3 Tips for Saving on Your Favorite Tech Gadgets

A person using a calculator to get tips for saving.
A person using a calculator to get tips for saving.

Estimated reading time: 4 minutes

There are so many new gadgets on the market these days, but all of that technology can come at a hefty price. In fact, just last year approximately $2 trillion was spent on technology products globally. The good news is that you can find high-quality technology without overpaying. Let’s take a look at some of the top tricks and tips you can use to shop for affordable devices through various platforms.

Determine Your Needs

Believe it or not, but you can find high-quality tech without overpaying by first understanding key details about the product and what you’ll be using it for. For example, if you’re looking to purchase a new smartphone or tablet equipped with the best mobile processors, you’ll want to decide how fast you want your network connectivity to be. From 4G LTE to non LTE, it’s important to know the differences because speeds and pricing vary depending on the type of connectivity you’re looking for. Let’s say you are constantly downloading data, browsing the web and toggling between apps, then 4G LTE is definitely the way to go. 4G LTE is the fastest connection for wireless networks, delivering the best speeds and performance available. However, if you’re not glued to your smartphone or tablet and you only like to occasionally stream videos or download smaller amounts of data then most likely you’ll want to opt for the slightly slower 4G network. That way, you can avoid paying more for a faster network if you don’t actually need it. Be sure to be realistic about how often you’re going to actually be using your tech gadgets so that you get the best return on your investment.

Patience is Key

You may not be able to resist being the first to purchase the latest gadgets before they come out, but waiting a little longer could save you some big bucks in the end. If you’ve been keeping an eye out on some the newest smart TVs on the market, then you know that your dream TV may not come at such a dream price. Smart TVs usually cost a couple hundred of dollars more than regular TVs because they are integrated with wireless internet and built-in apps that allow you to stream services like Netflix, browse the web and connect with other smart home devices. However, there are certain times of the year where you can find the best deals on smart TVs, like during football season. You already know that the Super Bowl is the biggest football game of the year, and so do retailers. Most TV retailers will offer special football-inspired sales from January to February, just after the holiday season and just before the big game. Another great time to save on that new smart TV is to wait a year. That’s right, once the latest TV hits the market the previous year’s version is sure to go on sale. So if you’re patient enough, you can still get a great a piece of technology at a much more reasonable price.

Consider Buying Refurbished

Another key tip for purchasing the best tech gadgets is to buy them refurbished. Many people associate the term “refurbished” with old or used. However, a refurbished item could simply just mean that it was purchased and returned, without even being opened! The product is then tested, repaired if needed and repackaged and a significantly discounted priced. You can buy refurbished computers, TVs, smartphones, and more for up to 50 percent of the original price. This means that you still get the best quality technology for half the price.

Technology is expensive, but you don’t have to burn a hole in your pocket to have it. Keep these three things in mind before you buy your next gadget to save yourself time and money in the long run.

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About Annabel Johnson

Part time gamer, reviewer and blogger. Full time geek and tech expert!

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