12-29-2015, 02:10 PM
Thank you for the thoughtful response Whisperer. You make some very good points and spelling it out as 20% interest is an approach I hadn't considered - good thinking. yes, I know w/o a doubt my OT will cover this and I have absolute confidence in the products as I've purchased others. My credit card is still 0% and get cash back, so even if I didn't take all my OT to pay it off I still am not getting hit with interest, but like you, I prefer to live debt free.
Thanks again - hope you have a great new year
Thanks again - hope you have a great new year
(12-29-2015, 11:36 AM)Whisperer Wrote: Personally, I learned how to live debt free. To me, paying 600 for a 500 USD product is like paying 20% interest, which makes it a really shitty deal. So I will wait until I have the 500 and get it all at once. Although highly improbable, there may even be an updated version by then.
On the other hand, time isn't waiting around and it is a 192-day program, so being able to start as soon as possible may be worth the extra 100.
It's up to you to figure out, your priorities are your own. We're already in the final few days of the year, is starting now instead of one or two weeks from now worth 100 USD to you?
If you are 100% certain you'll be able to pay for it with your overtime, the only things holding you back are whether or not you believe the product is worth the money and whether or not you are disciplined enough to reserve that money for this goal rather than spend it on something else.
PS I don't know which card you would charge it on, but if I were to charge anything on my card now, it wouldn't be charged to my checking account until February. Most banks have already processed December.
