Regarding Cell phones. I have what you describe above for my iPhone 5 through StraightTalk (prepaid service at Walmart). StraightTalk resells Verizon service, so I get the same great coverage Verizon offers in my area. My iPhone 5 cost $550 from StraightTalk, but I have no contract and only pay $45 per month for unlimited talk/data/text. Breakeven is about one year, compared to buying the $199 iPhone at Verizon and paying $75 a month for service. And in this model, it's to my benefit to hang on to my iPhone as long as it works, rather than feeling obliged to upgrade ever two years. The longer my phone works, the better.