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5 ways you’re wasting money on tech purchases

What a year it has been for our collective wallets. Now that the holiday shopping season is underway, I bet you’re thinking about ways you can save money.

First, remember you don’t have to spend a fortune on a great gift. Here’s my guide to presents people will love under $100. If you can budget a little more, check out my best tech picks under $150.

To pass the time during the pandemic, you likely signed up for streaming subscriptions. Make sure you’re not spending hand over fist every month on “cheap” subscriptions that add up to a whole lot of money. Tap or click for insider secrets to pare down your streaming budget and still watch what you want.

Now, let’s jump into common ways you’re wasting money on consumer tech and smart ways to save next time you hit “buy.”

1. Buying everything when it’s released

Back in 2010, Apple’s annual product announcement event slogan was, “This changes everything. Again.” The change Apple really wants is in your pocket. Every year, we have new iPhones, iPads, i-this, and i-that. Frankly, the last three years’ iPhone changes weren’t worth annual upgrades.

Here’s the thing to remember. If whatever tech you are thinking about upgrading works fine, and you’re happy with it, there’s no need to buy something new. Don’t get caught up in the vicious cycle of continually upgrading.

Whether it’s a TV, laptop, phone, drone, desktop, wearable, or fill-in-the-tech-blank, there will always be something newer, better, smaller, larger, more powerful, and faster for you to buy. Give your credit card a break. It’s costly to upgrade all the time, plus it takes time and effort to switch from the old to the new.

Wondering what tech is really, truly worth the money? From smart speakers to streaming devices, we nailed down the essentials.

2. Buying used tech from who knows who

When cash is tight and you need a car, it’s wise to consider a used car with a good warranty. The same goes for previously owned consumer…

The Kim Komando Show

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