Singaporeans love their smartphones. In fact, the smartphone penetration rate in the country is already at 150%, an extremely high number that suggests an average person carried about 1.5 smartphone with him. Not only that, Singaporeans spend a lot of time and money on these devices. For example, a study from 2017 found that Singaporeans spend over 12 hours on smart devices per day, while devices and mobile plans themselves can cost over a thousand dollars per year each. Given the significance of this technology in everyone's life, smartphones also represent a potential source of big gains and savings. Here, dis cuss 6 ways you are overspending on your smartphone to help you minimise mistakes you can easily avoid.
Paying for Your Phone Upfront
Back in the days, consumers had to pay the full price of a phone upfront or pay a rather large monthly payment for their plans ......