Should upgrade my iPhone 4S to iPhone 5?

My boyfriend got me a iPhone 4S in his name and when we get in arguments he will say I brought the phone for you and that gets under my skin and he got it for me cause my deposit is so high like $400. But anyways I wanna know is it worth upgrading if I have to pay $400 deposit to get it in my name and pay $129 for iPhone 5 and pay $250 to get out of the contract that my boyfriend got me. Is it worth the upgrade?

The new iPhone will be out in about a month.wait for the new model 5s or 6

I agree, save your money for now and wait for the 5s or 6 itll be coming soon.

It's said the new iPhone will launch at September. I suggest you wait for some days.

With 4S you have a really good phone, wait and see what the next version has and you can always sell your 4S if you want, its still worth alot as iphones really hold their value.

It wasn't worth it before and it certainly isn't worth it now with a rumoured new iPhone launching next month. I would wait a bit.