Saving, investing and making money with technology

4 Ways To Save Money On Technology

Anyone who’s ever invested in an expensive laptop knows how much it can cost for new technology. Rarely does anything cost under a few hundred dollars regardless of what kind of electronics you’re looking to buy.

It doesn’t have to put you into massive debt, however.  You can buy perfectly good technology without breaking the bank by simply knowing a few strategies while shopping around.

When it comes to the best ways to save a few bucks on technology, here are the ones that you’ll find most effective.

Buy Refurbished

Often people are nervous when they see the word “refurbished” on a product that they’re looking to buy.  They assume that it means it’s been broken. People who are afraid of downgrading on technology are often too scared to take the risk.  However, it’s often one of the best ways to save a few hundred dollars on a great machine.

Whether it’s a laptop or a cell phone, you can find great deals out there which won’t put you out as much money.  You can often save as much as half of the total price by looking for a refurbished model.

Make sure to ask about which refurbished options are available at whichever store you’re looking to purchase from.  They’ll usually be happy to show you the models that they have available.

Buy Older Models

Often people feel pressured to buy the latest and greatest models which are out there.  However, you can find perfectly great machines which have been on the market for a while.  

If it’s used, just make sure that you purchase from a reputable source or certified vendor.  Otherwise, you could be putting yourself at risk for getting a sour deal on a machine which hasn’t been tested properly.

Don’t Buy The Extended Warranty

Often stores want to convince you to buy the extended warranty on a product which can be a few hundred dollars extra. Not only does this significantly increase your total cost, but it’s often not even worth it.

If you’re someone who takes good care of your things, then you should consider skipping it and taking your chances.  However, if you’re someone who is notorious for breaking things, then you may not want to take the gamble.

Go For Quality Over Price

Don’t always assume that a high price means good quality.  Often people splurge on buying the latest and greatest product which has the biggest price tag because they get suckered into marketing.

Sometimes you can find a great product which is far superior to its competitors which have a much higher price. Be sure to do your own research on customer reviews and performance specs rather than relying on the price associated with it.

Anna Johansson

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