Reply to buying furniture and paying for it over 18 months

Forum Index » Money and Finances

Reply to "buying furniture and paying for it over 18 months"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]The only downside is if something should happen and you can't pay it off within 18 months - usually there's a hefty interest (that might retroactively apply to day 1!).  So that's the get - there will be a percentage of people who end up paying significantly more.

It's also possible there are deeper discounts at other times, and you're paying 'hidden interest' by paying slightly more.

I disagree a bit with the poster who said if you can't pay it in cash now, don't buy it.  18 months is along time.  i'd say if you have half now, and a reasonable plan to cover emergencies and also regular payments, then go for it.  It's a bit of instant gratification, but if you're smart and strategic with money and capable of making regular payments without falling behind, it's interest free money.  [/quote]

OP here. We do have savings and college and emergency and retirement - all that stuff. It is totally instant gratification - and also knowing that my ability to get stuff done is highest right when we first move in because life starts happening once we are in there, and I start getting lazy and not decorating any longer. :) But good points about the hidden interest - I'm going to check that out.

But you others are right - if we don't have it now, we should probably just save for it. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics