I was reading articles on how many people feel the need to upgrade yearly when by most accounts, this is done out of sheer want and nothing else as past iterations tend to work just as well. Additionally, this upgrade mentality is most prevalent in the tech industry and notably cell phones. Why is is that people routinely get the latest when the "core functionality" does not really every change?
Why is this upgrade mentality not as pervasive in other sectors, such as cars, appliances, tv's, and other gadgets? Is the phone industry just that good at making people feel their latest offering is a must have and that their last gen is suddenly useless? year after year.
What does it say about our mindset?
I admit I get upgrade envy bad with every new tech release but I will also say, that once I had all my school and other debt paid off, my mindset flipped a switch where I am in a wealth accumulation mode. Back when I had massive debt and no savings was when I was most foolish and did upgrade often. The urge is still there for sure. How do you handle it? I will say that having not bought a new phone since 2010 (iPhone 4) and used craigslist ones since (a 4s when the 5s came out and a cheap 5s when the 6 came, as well as a 2008 map I am using now), the initial want to have the latest goes away after a bit and then I try to think how long I can actually use old devices until the core functionality isn't there.
I am curious to how you handle the upgrade wanting.....do you give in and do it anyways or are you able to resist? and why is is predominantly only phones?
Why is this upgrade mentality not as pervasive in other sectors, such as cars, appliances, tv's, and other gadgets? Is the phone industry just that good at making people feel their latest offering is a must have and that their last gen is suddenly useless? year after year.
What does it say about our mindset?
I admit I get upgrade envy bad with every new tech release but I will also say, that once I had all my school and other debt paid off, my mindset flipped a switch where I am in a wealth accumulation mode. Back when I had massive debt and no savings was when I was most foolish and did upgrade often. The urge is still there for sure. How do you handle it? I will say that having not bought a new phone since 2010 (iPhone 4) and used craigslist ones since (a 4s when the 5s came out and a cheap 5s when the 6 came, as well as a 2008 map I am using now), the initial want to have the latest goes away after a bit and then I try to think how long I can actually use old devices until the core functionality isn't there.
I am curious to how you handle the upgrade wanting.....do you give in and do it anyways or are you able to resist? and why is is predominantly only phones?