Skip to main content
HomeThe WWS Daily

- News, tips, inspiration you can trust to thrive in today’s digital age.

Search form

Main menu

  • Home
  • News & Features
  • Business & Economy
  • Tech & Trends
  • Health & Style
  • Arts & Culture
  • Contact Us

The Wrong iPhone 14 Plan Could Cost Individuals $1,146, Families $5,013

Staff Writer September 16, 2022

As the new iPhone 14 series hits the stores, WalletHub found that people can save $1,146 - $5,013 over two years by picking the right plan.

 

The Wrong iPhone 14 Plan Could Cost Individuals $1,146, Families $5,013

This year, 24% more Americans plan to buy the new iPhone, according to a new 2022 iPhone Survey by the personal-finance website WalletHub. 

However, as the iPhone 14 release date approaches on September 16 (October 7 for the Plus variant), WalletHub found that people can save $1,146 - $5,013 over two years by picking the right plan.

 

Study Findings

 

According to WalletHub, a no-contract individual plan from Visible is the best way to get the new iPhone, beating plans from all three major carriers in the US.

For even more savings, keep your old phone. Individuals can save up to $1,933 and families can save up to $2,723.

“People who want to save money on their cell phone should consider purchasing a phone that’s at least one generation old instead of the latest model. There are relatively few differences in features between generations now, compared to years ago where upgrades brought much more noticeable improvements,” said WalletHub analyst Jill Gonzalez. 

“You may be able to get a phone that’s a generation behind for half the price with almost the same user experience. Consumers can also save money by buying used, good condition phones or taking advantage of carrier discounts.”

apple-iphone-14-iphone-14-plus-image

Interestingly, more than 1 in 5 people think that the new iPhone is worth going into debt for. And more than a third of consumers think that their phone is their most important possession.

“The reason why more than a third of consumers think their phone is their most valuable possession is likely that few other devices do as many things as a cell phone can do while still being easily portable. Cell phones are important for their social use, like keeping people connected during the COVID-19 pandemic and times when inflation makes travel expensive, as well as for business use, especially with many people having transitioned to remote work,” said Jill. 

“Cell phones provide access to the internet when Wi-Fi is not available, too. At times, cell phone data may be the only opportunity for families to get online. Since cell phones are so important, it’s not surprising that more than 1 in 5 Americans think the new iPhone is worth going into debt.”

But it is still important to reduce the cost of wireless coverage, especially considering this time of high inflation. In fact, only 27% of Americans plan to spend more on their cell phone this year, according to the WalletHub study.

“During this time of high inflation, there are many different ways you can reduce the cost of wireless coverage, most importantly doing comparison shopping and waiting for a good promotional offer before purchasing a phone. One big method for saving money is to get phone coverage from a ‘budget’ provider that uses the same network as one of the larger, name-brand providers. You can get nearly the same level of coverage while saving a lot of money,” said Jill. 

“You can receive discounts for setting up autopay on your monthly bills, as well as bundling your phone coverage with other people. Some providers may also offer you temporary relief on your bills if you are going through a financial hardship, though you’ll have to call and ask.”

Crunch the numbers to see which iPhone plan is right for you using WalletHub’s custom Cell Phone Savings Calculator, ahead of the newest models starting to ship on Friday.

 

SUBSCRIBE TO OUR NEWSLETTER  newsletter icon.png

Get our best content, news, tips, and inspiration in your inbox - free.

No spam. Just great stories. Promise!
 

 

Join Over 20,000 Subscribers!

Get our best content, tips, and inspiration free in your inbox. Subscribe ››

Connect with us:  twitter.gif linkedin-gray.jpg email.gif RSS feed

 

 

 

 

 

Most read this week


Harvard Linguist Debunks 10 Grammar Myths Learned in Schools
Harvard Linguist Debunks 10 Grammar Myths Learned in Schools
Editorial Team

Gmail Redesign Introduces Cool New Features (And Some Not So Cool)
Gmail Redesign Introduces Cool New Features (And Some Not So Cool)
Staff Writer

10 Reasons People Fail at Basic Email Etiquette (And How to Charm With Yours)
10 Reasons People Fail at Basic Email Etiquette (& How to Charm With Yours)
George Mathews

Featured Image - Surprising Facts About Hearing Loss You Should Know
Lead Generation Outsourcing: Key Considerations for Businesses
Aditya Pillutla

 

Got a story or tip for us?

 

Tips_0_0_0.png

Here's how to submit it →

 

 

 

 
 

EXPLORE MORE ...

black-nav-bar1.png

News & Features  ›


Tech and ESG Are the "Investment Megatrends of the Decade": deVere CEO

Tech and ESG Are the "Investment Megatrends of the Decade": deVere CEO

Trolls Dominate Online Discussions, Future of the Internet Not Great (Research)

us-dollar-with-gold-bars-investment

Gold Investment Surge in Europe


Understand and Plan Your Digital Afterlife

The Most Annoying Video Call Habits at Work - Are You Guilty?

The Digital Playground: Creating Safe and Engaging Online Spaces for Kids

hor-line-blue

Tech & Trends  ›


Factors to Consider When Buying a Power Inverter (Best Home Inverter)

deepfake-video-screenshot-putin

The Dangers of Deepfakes & How to Detect this Type of AI Fraud

Windows laptop Microsoft Defender Antivirus threats alert

Understanding the Limitations of Antivirus Software


Should You Have a Dedicated Outsourced Development Team?

Tech Troubles? 4 Business Strategies To Avoid Tech Disasters

Understanding the Limitations of Antivirus Software
 

hor_line_yellow

Arts & Culture  ›


Audible Lets You ‘Skip to the Good Part’ in Audio Romance Novels

Audible Lets You ‘Skip to the Good Part’ in Audio Romance Novels

30 Best Websites and Blogs for Writers

The Different Types of Bowling Pins: What to Know About their Weight and Dimensions

The Different Types of Bowling Pins: What to Know About their Weight and Dimensions


What Your Handwriting Says About You

12 Reasons Reading Widely Is So Important for Writers

How Reading More Inspires Better Writing

hor-line-brown

Business & Economy  ›


investor-shaking-hands-with-young-entrepreneurs

Angel Investors: Why Investing in Pre-IPO Companies Is a Smart Move

bozeman-cars-main-street-montana

Top 20 Best U.S Small Cities to Start a Business (& Tips to Start)

Is Your Web Hosting Company Sabotaging Your Blog?

Is Your Web Hosting Company Sabotaging Your Blog?


10 Lame Excuses You Probably Use to Procrastinate

10 Ways Resourceful People Build Resilience & Turn Failure to Success

How to Buy a House or Property With Bad Credit

hor-line-green

Health & Style  ›


roasted-turkey-on-white-ceramic-plate-festive-food - illustration

Festive Menus: The Best and Worst Foods for a Good Night’s Sleep

woman-jogging-lets-get-physical-exercise-while listening-music

Let's Get Physical: How Music, Workout Enhance Your Overall Well-Being

How to Stay Safe and Healthy When Moving During the Pandemic

hori-3.jpg

The Truth Behind 5 Common Food Label Claims

hori-3.jpg

Why It's Okay to Daydream As a Creative Person

hori-3.jpg

Can Mindfulness Help to Stop Substance Abuse and Addiction?
 

Home | About Us | Contributors | Submissions | Advertise | Disclosure | Privacy Policy | Contact Us

Follow Us:

twitter_e.jpg linkedin-pg.jpg email-updates_icon.jpg

Committed to quality content and journalistic ethics.

RSS rss

Search WWS search-icon-trans_0_1.png

© 2025 The WWS Daily.