Readers speak! What they'd do instead of buying an iPhone!

We asked you, our dear readers, to tell us what you'd do with Rs 80,500 (the cost of the 128GB iPhone 6 Plus).

You can post your suggestions right here!

Meanwhile here are some of the best responses so far:

1. Book a flat!

Arvindakshan Menon advises:

"Invest the money in shares of highly performing companies or book an under-construction flat.

Use a Micromax-type phone with 1 or 2GB RAM and above 1.2GHz pro with Android 4.4 for just 10K."

ALSO SEE 10 reasons why Micromax BEAT Samsung

Photograph: Chris Jackson/Getty Images

2. Invest in a fixed deposit. Buy a new phone every year! :-)

Jinu Varghese says:

"I will deposit Rs 80,500 in a fixed deposit @ 12 per cent and buy every year new phone worth Rs 10,000 every year!" :-)

Here are your options for the best smartphone under Rs 10,000!

Photograph: Danish Siddiqui/Reuters

3. Donate for a good cause

Ramesh Sankaran has nobler intentions. He says:

"I will buy a Moto G for 14,000 and donate 64,500 to (the) Akshayapatra (midday meal scheme)."

Here are 8 reasons why Moto G is so hot!

And here is where you can donate to Akshaypatra!

(Psst. Rs 52,500 can feed 70 children for a year.)

Photograph: Adnan Abidi/Reuters

4. Travel

Vinay Shukla would rather fly to Bangkok and back :-)

Here's everything you can do in Bangkok, Vinay!

Photograph: David Gray/Reuters

5. Buy jewellery for the wife :-P

K Reddy says he'd like to buy his wife jewellery instead of buying himself an iPhone 6 Plus! Kudos to that!

Photograph: Adeel Halim/Reuters

6. Save up for children's education

And Vavialala Suri says he would rather invest that money for his children's future

DO READ Best children's investment plan: Mutual funds?

Photograph: Mansi Thapliyal/Reuters

What would you rather do instead of buying an iPhone?

We would LOVE to hear from you!

Tell us!

Post your responses on Rediff ZaraBol and tell us just what you'd do with #Rupees-80500 and we will post your responses right here on Rediff.com!

Picture used here for representational purposes only.