We all know that it is costly to upgrade your smartphone before the end of your contract (usually 2 years). According to an article in the Wall Street Journal, fewer people are upgrading their smartphones.
With this in mind, a couple of wireless provider, AT&T and T-Mobile, have decided to allow their customers to upgrade at any time. However before you leap at the offer, READ THE FINE PRINT.
Taking advantage of these offers require you to pay full retail for the phone. When you purchase or upgrade with a contract, you get it at a subsidized price. A subsidized phone could cost about $199, while the full retail price could be over $600. READ THE FINE PRINT CAREFULLY.
Before making a decision, be sure to evaluate whether or not the upgrade is worth it.