Frugal

In 2017 my employer gave me £1150 to buy my own iPhone X for work. I knew I would not be working there forever and decided to start saving £10 per month in monthly saver accounts, 2 years later I left the company and they didn’t want the phone back as it was too old. Yay!

I continued saving every month in accounts ranging from ~4-8% interest and my most recent monthly saver just matured and my fund has reached £1121.64

I’ve also been really savvy with my mobile plans over the last 5 years, my current monthly charge is £6 but has been as low as £3, and has absolutely been less than £5 on average. So my mobile phone costs have been on average £15pm.

The iPhoneX is not getting software/security updates anymore, but there is nothing really worth having in this years upgrade:

• 120hz vs. 120hz with ProMotion
• MagSafe - meh!
• 12MP vs. 48MP camera with better low light
• 4G vs. 5G - but HD video streaming works perfectly on 4G.

Do I keep saving and ignore the upgrade again? Or am I silly for running a phone with no security updates because I’m not that interested in a better camera?

Either way I thought my little-by-little saving to get something nice and a little extravagant was worth sharing. The number of people with £50-£60 phone contracts is crazy.