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Nairaland Forum / Science/Technology / Phones / How Can You Rationally Justify Spending N600,00 On A Phone? (38221 Views)
(Mathematical Proof) - How People Justify Buying Phone Of N600,000 / App That Cost ₦80,000.00 On Playstore / Sme Data: Get Mtn 1gb For N600 Or 1.5gb For N900 With 3 Month Validity (2) (3) (4)
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Re: How Can You Rationally Justify Spending N600,00 On A Phone? by Iziquiel(m): 2:26pm On Sep 29, 2019 |
mikoli:Lol..... Make God bless us so that we sef go fit live that kind standard. 1love brother! |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by Nobody: 2:28pm On Sep 29, 2019 |
ZinoFasisi: Well some people have 100 million but will never buy an iPhone, because of its limited functionality. Also 100 million is not a lot since the price of a house in lekki is about 70 million. In the west buying an iPhone is luxury.. not so many can afford it unless you go for credit. Even though you might think 1.5 k dollars is easy money. |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by mikoli: 2:29pm On Sep 29, 2019 |
Persons who have studied economics at any point should gather here. Jarus: |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by Onyenna(m): 2:31pm On Sep 29, 2019 |
GeoAfrikana: I use an infinix phone and i see your Google Pixel as a waste of money...... ...the same way you look at those using Iphone is same way I'm looking at you now.... You have the means to afford a Google Pixel phone, that's why you went for it.... Maybe i couldn't afford it, so, i went for a cheaper alternative..... But that doesn't mean i should see you as "wasteful".... |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by Lexusgs430: 2:31pm On Sep 29, 2019 |
Aidejay: Our people simply need to understand that people should have the freedom and justification, to do whatever they desire..... Regardless of how they got their money......... The moment the money reaches their hand, it's their's........ |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by mikoli: 2:31pm On Sep 29, 2019 |
tedimola:point of correction, if that person hammer better money and is not stingy. Because so many people will still negate that rule in economics. |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by Jarus(m): 2:32pm On Sep 29, 2019 |
orunmila144: How's that your business? Or you know where my mum lives? 3 Likes |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by Lexusgs430: 2:34pm On Sep 29, 2019 |
Jarus: And for you, that alternative forgone. Is a sacrifice you had to take, due to the fact that expensive phone is at the bottom of your scale of preferences or absent from that scale.... Your financial equilibrium, is swinging in ways, only you understands..... |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by orunmila144: 2:34pm On Sep 29, 2019 |
Jarus:well you did post it in a public forum ![]() |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by SocialJustice: 2:35pm On Sep 29, 2019 |
GeoAfrikana:It isn't rational by what standard? Yours I guess. You can hold on to your strong opinion based on your situation but do not force your opinion on people. Like the Mercedes-Benz car, the iPhone is a status symbol and it makes complete rational sense to those that can afford it. If all you can afford is a Toyota, do not try to tell Benz owners they are irrational. 2 Likes |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by cococandy(f): 2:38pm On Sep 29, 2019 |
I have this phone. It’s not a big deal. Really buy what you can afford |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by Dreadful: 2:45pm On Sep 29, 2019 |
Africans and foolishness! Boycott expensive phones and see what happens.... |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by Maleboy: 2:46pm On Sep 29, 2019 |
Lexusgs430:money is limited sir, the richest man on earth can't say money is unlimited. Now that's been rational. |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by shogsman(m): 2:46pm On Sep 29, 2019 |
I can buy it and sell it after some weeks. |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by alaira(m): 2:46pm On Sep 29, 2019 |
goodmorning40:Okay sir I will soon get there sir. |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by OkikiOluwa1(m): 2:47pm On Sep 29, 2019 |
goodmorning40:have you personally gotten to that level? Do you know that most girls, kids, youth who can't deduce the valuevof iPhone 11in their lives ll use it. |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by Lexusgs430: 2:48pm On Sep 29, 2019 |
Maleboy: Excuse me Sir, did you miss the ' to an extent'? |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by ikhalyfah(m): 2:48pm On Sep 29, 2019 |
GeoAfrikana:Believe u me, u that is holding phone of 70k or so, person holding phone of 20k might possibly think the way you think. Might even say u lose ur sense and is irrational. |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by Kennydoc(m): 2:51pm On Sep 29, 2019 |
GeoAfrikana: The point in bold isn't complete. A rational human being can also spend money on what gives them satisfaction, pleasure, fulfilment etc. Some people's happiness and fulfilment per day is worth hundreds of thousands of Naira, and if a 600k phone can give them that fulfilment, they will buy it. Imagine your monthly earning is ₦2m or more, will you consider it wasteful buying a phone of ₦600k? Even with your alms giving, a time comes when you feel like, mehn I gotta enjoy this money a little otherwise you live your entire life working only for others to enjoy. You question is beyond phones. It basically applies to everything: cars, clothes, houses etc. Your income determines what you consider expensive and at the same time valuable. To someone who earns ₦100k per month, a car of ₦5m will be too expensive while to the guy who earns ₦5m per month, a car of ₦5m will be below his status. I have a Samsung Galaxy S7 Edge which is still very clean and working perfectly fine, but right from the time I bought it 2 years ago, I was determined that my next phone would be Galaxy Note 10. In the next couple of weeks, I will take delivery of a Note 10+. Will you then consider my purchase of the phone and say I am irrational when I know I can afford it, I'm not extravagant by any chance, and I've also not been terrible with respect to helping people, even strangers? 1 Like |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by TheSaneOne: 2:53pm On Sep 29, 2019 |
This is a valid question considering the average earning potential of a Nigerian. Strangely so, 600k is at the same time "a lot of money" and "not enough money". Depends on the viewpoint really. The same question can be asked for much less than 600. The question should be rather individualised. How much are you earning? What do you need it for? Taste? Preference? I personally feel most of these items are overpriced. But if you have the money, why not? |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by davide470(m): 2:54pm On Sep 29, 2019 |
Lexusgs430:On a phone of N600,000? Yes, those that do are making a foolish decision. Forget value and affordability for the moment. |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by Okuda(m): 2:56pm On Sep 29, 2019 |
GeoAfrikana: your exchange rate and ease of doing business factors are what ypu should be consideing not the cost of the phone...if ypur economy was good you wont consider 600k alot to buy a phone |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by Lexusgs430: 3:00pm On Sep 29, 2019 |
davide470: How foolish can they be, they are wise enough to earn that money..... And can use those wise decisions, to make more....... You decide to drink 30 naira garri, i decide to spend 1K5 on fried rice and chicken, is this also an unwise decision? 1 Like |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by studentofTruth: 3:03pm On Sep 29, 2019 |
Iziquiel: You just proved OP's case for him. The real rich business guys go for value. Bill Gate can afford to outrightly buy it but he knows he doesn't need the yatch all year round, so he leases it when he needs it — saves him the cost of maintenance in addition to the initial cost of acquiring it. The prince who inherited most of his wealth spent $500million buying it and will spend more for yearly maintenance. Value >>> affordability |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by Acidosis(m): 3:05pm On Sep 29, 2019 |
The same way you rationalized buying a N50,000-N100,000 phone as a corper on N18k salary. 1 Like |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by Hangulsaram: 3:08pm On Sep 29, 2019 |
cococandy:If you are in Nigeria maybe you will understand, you would n’t cough off that money to buy that phone. |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by Nobody: 3:09pm On Sep 29, 2019 |
goodmorning40: That's just,I agree with you 100%. if you know you can't afford it yet, don't force it |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by opedaydydx9(m): 3:09pm On Sep 29, 2019 |
I sold my iPhone and bought a xiaomi Redmi... I think I mDe the right decision. IPhone caged my life ha.... � |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by davide470(m): 3:12pm On Sep 29, 2019 |
Lexusgs430:Let me ask you this: Would you eat fried rice and chicken that normally cost N1,500 for N300,000 because it was made by one of the best chef in the world? If Yes, would you consider that as wise? If No, then getting a phone for N600k isn't so wise whereas you can get one at a lesser amount and it bears the same brand and same features, except a camera adjustment. |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by erico2k2(m): 3:14pm On Sep 29, 2019 |
goodmorning40:I disagree with you on this one the reason is this, Even in the west, we all get it via contract phone, ie we pay monthly. The sad reality is you do not really need this phones in Nigeria as 80% of the tech in the phones can not and do not work in Nigeria cos the infrastructure for such services are not in 9ja, so where is the justification?? |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by Jaemes(m): 3:14pm On Sep 29, 2019 |
See ehn u know say e get the kind level u go da ehn wey Money no be problem and to spend am no go hard you..So.the thing is spend as u like as far say Ur money clean and legit, but don't spend on foolish things that won't benefit you or don't spend just because u want to show off. Remember say HUMILITY helps a lot. |
Re: How Can You Rationally Justify Spending N600,00 On A Phone? by ZinoFasisi: 3:15pm On Sep 29, 2019 |
Nigsrdumb: People that hv 100 million and don't buy IPhone, that's their wahala, and Everything in this world have limited functionality. and who told u i wanto live in lekki (that place with no drainage system) if i have 100m u expect me to buy house 70m, is that not madness to me (it is nt to some people). quite different from 600k from 100m 100m is a lot of money as far as I am concerned. I know IPhone is luxury same way people buy benz. |
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