Ways on How to Afford an iPhone

Whether it is in Southeast Asia or other parts of the world, each year, Apple throws us for a loop by releasing a new version of the iPhone, and many of us instantly begin desiring and lobbying for this upgrade. As it happens, the iPhone is one of the most sought-after mobile phones on the market today.

Unfortunately, the high cost of being so special is reflected in the item's exclusivity.

While the price tag may be steep, Apple loyalists have never been deterred from making the investment in a better quality of life with a smartphone that will last them for years. There are, after all, a variety of methods to save money for an iPhone.

How to Afford an iPhone Now

There are a number of methods to save up and afford an iPhone, whether you want the latest iPhone model which is the iPhone 14 or iPhone XR, or its previous generation like the iPhone 13 or iPhone 12. We outlined them below to help you in making a well-informed selection.

1. Upgrade to a postpaid plan

Applying for a postpaid plan with your service provider is one option for financing your new iPhone purchase. For a set monthly subscription, you may acquire a brand new iPhone along with access to the network's services. Most agreements with a "lock-in" period have a duration of 24 months.

Some of the good things that you can enjoy in a postpaid plan are that occasionally, network providers may throw in some freebies or value-added services as part of their packages. Your network provider's selection of postpaid smartphones may also include older iPhone models such as iPhone 13 mini or that Apple has since discontinued, giving you a more affordable option for an Apple phone.

In addition, you may be eligible for special perks, such as access to free Wi-Fi and paid memberships to online media platforms and other useful applications getting you more value for your money.

2. Save more money by purchasing an iPhone with less internal storage

The price of an iPhone is determined in part by the different configurations it has, which in turn, consists of specific storage space.

The most cost-effective approach to upgrade to the latest iPhone is to have less extra storage space. So if you're worried about how much money to pay for one, go no further than the entry-level storage options. The smallest iPhone has 64GB of storage capacity with the iPhone SE, while most have 128GB or more.

Again, monthly payments on apple products with smaller internal storage would be lesser but you can still get the same features.

3. Spending money on other iPhone old models

A previous version will do as well. When a new Apple product is introduced, the price of the preceding model often drops. Old and new models aren't too different, so this isn't a terrible choice. Since iPhones are built to last, it seems to reason that they would continue to function for a long time.

For Apple's older model of iPhone, the newest iOS may still be used by some of them. With this, you get to try out all the cool new software support features that come standard on the most recent models. As a matter of fact, older models, notably those from iPhone 11 and higher like iPhone 13 mini, have designs that are still viable in the present day.

4. Join an iPhone trade-in promo

You may trade in your old iPhone for store credit at a number of authorized Apple dealers around the nation. The aforementioned credits may then be used when paying for the purchase of a new Apple product. Now all that's left is for you to pay is the remaining balance, saving you some extra money for iPhone's newest models and latest version.

The Power Mac Center, the Apple Store, and the Switch all often have these kinds of old phone trade-in programs. Make sure to subscribe to their weekly newsletter to get updated about it.

5. Buy refurbished iPhones

A previously-owned iPhone is a fantastic compromise for those who want one but can't quite afford its latest models. You may either purchase it from someone you know personally, or you can utilize a website like Carousell or Facebook Marketplace to purchase a previously owned iPhone. Since it is a used phone, you may bargain for a much lower price.

Another option is to purchase refurbished iPhone. Used gadgets that have been refurbished have had any necessary parts replaced and have been cleaned and tested. They could even have a fresh battery installed. Typically, operating system upgrades have also been applied for this type of iPhone.

Before deciding to buy any used or refurbished iPhone, it is crucial that you do a comprehensive check of the device first and ask any pertinent questions before making a final purchase.

6. Apply as a Lumina Seller

Another way to afford an iPhone is to join a lucrative career like being a real estate sales agent.

Lumina Homes, one of the most trusted housing segments in the Philippines, employs real estate agents to market and sell their affordable house and lot for sale in over 50 project sites around the country.

All our house and lot in the Philippines are located in key cities and municipalities and near to almost everything, making all of our units salable. This can give you a greater chance to save up money and achieve your most desirable iPhone model unit.

7. Be a Lumina Affiliate

Another strategy to help you out in acquiring your dream iPhone is to have a side hustle. Aside from your regular day job, your part-time work, like being a Real Estate Affiliate Marketer, can help you to earn that extra amount of money that you need to buy the base model of iPhone plus the add-ons that you need for your new phone.

You can join our Lumina Affiliate Program and earn extra cash through Affiliate Link which let you gain additional income by posting links on your social media account. Another way to join Lumina Affiliate Program is through Affiliate Code in which you will use a unique code that you can share to your followers. This code will give them discounts upon reservation and will let you earn every time they use it.

8. Start saving money and buy it in cash

Putting money aside over time may be the best option for buying an iPhone. Of course, this is a lot less of a challenge if your income is substantial. In any other case, you'll need to train yourself to be disciplined.

It's smart to put money aside in a special savings account or a piggy bank just for a large purchase like an iPhone. If you put aside money for a new electronic device at the same time as your emergency fund, you may wind up squandering the latter. Spend less time saving and more time using the gadget by setting aside some more funds in addition to the ones you are currently putting away.

An Alternative Long-Term Investment for Your Hard-Earned Money

Buying an iPhone is a great accomplishment for some of us but if you are aiming to get long-term security and economic stability, buying an iPhone might not be the best investment for you.

You can resort to mutual funds or acquire an affordable house and lot that you can convert into your own personal residence or as a rent-out space. In this light, Lumina Homes will be one of your best choices.

A perfect rent-out space since is located near tourist spots and commercial hubs all over the country that can give convenience and accessibility to its residents and future homeowners.

Be smart. Be practical. Get a long-term investment that can be passed on to future generations with Lumina Homes.