Limit your Expenses: Iphone 3G in the Philippines

In a recent article from the Inquirer, Globe announced that it will be releasing the Apple Iphone 3G in the Philippines on August 22.  The phones are set to be sold in prepaid kits starting at almost P42,000 and postpaid plans starting at about P2,000 (2 years contract).

These are way too expensive, I think.  And my suspicions were validate when in just a couple of days Globe released another announcement slashing around P3,000 pesos from the intended price offers.

Well, a P3,000 discount is big but that doesn't make the Iphone 3G less expensive.  Before you splurge and buy this product think again.  Your P40,000 might be better off invested on mutual funds, your retirement fund, or your business capital fund.

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  1. violinhunter said,

    I will buy an IPhone when the price comes down to $30. If I wait long enough, it will.

    on September 6, 2008 at 11:14 PM  

  2. Sun Jun said,

    Hi violinhunter!

    Thanks for leaving a comment.
    That would be good if you can wait for the prices to go down first. ^^ Being able to delay gratification is an important trait to financial freedom ^^

    on September 8, 2008 at 5:23 AM