Would You Spend $1,000 on a Smartphone?

Would You Spend $1,000 on a Smartphone?
Have you ever stopped to think how much you would spend on a cell phone? A couple hundred? Maybe even $1,000?

Both Apple and Samsung are raising the sales prices on their upcoming releases to $1,000. The companies have said that they can justify the price increase because there are so many new features on the phones but it looks like millennials may not be buying it.

According to a recent survey polled by Coupon Follow, millennial smartphone users aren’t going to pay that. They took a look at more than 1,000 individuals between the ages of 20 and 35 in order to discover the generation’s purchasing habits. What they found may surprise you!

Smartphone Prices

If you have a smartphone it probably feels like an extension of your arm. Most people rarely go anywhere without theirs and, oftentimes, are looking at their phone pretty frequently. Millennials were around for the creation of the smartphone and have seen how far they’ve come (or haven’t).

As you may know, millennials have been singled out as a generation making some pretty good financial decisions (saving at young ages, investing early, etc.). When it comes to making decisions about a purchase, it seems like millennials are still trying to stick to a budget. Sixty-eight percent of individuals who replied to the survey said that they planned to spend $500 or less for their next phone.

If you look at Samsung users alone, 52 percent said they anticipated they would spend $300 or less on their next device. Only 14 percent of millennials said they would spend more than $700 on a smartphone. In addition to not wanting to pay more, most millennials would prefer to wait for additional discounts to purchase a new phone. About 57 percent responded saying that they would wait for discounts from the brand and 21 percent said they planned to wait on an incentive (free merchandise, etc.).

Brand Loyalty

Aside from the fact that millennials don’t really want to spend $1,000 on a smartphone, the survey found that brand loyalty amongst millennials was off the charts. Eight-nine percent of those who responded to the survey planned to purchase their next phone from their current brand (i.e. Apple, Samsung, etc.).

They won’t be willing to pay a high price for it though. Both of the largest phone companies out there (Samsung and Apple) are slating a $1,000 sale price for their upcoming devices. However, they’ll likely need to add some heavy incentives to get people 20 to 35 to even consider buying their products.

All in all, this could be a real moment of reckoning for millennials and cell phone makers. Millennials may be forced to choose between brand and budget, while Apple and Samsung may look to giving away free merchandise and discounts to get more people begin the new phones.

Personally, I wouldn’t spend $1,000 on a phone unless it was virtually indestructible. Think about it, you could make your first stock investment, start an emergency savings and even make a pretty substantial purchase for your home with $1,000. Why throw it away on a cell phone?

Would you spend $1K on a cell phone?


You may also enjoy: 


Photo: TechRadar

Conor McGregor’s Net Worth

Conor McGregor's net worth

If you’re like me you are eagerly awaiting the boxing match Saturday between undefeated boxing champion Floyd Mayweather and UFC superstar Conor McGregor. Both parties have the opportunity to make a pretty penny from the event but how much?

McGregor has been boasting for months that this single fight has given him the opportunity to double his net worth (or more) overnight. Is that true? What is Conor McGregor’s net worth and how much does he stand to gain from the upcoming fight?

About Conor McGregor

Conor McGregor is one of the most famous UFC fighters out there right now. That is because of two things: McGregor is a great fighter and he’s got an attitude to match.

McGregor was born in Dublin, Ireland in 1988. His Irish heritage has been a huge part of his career and something he’s never been ashamed of. He and his long-time girlfriend, Dee Devlin, are huge celebrities in Ireland as well. In fact, there is even a mural of them on O’Connell Street.

In 2007 McGregor got his start as an amateur fighter. Within a year he was fighting in the pro league and within another six he signed with the Ultimate Fighting Championship (UFC). Since signing with UFC, his career has exploded!

The 29-year-old fighting champion has headlined four of the six highest-earning pay-per-view fights in UFC history. In fact, his fight with Nate Diaz has been recorded as the highest-earning PPV fight ever.

Now he’s gearing up for the biggest fight of his career (and arguably the biggest fight in sporting history). On Saturday he’ll go head-to-head with Floyd “Money” Mayweather in a 12-round boxing match. It will be his highest paying gig yet. So, how will it impact Conor McGregor’s net worth?


Other readers also enjoyed: 


What is Conor McGregor’s Net Worth?

Conor McGregor's net worth Celebrity Net Worth estimates Conor McGregor’s net worth to be about $35 million (though some sources estimate it to be much higher). He earns tens of millions of dollars per fight and approximately $30 million per year.

As previously stated, McGregor has been boasting about the amount of money he’s going to make for the Mayweather fight. In fact, he stands to double his net worth in one night. Sources say that he’ll make around $75 million (and up to $150 million) if he’s able to beat the undefeated Floyd Mayweather. Either way, McGregor will be making serious cash Saturday night and he’ll be able to line up bigger endorsement deals in the future (if he wins).

No matter what the outcome is, Saturday’s fight is one of the most anticipated sporting events in history and McGregor will be remembered forever for it.

If you liked this article you may also enjoyed reading about Floyd Mayweather’s net worth approaching Saturday’s fight. 

Photos: MMA Mania and The Sun

Investing in Stocks With Little Money: You Can Do It!

investing in stocks with little money
Investing is something that has always interested me. From the time I was three years old I watched the stock market go up and down with my grandfather on television, over the phone and eventually on the internet. Watching your money work for you: what could be better than that?

Of course, investing is never a sure thing. In fact, most of my college savings were dried up in the small stock market crash in the 2000s. There are ways you can start investing in stocks with little money (and minimal risk).

Investing in Stocks With Little Money 

Before you think you have to have a ton of money to invest, think again. You can invest with as little as $20. Once you have some emergency savings put away and all of your high-interest debt paid off, you should think about investing, even if it is just a little bit. Here’s how:

How to Invest $20  

If you’re thinking that investing $20 is a waste of money, it’s not. If after you’ve paid off your debt, have money saved and paid your bills you only have $20 left over the best possible thing you could do with it is invest. Thousands of major corporations offer DRIPs Dividend Reinvestment Plans, which allow you to make an initial invest as little as $20 or $30. Making this small investment now could lead to big returns in the future.

How to Invest $100 

What if you have a bit more than $20 but not quite $1000? Well, if there’s a way to invest $20, there are always ways to invest $100 to $999 as well. One of the best ways to invest a couple hundred is an index fund. Some index funds (if they track the S&P 500 index) can lead to a 10% return each year! Your $100 could be making you hundreds in no time.

How to Invest $1000 

Have an extra $1000 or more to invest? You have a ton of options! The most obvious option is to open a discount brokerage account. If you are able to contribute to the account regularly, you’ll be able to stack up a sizable amount of cash. Keep in mind, however, that the more valuable your account is, the more fees you’ll encounter. Invest in a way that minimizes your fees.


Other readers also enjoyed: 


Other Investments You Can Make With Little Money 

You don’t necessarily need to turn to the stock market to invest your money either. There are other ways to invest with smaller amounts of money. If I was looking to invest a smaller amount of money, here’s where I would start:

  • Savings – Start a new high-yield savings account. If you’re able to find a bank account or credit union with higher interest on their savings account, apply and open one. Some of these accounts will require a higher opening account balance but most simply require $25. It is a great way to start earning interest on your cash.
  • 401K/IRA – Does your employer have a 401K? If so, have you thought about opening a 401K for yourself? Beginning investments for 401Ks are usually pretty low and you contribute out of every paycheck or as you see fit. It is a great way to prepare for retirement, invest and save all in one. Not all employers have this, however, so if you’d still like to invest in a similar platform, ask your financial advisor about ROTH IRAs. You will need more money to invest in an IRA but it will definitely pay off in the long run.
  • Acorns – Last but not least, Acorns is an app I discovered about two years ago. It allows you to invest your spare change. Similar to bank programs like “Keep the Change,” Acorns rounds your transaction up to the nearest dollar and invests your change in a diversified portfolio. The best part about Acorns is that you can tailor it to your personal needs. So, if you want to put in a recurring deposit, you can. If you want to only invest change, you can. If you’d prefer a more aggressive approach to a less risky investing style, you can tailor that as well.

Whatever you do, don’t avoid investing because you don’t have enough money. Your $20 or $30 could be making you even more cash right now so don’t wait!

Photo: Dividend Magic

Liza Koshy’s Net Worth

liza koshy's net worth
These days, just about everyone has a favorite YouTube star. For me, that person is Liza Koshy.

If you’ve seen her videos Koshy plays a comedic role on the internet. Usually her videos are just of her being goofy or putting a comedic spin on a subject. For instance, she posted a video of her reaction when she Googled her own net worth (see below) that was hysterical! So, what is Liza Koshy’s net worth?

About Liza Koshy

Liza Koshy was born and raised in Houston, Texas. She is half Indian, half caucasian and simply loves to make people laugh. Over time, she’s become one of the most popular YouTubers out there.

Koshy, better known as Lizzza, first gained her following on the social media site Vine. She had no initial interest in the app but downloaded it because some of her friends were. That is where she started posting her very first comedic videos to the web. On Vine she gathered more than 5 million fans before the site went out of business.

Like many other internet stars, however, Lizzza turned to YouTube to help her career really take off. Since joining YouTube in September 2013, she’s accrued over 11 million subscribers. She also has more than 8 million musical.ly fans and over 13 million Instagram followers.

In 2014, Lizzza went to college to study business marketing. However, she hasn’t let that stop her from continuing to make the internet laugh. So, what is Liza Koshy’s net worth?


Other readers also liked:


Liza Koshy’s Net Worth

Well, it depends on who you ask. Celebrity Net Worth has estimated Liza Koshy’s net worth to be around $4 million, which is pretty remarkable when you consider the length of her career.

Koshy was discovered by many through Vine, however, she has managed one of the fastest growing YouTube channels around. In 2016 she gained 6 million subscribers (earning her more than 10 million subscribers all together).

This has been her main source of wealth. Because her channel was able to grow so quickly and her videos go viral, Koshy was (and still is) able to capitalize on her YouTube earnings early on. Most YouTubers have to wait a few years before going viral or establishing a decent subscriber count.

Outside of her YouTube earnings, it has been announced that Lizzza will co-host the MTV series TRL, which she’ll likely make millions from (through screen time, additional gigs and endorsements). In fact, it is likely that you’ll see Liza Koshy’s net worth grow exponentially in the years to come.

Check out this hilarious video the YouTuber posted after Google “Liza Koshy’s net worth:”

Have someone you’d like us to cover? Let us know!

Photo: Famous Birthdays

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Would You Spend $1,000 on a Smartphone?

Would You Spend $1,000 on a Smartphone?
Have you ever stopped to think how much you would spend on a cell phone? A couple hundred? Maybe even $1,000?

Both Apple and Samsung are raising the sales prices on their upcoming releases to $1,000. The companies have said that they can justify the price increase because there are so many new features on the phones but it looks like millennials may not be buying it.

According to a recent survey polled by Coupon Follow, millennial smartphone users aren’t going to pay that. They took a look at more than 1,000 individuals between the ages of 20 and 35 in order to discover the generation’s purchasing habits. What they found may surprise you!

Smartphone Prices

If you have a smartphone it probably feels like an extension of your arm. Most people rarely go anywhere without theirs and, oftentimes, are looking at their phone pretty frequently. Millennials were around for the creation of the smartphone and have seen how far they’ve come (or haven’t).

As you may know, millennials have been singled out as a generation making some pretty good financial decisions (saving at young ages, investing early, etc.). When it comes to making decisions about a purchase, it seems like millennials are still trying to stick to a budget. Sixty-eight percent of individuals who replied to the survey said that they planned to spend $500 or less for their next phone.

If you look at Samsung users alone, 52 percent said they anticipated they would spend $300 or less on their next device. Only 14 percent of millennials said they would spend more than $700 on a smartphone. In addition to not wanting to pay more, most millennials would prefer to wait for additional discounts to purchase a new phone. About 57 percent responded saying that they would wait for discounts from the brand and 21 percent said they planned to wait on an incentive (free merchandise, etc.).

Brand Loyalty

Aside from the fact that millennials don’t really want to spend $1,000 on a smartphone, the survey found that brand loyalty amongst millennials was off the charts. Eight-nine percent of those who responded to the survey planned to purchase their next phone from their current brand (i.e. Apple, Samsung, etc.).

They won’t be willing to pay a high price for it though. Both of the largest phone companies out there (Samsung and Apple) are slating a $1,000 sale price for their upcoming devices. However, they’ll likely need to add some heavy incentives to get people 20 to 35 to even consider buying their products.

All in all, this could be a real moment of reckoning for millennials and cell phone makers. Millennials may be forced to choose between brand and budget, while Apple and Samsung may look to giving away free merchandise and discounts to get more people begin the new phones.

Personally, I wouldn’t spend $1,000 on a phone unless it was virtually indestructible. Think about it, you could make your first stock investment, start an emergency savings and even make a pretty substantial purchase for your home with $1,000. Why throw it away on a cell phone?

Would you spend $1K on a cell phone?


You may also enjoy: 


Photo: TechRadar

Conor McGregor’s Net Worth

Conor McGregor's net worth

If you’re like me you are eagerly awaiting the boxing match Saturday between undefeated boxing champion Floyd Mayweather and UFC superstar Conor McGregor. Both parties have the opportunity to make a pretty penny from the event but how much?

McGregor has been boasting for months that this single fight has given him the opportunity to double his net worth (or more) overnight. Is that true? What is Conor McGregor’s net worth and how much does he stand to gain from the upcoming fight?

About Conor McGregor

Conor McGregor is one of the most famous UFC fighters out there right now. That is because of two things: McGregor is a great fighter and he’s got an attitude to match.

McGregor was born in Dublin, Ireland in 1988. His Irish heritage has been a huge part of his career and something he’s never been ashamed of. He and his long-time girlfriend, Dee Devlin, are huge celebrities in Ireland as well. In fact, there is even a mural of them on O’Connell Street.

In 2007 McGregor got his start as an amateur fighter. Within a year he was fighting in the pro league and within another six he signed with the Ultimate Fighting Championship (UFC). Since signing with UFC, his career has exploded!

The 29-year-old fighting champion has headlined four of the six highest-earning pay-per-view fights in UFC history. In fact, his fight with Nate Diaz has been recorded as the highest-earning PPV fight ever.

Now he’s gearing up for the biggest fight of his career (and arguably the biggest fight in sporting history). On Saturday he’ll go head-to-head with Floyd “Money” Mayweather in a 12-round boxing match. It will be his highest paying gig yet. So, how will it impact Conor McGregor’s net worth?


Other readers also enjoyed: 


What is Conor McGregor’s Net Worth?

Conor McGregor's net worth Celebrity Net Worth estimates Conor McGregor’s net worth to be about $35 million (though some sources estimate it to be much higher). He earns tens of millions of dollars per fight and approximately $30 million per year.

As previously stated, McGregor has been boasting about the amount of money he’s going to make for the Mayweather fight. In fact, he stands to double his net worth in one night. Sources say that he’ll make around $75 million (and up to $150 million) if he’s able to beat the undefeated Floyd Mayweather. Either way, McGregor will be making serious cash Saturday night and he’ll be able to line up bigger endorsement deals in the future (if he wins).

No matter what the outcome is, Saturday’s fight is one of the most anticipated sporting events in history and McGregor will be remembered forever for it.

If you liked this article you may also enjoyed reading about Floyd Mayweather’s net worth approaching Saturday’s fight. 

Photos: MMA Mania and The Sun

Investing in Stocks With Little Money: You Can Do It!

investing in stocks with little money
Investing is something that has always interested me. From the time I was three years old I watched the stock market go up and down with my grandfather on television, over the phone and eventually on the internet. Watching your money work for you: what could be better than that?

Of course, investing is never a sure thing. In fact, most of my college savings were dried up in the small stock market crash in the 2000s. There are ways you can start investing in stocks with little money (and minimal risk).

Investing in Stocks With Little Money 

Before you think you have to have a ton of money to invest, think again. You can invest with as little as $20. Once you have some emergency savings put away and all of your high-interest debt paid off, you should think about investing, even if it is just a little bit. Here’s how:

How to Invest $20  

If you’re thinking that investing $20 is a waste of money, it’s not. If after you’ve paid off your debt, have money saved and paid your bills you only have $20 left over the best possible thing you could do with it is invest. Thousands of major corporations offer DRIPs Dividend Reinvestment Plans, which allow you to make an initial invest as little as $20 or $30. Making this small investment now could lead to big returns in the future.

How to Invest $100 

What if you have a bit more than $20 but not quite $1000? Well, if there’s a way to invest $20, there are always ways to invest $100 to $999 as well. One of the best ways to invest a couple hundred is an index fund. Some index funds (if they track the S&P 500 index) can lead to a 10% return each year! Your $100 could be making you hundreds in no time.

How to Invest $1000 

Have an extra $1000 or more to invest? You have a ton of options! The most obvious option is to open a discount brokerage account. If you are able to contribute to the account regularly, you’ll be able to stack up a sizable amount of cash. Keep in mind, however, that the more valuable your account is, the more fees you’ll encounter. Invest in a way that minimizes your fees.


Other readers also enjoyed: 


Other Investments You Can Make With Little Money 

You don’t necessarily need to turn to the stock market to invest your money either. There are other ways to invest with smaller amounts of money. If I was looking to invest a smaller amount of money, here’s where I would start:

  • Savings – Start a new high-yield savings account. If you’re able to find a bank account or credit union with higher interest on their savings account, apply and open one. Some of these accounts will require a higher opening account balance but most simply require $25. It is a great way to start earning interest on your cash.
  • 401K/IRA – Does your employer have a 401K? If so, have you thought about opening a 401K for yourself? Beginning investments for 401Ks are usually pretty low and you contribute out of every paycheck or as you see fit. It is a great way to prepare for retirement, invest and save all in one. Not all employers have this, however, so if you’d still like to invest in a similar platform, ask your financial advisor about ROTH IRAs. You will need more money to invest in an IRA but it will definitely pay off in the long run.
  • Acorns – Last but not least, Acorns is an app I discovered about two years ago. It allows you to invest your spare change. Similar to bank programs like “Keep the Change,” Acorns rounds your transaction up to the nearest dollar and invests your change in a diversified portfolio. The best part about Acorns is that you can tailor it to your personal needs. So, if you want to put in a recurring deposit, you can. If you want to only invest change, you can. If you’d prefer a more aggressive approach to a less risky investing style, you can tailor that as well.

Whatever you do, don’t avoid investing because you don’t have enough money. Your $20 or $30 could be making you even more cash right now so don’t wait!

Photo: Dividend Magic

Liza Koshy’s Net Worth

liza koshy's net worth
These days, just about everyone has a favorite YouTube star. For me, that person is Liza Koshy.

If you’ve seen her videos Koshy plays a comedic role on the internet. Usually her videos are just of her being goofy or putting a comedic spin on a subject. For instance, she posted a video of her reaction when she Googled her own net worth (see below) that was hysterical! So, what is Liza Koshy’s net worth?

About Liza Koshy

Liza Koshy was born and raised in Houston, Texas. She is half Indian, half caucasian and simply loves to make people laugh. Over time, she’s become one of the most popular YouTubers out there.

Koshy, better known as Lizzza, first gained her following on the social media site Vine. She had no initial interest in the app but downloaded it because some of her friends were. That is where she started posting her very first comedic videos to the web. On Vine she gathered more than 5 million fans before the site went out of business.

Like many other internet stars, however, Lizzza turned to YouTube to help her career really take off. Since joining YouTube in September 2013, she’s accrued over 11 million subscribers. She also has more than 8 million musical.ly fans and over 13 million Instagram followers.

In 2014, Lizzza went to college to study business marketing. However, she hasn’t let that stop her from continuing to make the internet laugh. So, what is Liza Koshy’s net worth?


Other readers also liked:


Liza Koshy’s Net Worth

Well, it depends on who you ask. Celebrity Net Worth has estimated Liza Koshy’s net worth to be around $4 million, which is pretty remarkable when you consider the length of her career.

Koshy was discovered by many through Vine, however, she has managed one of the fastest growing YouTube channels around. In 2016 she gained 6 million subscribers (earning her more than 10 million subscribers all together).

This has been her main source of wealth. Because her channel was able to grow so quickly and her videos go viral, Koshy was (and still is) able to capitalize on her YouTube earnings early on. Most YouTubers have to wait a few years before going viral or establishing a decent subscriber count.

Outside of her YouTube earnings, it has been announced that Lizzza will co-host the MTV series TRL, which she’ll likely make millions from (through screen time, additional gigs and endorsements). In fact, it is likely that you’ll see Liza Koshy’s net worth grow exponentially in the years to come.

Check out this hilarious video the YouTuber posted after Google “Liza Koshy’s net worth:”

Have someone you’d like us to cover? Let us know!

Photo: Famous Birthdays