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    3. iPhone: I Don't Think So»

    iPhone: I Don't Think So

    Nichelle Stephens
    FinanceLegacy

    I don’t have an iPhone. I can’t afford it, and I am pretty sure many of you who are thinking about buying one with their stimulus check

    can’t afford it either.Why? Because having an iPhone usually means your monthly mobile phone will increase. These days, wireless service is a utility like electricity or

    gas. What if your electricity bill doubled and not just during the summer

    with the AC runs all the time? You would contract the customer service

    rep and scream bloody murder! However when people buy an iPhone and

    their wireless bill doubles or triples, then most will grin and bear it

    because having a iPhone is cool. The coolness factor is trumping common

    sense for many. Yes, I would love to have one. It almost seems to be

    worth it with the ease of getting online, answering emails quickly and twittering

    to your heart’s content. But being bleeding edge can bite you in the

    ass and in your wallet. Spend your stimulus check elsewhere, but

    surround yourself with friends who will get an iPhone so that you can

    look up that new restaurant without dialing 4-1-1 or GOOGL.:)

    Two cool ways to spend the stimulus check that are good for your business.

    • Host an old-fashioned ice cream social at your office. (Invite clients; it's a business expense)
    • Donate to your someone you know who is doing a walkathon and cheer them on. (Charitable contributions are a great tax deduction)

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    Profile: Nichelle Stephens

    Nichelle Stephens has attended two universities, attained one degree in accounting, worked for two Big 4 firms, one major retailer and has lived in 4 cities. She knows numbers!

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