This week’s article in the Yahoo Finance, Money Weekly section, it shows how to save money on technology. With the ever-increasing popularity of everything-technical among kids and adults alike, how can consumers save a buck? The most important and obvious way is to be patient. By waiting until the hype has receded a bit, prices will be lowered, keeping more money in your pocket.

Televisions

When buying televisions it’s important to not only have your budget in mind. Taking into consideration the size, picture quality and convenience is also important. When thinking about size, consider how much space you have. The room that the TV goes in needs to fit both the television and the people watching it. If the TV is going to sit in the room and not be hung on the wall, a good choice is the traditional CRT TV which has the longest life expectancy and is also the cheapest option.

Picture quality is also important when choosing a television and it’s also one of the things that will add to the price. Beware of huge plasma TVs that boast a low price – the picture quality might not be what you’re seeking. Remember that the brightness of a plasma TV decreases from the moment you buy it and the common problem of “burnt images” on the screen is likely to only hold this TVs shelf life at about 3 years.

DVD Players

The cost of DVD players has gone down from hundreds of pounds to being able to buy one at the supermarket for closer to 20 pounds. Now the next generation of DVD players is out with that heavier price tag. Sony has just included Blu-ray technology while Toshiba has introduced HD-DVD. As they both have different benefits, even Hollywood studios are torn over which option to choose. Make your decision wisely and consider all the features and which are right for you.

Game Consoles

Game consoles now are not just used for gaming but are also complete entertainment systems. The downside to this is that if there is a problem with one component of the system, it affects every function. Because of this, it may be wise to invest in insurance cover. Beginning in March the retailer Game has offered extensions on the manufacturer’s standard warranty for added protection.