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Are We Idiots for Not Having Prepaid Phones?

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Brian Chen over at the NY Times has an interesting post about prepaid phone plans, and how, on average, they’re cheaper than the more common 2-year contract from AT&T, Sprint, Verizon or T-Mobile. But the catch is that you have to pay full price for a handset up front, which is almost always more expensive.

Is the immediate benefit of not having to pay full price for a smartphone worth the added cost in the end? [NY Times]

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