(VIDEO) Drowning in Debt? You Don't Need the Newest, Most Expensive Cell Phone

If you're trying to save money or get out of debt, this is not the time to buy a new or expensive cell phone. First, there's a very good chance you don't need a new phone. Second, you can save a ton of money by waiting for this year's models to depreciate to help you save money on your next phone. While there was a time when phones were drastically different year over year, that time isn't now. Phones aren't that different every year. They take pictures, send texts, connect to WiFi check email, and have apps. That has been the case for a while, and it will continue to be the case for a long time. Whether you're looking at the latest iPhone, Samsung Galaxy, or even a Sony or OnePlus, in this video, I show you a few reasons why you shouldn't be one of those people who buys a brand new phone, or even worse, gets one on a device payment plan.

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