The use of consumer electronics has spiked dramatically over the last decade or so with smartphones leading the way. By 2019, it is expected that the number of smartphone users will pass the 5 billion mark. Consumer electronics have become part of daily life from laptop to home appliances to wearables. The advanced technology in these gadgets offers great conveniences, but it also makes them expensive to acquire and maintain. According to numbers from Statista, UK customers spent GBP 959 million on consumer electronics. It is possible, though to slash the amount an individual spends yearly, on tech gadgets.