I try to tell people to “upgrade in place” and save money, unless they WANT to try new things on their phones. If you WANT to try playing more graphics intense games or edit video/podcasts from a phone (and you werent don’t that already on your current phone) it makes sense to shop a more powerful replacement. Otherwise, let’s say you have a three to four years old premium phone, and you want to keep doing the same things with it, then replacing it with a mid-ranger should still be a slight performance upgrade, move you down a price tier.