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Kathleen, your child may not have had a peer-approved phone, but I'm betting the child's portfolio had some Apple stock...better to buy them stock as opposed to other kinds of presents, especially at very young ages, I always say. I wish some brokerage companies would offer gift cards, especially in this new time of $0 commission (which is awesome)…

Actually, child has both now. Both kids are in college, so at this point, both are well-equipped.

On the careful note, we have a friend that we would give our leftovers to for a long time. The last time, I took the hit of not trading the phone in and getting the cut on the price just so she could have a decent phone. Less than a month later, she had literally destroyed the phone. At that point, I simply my left overs would go elsewhere from now on. I was annoyed, but I thought my kids were going to read her the riot act. They were not pleased that she had literally shattered the phone in less than a month. Even if I considered giving her any more leftovers, the kids would kill me.

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