Cellphones Are Eating the Family Budget

Smartphones
Smartphones
Smartphones

Heidi Steffen and her husband used to treat themselves most weeks to steak at Sodak Shores, a restaurant overlooking a lake near their hometown of Milbank, S.D. Then they each got an iPhone, and the rib-eyes started making fewer appearances. “Every weekend, we’d do something,” said Ms. Steffen, a registered nurse whose husband works at a tire shop. “Now maybe once every month or two, we get out.” More than half of all U.S. cellphone owners carry a device like the iPhone, a shift that has unsettled household budgets across the country. Read the full story at The Wall Street Journal.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.

Tags

Categories

PreviousGoogle Unveils Stunning Underwater ‘Street Views’ in Maps NextBanks fail to repel cyber threat

Get Briefed Every Day!

Subscribe to my daily newsletter featuring current events and the top stories in technology, media, and marketing.

Subscribe