The Pros and Cons of Budget Technology

Today, it seems like it’s impossible to get through the day without the help of technology. As we’ve become busier and more overloaded with information, the need for technological short cuts and tools has gone through the roof.

The problem is technology isn’t cheap. Every time a new device or gadget is developed the cost of tapping into the new technology is steep. It’s a predicament that has lead to the rise of budget tech. The term refers to tech devices and electronics that are $100 or less. Another key characteristic of budget tech is a device that’s less expensive than other models.

As technology advances, more items are being added to the budget tech list. It can be tempting to load up on $20 devices, but you may want to think through the pros and cons before you buy budget tech.

Pro: Budget Tech Costs Less Up Front

Of course, the main draw of budget tech is that it costs less. You’ll be able to get a smartphone, smart TV, appliances, etc. for less than the new expensive models. For some people it means being able to have a device versus doing without it all together.

Con: Budget Tech Eats Up Energy

One of the less noticeable drawbacks of budget tech is it isn’t very energy efficient. Manufacturers save on production costs by skipping the higher priced features and materials that reduce electricity use. Instead the cost is passed on to the consumer.

You can help offset the increased energy use by getting the best rate possible on your electricity plan. Check out this site to compare residential and commercial electric rates in your area.

Con: Budget Tech Also Eats Up Data

Another growing issue is data usage. Electronics that consume tons of data could end up being far from budget-friendly when you get your wireless bill. Cutting edge devices like the Samsung Galaxy J3 Pro may cost a little more, but they have built-in features that minimize data use.

Pro: Budget Tech is Better Than What You Currently Have

Let’s be honest. Budget tech may not have the fanciest features, but it’s probably better than what you currently have. That’s a pro no matter what, especially if budget tech serves a functional purpose.

Con: Budget Tech is Far From Future Proof

Budget tech is usually cheaper because it’s an earlier version. It’s common to see devices and electronics go on sale once the latest version is released. The most obvious example of this is iPhones. When you buy budget tech you have to accept that your device is far from future proof.

Pro: You’ll Be Able to Afford It Faster

If you’re the type that spends more than you save, then budget tech is a good solution. Some new electronics cost hundreds, if not thousands, of dollars. Anyone on a tight budget would have to save for a long time to afford some devices. By the time you’ve saved enough, new products have been released to replace the one you were eyeing. Budget tech allows people to afford devices before they get replaced with a newer, more expensive version.

Con: But It May Become Obsolete Sooner

In conjunction with the previous con, budget tech is likely to become obsolete a lot sooner than other similar products. Budget-friendly products tend to use older technology. While that means that the technology is proven, it could also mean that the device becomes obsolete a lot sooner if there are new advancements. For instance, Blu-ray technology made even the best DVD players a thing of the past.

Pro: Budget Tech is Easier to Replace

Because of the lower price point, budget tech is easier to replace if needed. Unfortunately, you’ll probably have to do just that sooner than expected.

Con: But It’s Not as Durable

Electronics that are used every day have to be built tough. But that isn’t always the case with budget tech. It’s not uncommon for cheaper electronics to be made with less durable components because they’re less expensive. You may save money with the budget tech option, but if it breaks you may end up paying twice what you expected.