Shelly Palmer Radio Report – July 18, 2013

T-Mobile made waves in the mobile market recently when it ended cell phone contracts and changed the way you bought new phones: no more subsidies, but rather a down payment and small monthly installments. Its new program, ‘Jump,’ takes that strategy to the next level and gives you the option to get a new smartphone twice a year. While T-Mobile customers could already buy a new phone whenever they want, they’d be on the hook for the rest of the payments on their old device. Jump waives all future payments on your old phone and lets you start fresh with a new device. For ten bucks a month – plus a trade-in of your old device – Jump lets you get a shiny new phone twice a year. The new program won’t save you much – if any – money, and you can’t gift your old phones to family or friends once you upgrade. But if you want to make sure you always have the best phone on the market, hey, you might as well Jump.