Technology is constantly changing and improving. New models come onto the market at a rapid pace to replace previous models that have barely been in use for a few years. When a new iPhone hits the stores, you most likely will have to update not only the device itself but all your chargers and connectors, as well. Alex Masters of The Independent calls it gadget litter: the unused and outdated paraphernalia of an evolving digital world. It can be quite difficult to keep up. So here are a few cost-effective ways to stay up to date with technology.
1. Stay Ahead of the Wave
One cost-effective way to stay up to date with technology is to stay informed about upcoming changes and trends. If you can stay ahead of the wave, then you can better plan on which items are essential for your life. You can attend trade shows to get hands-on, real world exposure to emerging technologies or subscribe to tech magazines. Trade shows also allow you to speak with tech industry experts who can clue you in on which devices are the best. This foreknowledge can help you stave off the impulse reaction to purchase the latest smart phone or gadget. Perhaps there’s a cheaper version from a brand competitor or maybe that device will even be outdated by the time you can afford it.
2. Specialize and Focus
You can spend lots of money trying to chase each new technology that emerges. Advertisements and commercials will tell you that this particular piece of technology will change your life, or that a new gadget is a must-have. Yet, is that really true? One of the most cost-effective ways to stay up to date with technology is to specialize in one particular field. You should assess your own unique technological needs, whether personal or business, and concentrate your efforts in that domain. You don’t need the latest virtual reality device if you don’t see yourself using it extensively in the near future. Remember, fads and trends come and go. By specializing in a particular technological field, you can save time, money and energy.
3. Optimize instead of Maximize Your Business
You don’t have to spend lots of money to stay up to date on technology in the business world. There are certain new innovations that are designed to actually save you money. A BBC report in 2012 estimated that all work spaces will be fully digital by the year 2020. Be selective and choose to implement new technologies that are designed to save money instead of spend it. There are new apps on the market that save time and money on book keeping and taxes. There are also new printers that use less ink. You can also take advantage of new green technologies such as solar power inverters that will turn your home or business into a mini-power plant. So, don’t buy into expensive gimmicks. Go after technologies that will keep your operating costs low.