I wouldn’t pay more than $500 for a phone – and this is the one I’d get

You don’t need me to tell you that your dollars aren’t going as far as they used to. The indices used by economists to measure inflation are rising, translating into higher prices – for gas, for food – and in some cases, for technology.

Even if smartphone prices hold the line, the prospect of spending $799 or more on a flagship device may not be as appealing as it was just a few months ago. (See this piece on food and gas taking up more of your budget.) And that’s a challenge if you need to get a phone in the immediate future, if your current device is showing its age.

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