10 things you can buy with Rs 89,000 instead of new iPhone X
It is THE thing to be seen with but you can do a lot with Rs 89,000 instead of shelling it out for the latest phone from the Apple stables.
iPhone X, or iPhone 10 as it is also being called, will be available in India from November 3. It may have a number of new features -- bezel-less, edge-to-edge screen, no home screen button, and so on -- but is it really worth blowing up Rs 89,000? To put things in perspective: The per capita GDP of India is Rs 116, 888.
A list of things you buy or do at the price of iPhone X:
A super expensive phone is a risky investment. It can be stolen, damaged or lost, leaving you vulnerable to a stroke. An overseas vacation, on the other hand, will leave you with memories -- and photographs-- that will last a life time, and you will still have the bragging rights on Instagram.
For Rs 1 lakh, you and a friend, foe, spouse or boss -- your choice -- can have a budget trip to Thailand, Vietnam, Bhutan or Russia. If luxury is more your style, you can visit Israel, Maldives, Dubai, Bali, or Cambodia.
Invest your money and watch it grow
Why not put the money in a PPF account? It saves you tax as well. Or go for a fixed deposit or mutual funds. For instance, a lakh in a balanced fund will earn 15% interest and the amount will double in six years. If you opt for National Savings Certificates, you will get Rs 1.5 lakh after five years.
Buy two iPhone 7s or get a small village connected
Priced at Rs 56,000, iPhone 7 was the best thing in the Apple basket until Monday. Add a little more and you can buy two of those for the price of one X.
Festival season is not, too, far and you can afford to be generous. For Rs 89,000 you can buy 654 Jio phone connections, enough for a small village.
A bag, a watch or even a diamond
If iPhone X is your thing to flaunt, there are other goodies with a snob value and they are, at least some of them, are an investment too. An LV bag, a TAG Heuer watch or a solitaire ring, take your pick.
A fancy bike
A 149 or 162 cc bike costs under a lakh. And unlike the phone that you’ll have to care for like a baby, it will take you places.
Mini gym at home
If you have the space and the inclination, this is definitely a healthier option than a pricey phone. A multi-function treadmill should cost you around Rs 30,000, an incline press machine Rs 19,000 and a multi exercise weight lifting bench Rs 7,149.
A four-day stay in a luxury room with a king-sized bed at The Taj in New Delhi costs Rs 90,000.
With Rs 89,000 you could sponsor a child’s education at SOS Children’s Villages for about eight years at Rs 10,800 annually. Read more here.
iPhone X is worth a year’s supply of diaper pants. Okay, just letting you know.