?

Log in

Backwards Hat

0% financing for 24 months.

Amazon.com offered me a sweet deal of 0% financing for 24 months on their big screen televisions.  I’m a huge fan of 0% financing, because I’ve never accepted such an offer without paying the loan off several months ahead of schedule.  OPM is excellent to use if you can be responsible about it and not be slammed with 24 months of back interest at the end.

That said, 0% financing on a television may be a fool’s deal.  Assuming I bought a $600 television, over 20 months it would cost $30 per month. Not bad, except that if I saved $30 per month for 20 months in a savings account, at the end of 20 months I would have significantly better, newer technology for the same price.  It’s really a matter of patience.

Payoff is no fun when what you’re paying off is yesteryear’s technology.

Comments

(Anonymous)

louis vuitton purse

Yes, the answer almost same, as well as at me.
Backwards Hat

December 2010

S M T W T F S
   1234
567891011
12131415161718
19202122232425
262728293031 

Links

Powered by LiveJournal.com