Comments on: Stop Buying Stuff with the Payments Mentality http://notmadeofmoney.com/blog/2008/08/stop-buying-stuff-with-the-payments-mentality.html Save Money - A Personal Finance Blog By A Husband And Wife Sun, 14 Mar 2010 15:55:32 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Interest Free Payments…are they a bad idea? | The Happy Rock http://notmadeofmoney.com/blog/2008/08/stop-buying-stuff-with-the-payments-mentality.html/comment-page-1#comment-143167 Interest Free Payments…are they a bad idea? | The Happy Rock Fri, 22 Aug 2008 11:31:23 +0000 http://notmadeofmoney.com/blog/?p=669#comment-143167 [...] Not Made of Money posted a nice piece about not buying stuff with a payment mentality. [...] [...] Not Made of Money posted a nice piece about not buying stuff with a payment mentality. [...]

]]> By: Monroe on a Budget » Weekly money blog roundup http://notmadeofmoney.com/blog/2008/08/stop-buying-stuff-with-the-payments-mentality.html/comment-page-1#comment-142632 Monroe on a Budget » Weekly money blog roundup Wed, 20 Aug 2008 21:36:05 +0000 http://notmadeofmoney.com/blog/?p=669#comment-142632 [...] Made of Money presents Stop buying stuff with the payment mentality: “Because you always have a payment to make, you are never able to save up enough money to [...] [...] Made of Money presents Stop buying stuff with the payment mentality: “Because you always have a payment to make, you are never able to save up enough money to [...]

]]> By: DD http://notmadeofmoney.com/blog/2008/08/stop-buying-stuff-with-the-payments-mentality.html/comment-page-1#comment-142619 DD Wed, 20 Aug 2008 20:39:20 +0000 http://notmadeofmoney.com/blog/?p=669#comment-142619 I couldn't agree more that its a good idea to get rid of payments. But what about interest free payments? Lets say I saved up $800 for a new Whatchmacallit (which costs $800). I go to the store and they are offering interest free payments for purchases over $500. Should I pay in full, or should I stretch it out? I'll confess that the last 3 times I had this option, I chose to spread the payments out. I couldn’t agree more that its a good idea to get rid of payments. But what about interest free payments?

Lets say I saved up $800 for a new Whatchmacallit (which costs $800). I go to the store and they are offering interest free payments for purchases over $500. Should I pay in full, or should I stretch it out?

I’ll confess that the last 3 times I had this option, I chose to spread the payments out.

]]> By: Scott @ The Passive Dad http://notmadeofmoney.com/blog/2008/08/stop-buying-stuff-with-the-payments-mentality.html/comment-page-1#comment-142182 Scott @ The Passive Dad Tue, 19 Aug 2008 17:56:27 +0000 http://notmadeofmoney.com/blog/?p=669#comment-142182 Buying a TV or new Car are excellent examples. I love not having a car payment, and enjoy using the money saved on a monthly payment to apply towards our emergency account. So many ways to save, if we defer having new toys. It's not easy, but very rewarding. Buying a TV or new Car are excellent examples. I love not having a car payment, and enjoy using the money saved on a monthly payment to apply towards our emergency account. So many ways to save, if we defer having new toys. It’s not easy, but very rewarding.

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