Thanks again for the tips everyone. I guess I can live with the fact that it's life will reduce. Hoping that it will survive atleast a month or two so that I can find some money for a replacement phone. For now the Samsung Galaxy Ace 2 has caught my eye, and it doesn't seem to be too expensive.
800MHz Dual-core processor
4 GB Internal memory
GPU: Mali, 400MP
In my currency it is 499 bgn, that in dollars is $325. Do you guys think it's worth it?