Does living a “high tech” lifestyle mean “high expense”?
Ask any of the many Geezeo users who love their iPhone… technology purchases can quickly add up.
This article calls technology purchases the “utility bills of the 21st century”, and I totally agree. The biggest stress in my recent move was making sure our internet connection was set up as quickly as possible.
How does a high-tech lifestyle erode the budget? First and foremost, many technology-related costs are on a subscription basis. Most include the option of paying electronically… making the process of extracting cash from your wallet frictionless. It’s easy to forget what you are paying, and easier still to get immediate gratification with instant downloads.
To get an accurate look at all your high-tech, or other expenditures, it’s helpful to start the old-fashioned way with pen and paper. Write down every regular expense and figure out where your money is going. Then, add this information into Geezeo so you can track your progress over time.
Geezeo offers some instantaneous feedback once you begin tracking specific spending targets. You can get a variety of charts and other information at your fingertips. It’s a great way to stay focused on your budget and see results.
Ah, instant gratification… that budget buster! Good thing Geezeo is free…that leaves more money for other technology expenditures!
What are some of your technology-related indulgences?
August 18th, 2008 at 3:56 pm
[...] Speaking of technology products taking a toll on the budget… [...]
August 18th, 2008 at 4:26 pm
For some crazy reason, I have to have my text messaging on my phone. It’s an extra $30 (I think) for both my husband and I to have it on our shared family plan. But it’s worth it to me when he’s working in a construction area, and I can’t hear what he’s saying. He can text me instead. And we have unlimited, so no worries of going over on the allotted amounts. I suppose we could do without… But we choose to indulge instead.
October 27th, 2008 at 12:08 pm
[...] High-Tech Lifestyle Takes Toll on Budget The $7,000 Apple 3G iPhone Cell Phone Replacement Insurance addthis_url = [...]