify it.

Maybe a small percentage use them to their advantage, but the vast majority are the ones being used. It's why it's a billion dollar industry... very few pay off their balance each month...

 

[Damon2]

Putting something on a credit card doesn't mean you cannot afford something fyi.

There are perks to buy using a credit card e.g. cashback, extended warranty's amongst them.

 

[Droidbricker]

TRIGGERED

thanks for the laugh, and yes, I'm not spell checking my posts. It is a reflection of my abilities and I must be a terrible lawyer (sarcasm level 9000x). I find it hilarious that people are actually getting angry/upset at this thread. Some Apple sheep really do have rocks for brains.

If you don’t have rocks for brains than you shouldn’t need a spell checker. You should probably use yours though, and find a good grammar checker if you can find one.

 

[nasa25]

LOL at calling someone a “troll” in your troll post. I’ve never seen a “corporate lawyer” make so many grammatical errors, so if you’re really a “corporate lawyer” then I’m the new frontman for TTH.
I actually think that the point of this thread was to give OP a forum to act smug toward people. In reality, your going to be paying a lot more for your Canadien iPhone X than most of the people in this forum will be paying for theirs, so no sh*t it’s a luxury to you from your perspective. For the rest of us, it’s just another expensive phone.

Canadian

 

[ripper998]

How many of you are buying the X, but really shouldn't be? I'm not talking about people who choose to spend all of their extra (fun) income on the phone, I'm talking about the people who are putting it on a credit card, putting off paying important bills or getting other things that are much more needed? I'm a corporate lawyer and can comfortably afford the iPhone X (albeit somewhat barely). I'm also aware of carrier subsidies and layaway plans, but the point still stands as you end up paying the full price of the device one way or another.

I just have this suspicion that the hordes of people crying about how expensive it is will still, absent better judgment, fall into the Apple trap and buy one anyways and think about the consequences later.

Just as a side note, i'm not sure what the demand for the iPhone X is actually going to be. I haven't heard about anyone I know who is planning on buying this phone. And in fact, if i don't actively search out information, i don't hear about it much at all. I'm starting to think this is an Apple strategy of deliberately constricting supply to induce scarcity thus upticking demand.

WTF does it matter to you what people do with their money? Why is there a need for you to pry into someones financial well being so you can mock them? You sound like another self righteous jerk trying to pry into other peoples affairs where you dont belong. If you dont agree with the price or think its over priced, fine, bitch in the thousands of other threads on here. But dont sit here and ask people if they can and cant afford it because its not your business.

And tell me of another apple phone that can do the same thing as the iPhone x? You seem to forget that there is no other apple phone that has all the features of the X. Sure they can get an android but that screws up the whole ecosystem concept. This sounds more like a person trying to justify their own inferior purchase to others.

 

[D.T.]

I'm a corporate lawyer and can comfortably afford the iPhone X (albeit somewhat barely).

[re: bold] I've never seen the latter as a modifier to the former - in all/most cases they're mutually exclusive, i.e., either you can 'comfortably afford' an item, i.e., it's not close to your financial tolerances, there's plenty of buffer in the expense vs. your revenue - or - you can 'barely afford' something, meaning it puts a concerning stress on your available revenue.

It's like saying "Kind of pregnant ..."

 

[haqsha23]

If you don’t have rocks for brains than you shouldn’t need a spell checker. You should probably use yours though, and find a good grammar checker if you can find one.

i'm richer and have a better life than you.

I win.

 

[D.T.]

probably more than we want to know. Seeing that 69% of Americans have less than 1,000 in their savings account and 34% have ZERO savings

https://www.fool.com/investing/2016/09/25/how-much-does-the-average-american-have-in-their-s.aspx

Terrific, though horribly depressing post.

 

[haqsha23]

So i'll summarize this thread right here:

- People get angry and defensive when someone questions their idiotic decision to buy something they can't afford

Keep the comments coming, this is free entertainment for me.

 

[Droidbricker]

Canadian

Yea, in OP’s case it’s “Canadian”. I’m south of Quebec and they spell it “Canadien” there.
[doublepost=1508786233][/doublepost]

i'm richer and have a better life than you.

I win.

ITT angry poor Canadiean tries to communicate insults to people in a language similar to English. Fails. Gets triggered. Melts.

I love MacRumers.

 

[tim.engen]

Sure. Let me know on December 31st how far the carriers are rolling that out.

Also, unless I missed something you won't be missing anything except the peak speeds. So instead of 1Gbit/s you get 600Mbit/s. Oh noes.

Well yeah that's called theoretical

 

[noteple]

Outside of water air food shelter clothing I don’t need much.
But want, well that’s another story

Would also like a phaser, flying car, transporter, etc.

Fully expect to hear, what do you need that for......

 

[D.T.]

Yea, in OP’s case it’s “Canadian”. I’m south of Quebec and they spell it “Canadien” there.

How's it going up there? Figured this would be more interesting than the original thread

 

[44267547]

i'm richer and have a better life than you

Keep the comments coming, this is free entertainment for me.

You're quotes above are indicative that you're really not after substantial discussion, when you're actually being dismissive of other individuals points in this thread and you're suggesting that your view points trump everybody else's. When in fact, that's not reality. Reality is, everybody will buy something based on what they want, rather they can afford it or not, is not entirely a one sided argument.

There are many different ways of how somebody can afford something or not. But if somebody makes an expensive purchase, they should consider their debt to income ratio.

But reading through these posts on here, you seem to be more unsupportive of the iPhone X and why others shouldn't want this phone based on how you keep chastising it with quotes like "The iphone X does nothing that other, cheaper phones can't do."

Not everybody shares your viewpoints about iPhone X and some look forward to purchasing this device contrary to what you believe the iPhone X does "nothing" that other cheap phones can't do. That's not exactly accurate at all.

 

[Scarpad]

How many of you are buying the X, but really shouldn't be? I'm not talking about people who choose to spend all of their extra (fun) income on the phone, I'm talking about the people who are putting it on a credit card, putting off paying important bills or getting other things that are much more needed? I'm a corporate lawyer and can comfortably afford the iPhone X (albeit somewhat barely). I'm also aware of carrier subsidies and layaway plans, but the point still stands as you end up paying the full price of the device one way or another.

I just have this suspicion that the hordes of people crying about how expensive it is will still, absent better judgment, fall into the Apple trap and buy one anyways and think about the consequences later.

Just as a side note, i'm not sure what the demand for the iPhone X is actually going to be. I haven't heard about anyone I know who is planning on buying this phone. And in fact, if i don't actively search out information, i don't hear about it much at all. I'm starting to think this is an Apple strategy of deliberately constricting supply to induce scarcity thus upticking demand.

I've devided to go with the Xe

 

[jhearty99]

I’m late and looking for a good CC to sign up for. Which one are you using?

I have 2 cards for rewards but there are obviously a ton you could choose from based on whether you prefer airline miles or cashback or something like that.

I have a Discover IT card which gives 1% back for everything along with 5% back on certain categories which changes every 3 months (ex. 5% cashback on gas Jan - Mar, 5% cashback at restaurants Apr - June). They also have a discover deals section which gives you additional cashback at different stores online. They also double your first years cashback.

I also have an Amex Blue Cash Everyday card which gives 3% at grocery stores, 2% cashback at department stores and Gas stations, and 1% on everything else. They also have specific offers that pop up (ex. spend $50 at WalMart and get a $15 statement credit).

Both have no annual fee and I pay the balance in full each month.

 

[Billburns]

I’ll say more than half of actual iPhone owners can’t outright afford their phone.

That’s why everyone has an iPhone now, they just pay it off monthly or lease it

 

[Droidbricker]

I have 2 cards for rewards but there are obviously a ton you could choose from based on whether you prefer airline miles or cashback or something like that.

I have a Discover IT card which gives 1% back for everything along with 5% back on certain categories which changes every 3 months (ex. 5% cashback on gas Jan - Mar, 5% cashback at restaurants Apr - June). They also have a discover deals section which gives you additional cashback at different stores online. They also double your first years cashback.

I also have an Amex Blue Cash Everyday card which gives 3% at grocery stores, 2% cashback at department stores and Gas stations, and 1% on everything else.

Both have no annual fee and I pay the balance in full each month.

Amex BCE here too! Also, don’t forget sites like Ebates, a lot of times I get more cash back through them than I do from my CC.

 

[jhearty99]

Amex BCE here too! Also, don’t forget sites like Ebates, a lot of times I get more cash back through them than I do from my CC.

Yup, I use eBates as well! lol

 

[eyeseeyou]

Amex BCE here too! Also, don’t forget sites like Ebates, a lot of times I get more cash back through them than I do from my CC.

I need to examine my Ebates account. I’d say over 90% of my purchases online are linked to Ebates and haven’t really seen any cash back.

 

[noobinator]

How Many Buying the X but Really Cant Afford it?

*raises hand*