Tech binges: Taking the heat on the graduate wallet

By | June 15, 2011, 10:24am PDT

Summary: ‘Technology binge’: a sparing moment of self-indulgent insanity resulting in excessive spending on items of technology. Not a good idea for this soon-to-be graduate.

I walked out of the store and lit what could have passed as a post-coital cigarette. Leaning against a pillar with a plastic bag of technological goodness held in my left hand, the cigarette in my right, I let out a sigh of relief.

The rush was incredible. The fact that I had binged on so much technology in such a short space of time made Christmas seem somewhat redundant.

And then I let out a sigh of disgust and disdain — for myself.

Many of you will know of my addictive personality. Technology was once seen in my eyes as a ‘means to an end’; this productive soldier in the essay-fighting crusade against the naysayers of higher education has all but been squandered as I approach my graduation next month.

Though the hard work is over, my life is slowly being taken over by a need to fulfil the void left by my university escapades.

Here’s how it happened.


Image via Flickr.

24 hours earlier

It was absolutely chucking it down with rain. The heavens had opened and the dry, baron county of Kent; the “garden of England” so dry that it is now in an at-risk zone for drought.

There was a void in my life. I, unlike the majority of my demographic, am not a prolific console gamer. It has been something chipping away at my generally one-tracked mind for some time.

And, with this, I have been fully aware that one day the peer pressure was going to intensify towards a social exclusion like scenario which would emulate that of switching off Facebook indefinitely.

At some point, something had to give.

Present day

In the space of one single hour, I bought:

  • iPod touch (4th generation)
  • Universal Dock including Remote (for iOS devices)
  • Skullcandy Ink’d Earbuds stereo headphones
  • Xbox 360 console (with Kinect and one free game)
  • Four games for the Xbox, including compatible Kinect games
  • MacBook Air (64GB, 11″ screen)
  • Western Digital TV Live HD media player
  • Audio Technica AT2020 condenser microphone
  • Lunch for two of my friends (for whom I dragged around the shops with me, acting like a spoilt, naive child)
Naturally, claiming rights of free hands due to my bad back, my dear friend Elliot took the full brunt of my purchases and reluctantly through force kindly offered to carry them on the walk home. His efforts were repaid in the gratuitous killing of virtual Nazi zombies.

Who needs presents at Christmas or Thanksgiving when one can purchase goods at one’s own leisure; even if in bulk and taking a blow to the wallet?

In examining my own behaviour, the acquisition of technology through purchases and peer ‘pressure’ is what one may expect from the Generation Y. This demographic is on the most part ’spendthrifty’ in nature and spend their money on entertainment rather than other materialistic items, such as house plants or other household items.

The spending on entertainment, however, stalls in resistance of paying small contributions to the record or film industry through legal purchases; where piracy is more prevalent and frankly easier to do.

The iCloud, we hope, should solve this issue.

I was somewhat reprimanded by a close friend, regarding my Xbox purchase. “We all have PlayStations. Every one of your friends has a PlayStation. I could have connected you with 30 bloody people, why did you get an Xbox?”, he said emphatically.

My simple reply: “I don’t want my account details hacked every five minutes”.

There is a point to be made, though. My generation loves its gadgets, the toys and the sensation of spending once we break through the financial barriers of owning a place in the employed demographic.

While we may not have the vast expendable income that our parents have whilst at university, what happens when we do is an interesting consideration to look at. In short, we splurge.

It is no mystery that the Generation Y has money management issues. Not only in how we budget — because the vast majority of us either cannot or do not — and have little concept of savings or managing our income for the long term.

Whether or not the danger has passed from the PlayStation fallout, one thing was clear. For a game and a Kinect included with the $325 Xbox deal, it was a one time offer. That was my only motivation.

Don’t hold it against me… too much.

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Topics

Zack Whittaker, a criminologist who studied at the University of Kent, Canterbury, is a journalist, writer and broadcaster.

Disclosure

Zack Whittaker

I worked briefly with Microsoft UK in 2006 but no longer have any connection with the company. Regardless, I remain impartial and unbiased in my views.

I don't hold any stock or shares, investments or industrial secrets in any company, but have signed confidentiality agreements with a number of UK and U.S. organisations, whose names I am not at liberty to disclose.

I was involved with Kent Union, the University of Kent's student union, undertaking voluntary, non-salaried, elected positions between early 2009 and mid-2010.

No other company, body, government department, non-governmental organisation or third sector organisation employs me or pays me a salary in any capacity whatsoever.

As a freelance journalist, whenever expenses are given and taken by a company that is not CBS Interactive, these will be disclosed in each relevant post to ensure transparency.

I currently work with a UK law enforcement unit, but this is an entirely separate position which bears no connection to other work.

(Updated: 23rd October 2011)

Biography

Zack Whittaker

Zack Whittaker, criminologist who studied at the University of Kent, UK, is a journalist, writer and broadcaster.

After studying criminology at university, though still in his early-20's, he has already had a series unconventional work and voluntary positions. He has worked with researchers studying neurological illnesses like Tourette's syndrome (which he suffers from), has given lectures on the nature of disabilities in the public community, and occasionally ends up speaking on television and radio discussing the events of the day.

He first had academic work published at the age of 22, then still an undergraduate, and has been cited by a wide range of publications: from the Huffington Post, Business Insider, AllThingsDigital, The Atlantic Wire and CBS News.

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RE: Tech binges: Taking the heat on the graduate wallet
tzartzar 15th Sep
Great article. trajna sminka beograd
0 Votes
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Contributr
Have you ever had a tech binge?
zwhittaker 15th Jun
If so -- how much did you spend? What did you buy, and why? Was there anything you specifically didn't need (but really wanted), or was it a planned event and you knew exactly what you wanted and for what purpose? Have your say.
@zwhittaker I go on tech benders when I upgrade my gaming rig. New MoBo, ram, CPU, GPU, HDDs and SSDs, everything!

I plan on going on another one once the AMD Bulldozers come out. The only things I don't need is a PSU and a case, a keyboard and mouse (Logitech G19 and G9X are what I currently use), everything else is getting replaced. God, this is going to suck on my wallet... Oh well it is so worth it!
0 Votes
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Rarely
privatejarhead 15th Jun
First time I ever was on a tech binge was when I bought my first laptop two years ago (a Toshiba Satellite L505, which is now dead). I was given a budget of $100 to buy add-ons for it, with half that budget going towards a Wireless-G router (other things I bought was a mouse, laptop bag, USB hub, and the free 2GB flash drive that came with the laptop).

Just last week, however, I (sort of) did another tech binge when I bought my new laptop (Lenovo Thinkpad W520). Maxed out just about everything on it (except HDD, 3G). Once I receive it, I'm planning on buying an extra 12GB of RAM and an Intel 310 series 80GB mSATA SSD (whenever those come back in stock -.-)
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30
johnfenjackson@... Updated - 15th Jun
850+VAT on offer during a DELL weekend, down from 1200.
I needed a wide screen to edit large spreadsheets and thought it would speed up my usage in general.

Turned out to be a good buy: I've since developed an interest in photography and a massive collection of high resolution fine art images. Once you've moved up to 2560x1600 you get claustrophobia on anything smaller

However I must admit I was lucky: the monitor was a luxury purchase.
Great article. trajna sminka beograd

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