The True Cost of The New iPhone 11 Pro (Opportunity Cost)

In this video, we will discover the true cost of the new iPhone 11. The phone may appear to cost $1,000, however, there are many hidden costs that should be taken into consideration before making the purchase.

The primary cost associated with buying a premium phone is what we call “opportunity cost”.

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I am not a financial advisor. The ideas presented in this video are personal opinions and for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make.

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[MuhammadAli-quxm]

I'm a simple man. I see Nate's video and I smash the like button.
enough said.

[romanticdonkey]

Materialism is eating people alive. You will build wealth when you stop caring what others think.

[NateOBrien]

Hi everyone. Just a reminder, this video is not meant to deter you from buying a premium $1, 000 phone. The goal of this video is to remind you to think about the opportunity cost associated with the purchases that you make throughout your everyday life. If you are acing a sizable amount of debt, maybe consider getting a middle-of-the-road phone and saving a few hundred dollars.
Thanks for always supporting the channel,
Nate

[jimmyking]

I like how you don't curse or shout angrily at anybody that makes this purchases but can't really afford them, but you try to provide alternatives and reason to better his financial state without being judgmental. You understand that you talk to adults and not kids, and that's why your viewers appreciate your content.

[oscarricotv]

I purchased my iPhone 6s brand new back in 2016. Still going strong 💪🏼

[nomipyar]

Thank you for not yelling or being overly aggressive in your delivery. I find a lot of financial videos to be too abrasive to watch -- the way many Youtuber's speak gives me a feeling of being talked down to, so its easy to miss a lot of the important details because we are being belittled. You are one of the best! It feels like I'm learning from a college professor. Love it! Keep at it, Nate :)

[RavenValkyrie]

I have a 150 dollar phone, still going strong after 2 years, and still looking gorgeous.

[sashagator]

I was BRIEFLY considering getting the 11 or at least jump to the X (I have the 8 currently) but nah decided to open up a retirement account on my 25th birthday. And also an actual savings cause I am horrible at saving money lols.

[MikeOBrienMedia]

Yet another knowledge bomb dropped. Worthy of a subscription 👍▶️

[barbaracarbone]

Very good. Projecting ahead gives real insight to our spending...or rather not spending. Thanks.

[InvestingEducation]

I rather buy apple shares than an iphone with the same amount of money

[haeng]

Hi Nate, what kind of phone are you using?

[throttlechaos]

Great video! Looking forward to the apartment tour also!

[AnBuiOfOnlineCareerAccelerator]

why would i ever need to buy new phones when an old $100 one is enough to subscribe and like Nates channel

[albertmcmanus]

I really liked the pragmatism in this video. I would also venture to say that most of us really like this sort of content given your like to dislike ratio. I think you’re on to something with this. Keep up the good work.

[bygpwjl]

I really like all your video, i love thematic this video 👍

[MusicloverX]

I’ll upgrade when I get no more iOS updates.

[CpawsMusic]

Always giving out great info Nate! Thanks to you, I can finally manage my personal finances and run my Youtube channel without worrying about money!

[MarkNoldy]

Showing this in my “remote” personal finance class today.

Excellent content for teens!

[Gojo-jgzs]

Enjoyed the video man. Little suggestion, maybe color code some of the numbers you wrote out so it *pops out* but you broke everything down nicely 👌