Want to save money on your next smartphone......?

July 11, 2012 - PRLog -- The first thing to consider when purchasing your new mobile phone is do you want a contract or sim only deal, there are hundreds of mobile phone deals to chose from with many different networks, so why not take your time to chose from them and make sure you get the best deal. Doing your research will help you make the right decision.

We will start with the first question, Do I want a contract mobile or purchase a mobile phone myself and use a sim only deal? One thing to think about is regardless of which way you chose you will end up paying for the phone one way or another! Lets start with the contract mobile phone deal. When you chose this route everything is covered for you, you can order online through the chosen company and wait for it to arrive. In return the network will take a set figure from your bank account each month. This may include the mobile phone of your choice, free gift or cash back, free minutes, free text and internet usage. This sometimes may include insurance cover on your new mobile phone. Understand that if your mobile phone is broken in an accident and you don't have insurance you will still be liable for the life of the contract, so in most cases you will have to pay to get it fixed or buy a new phone.

In most cases this is the cheaper route to take, lets take current figures based on a mobile comparison website http://www.ukmobileworld.co.uk Lets start with the new Samsung Galaxy S 3 on Vodafone, you can currently get a contract on Vodafone for 300 Minutes, Unlimited Texts and 500MB of Internet data all for £31 per month with cash-back. Costing a total of £576 over 24 months if you claim the cash-back offer or £744 if you don't. A sim only deal for the same package minus the phone will set you back £10.50 per month over 24 months making a total of £252 and to buy the phone will cost you £499 making a total of £751 and this is a saving of £175.This may vary with different networks so you should always do the sum's yourself.

Also if you haven't got the spare funds to purchase the mobile phone this is probably the best way to go. If you have already got a mobile phone and it is one that you would like to re-use then sim only is the way to go. As you can see the monthly payment for a contract to include the phone is £31 per month and sim only the with the same package is £10.50 per month.

Look out for our next guide to save you money on your next smartphone.

Save money on your next smart phone http://give-me-more-money.com