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Here’s How Your Smartphone Is Secretly Costing You

GOBankingRates logo GOBankingRates 4/30/2017 Dan Ketchum

Here's one thing we know for sure about what Americans spend on their smartphones: We spend way, way too much time looking at them.

According to a Deloitte report from 2016, Americans collectively check their phones more than 9 billion times a day — that's an average of 47 times a day for each person, and 82 times a day for 18-24 year-olds.

This sort of proliferation should hardly come as a surprise in an industry that shipped 334.9 million smartphones throughout the world in the first quarter of 2016 alone. But let's break down some numbers on a more micro level.

While your phone bill — an expense that could cost you more than $100 a month, reports ABC News — might be a regular part of your budget, your smartphone has a few more insidious money-making tactics up its sleeve. Here's what to look out for, and how to keep that money from slipping right out of your pocket.

Your Data Bill

In-App Purchases

The Insurance Question

Low-Tech Tumbles

The Accessories Trap

Impulse Upgrades

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