Don't get trapped by buying an expensive iPhone with a low salary, know here how much salary people should buy an expensive Apple phone?

Mobile News Desk – The craze of buying Apple iPhone is increasing among people in India. Apple's sales figures also prove this. But does your salary allow you to buy an iPhone, or are you just hurting yourself by pretending? Who doesn't want to buy an iPhone, but does your pocket allow it? If you have also planned to buy an iPhone thinking that everyone in America uses iPhone, or under the influence of a friend, or just to show off, then it is very important for you to understand these calculations. Currently, the latest series of iPhone 16 is available in India. The official price of its base model is Rs 79,900. Whereas in America the price of this model is $799 (about Rs 67,835). Now calculate the average salary of yourself and American citizens accordingly.

4 months salary will be spent in buying iPhone
If we consider the minimum salary in India as the basis, then the monthly salary of most of the people here is between Rs 18,000 to Rs 20,000. Whereas the average salary of a person in America is around $6,000 (about Rs 509,700) per month. In such a situation, how good a deal is it to buy an iPhone? Now if you go to buy an iPhone, an American will have to spend 4 days' salary to spend $799. Whereas if an average Indian earns even Rs 20,000 a month, then about 4 months of his salary will be spent on this. Even if a person's salary is Rs 50,000 per month, he will have to spend about 1 month and 18 days of his salary to buy iPhone 14.

When would it be right to buy an iPhone?
Now let us know when it would be right for you to buy an iPhone or how much money should you spend on buying a smartphone? For this, first of all it is important to understand that your smartphone is also a depreciating asset like your car. This means that its price keeps decreasing year after year. Generally, people's smartphones either last for 3 years or they replace them after 3 years. In case of iPhone, usually the phone becomes slow after 3 years. Now let's do a calculation. Suppose you bought iPhone 16 for Rs 79,900 and it lasted for 3 years, that means it would cost Rs 2,220 per month. Whereas if you buy a normal phone up to Rs 30,000, then your monthly expenditure on smartphone will reduce to Rs 834.

Experts recommend that you should spend 5 to 10 percent of your annual income on personal belongings. In such a situation, if your salary package is Rs 10 lakh then you can think of buying an iPhone. However, it also depends on your other expenses and what is your priority.