Buy Cash Or Credit
By antoniusandy
@antoniusandy (2)
Indonesia
April 18, 2007 12:19pm CST
Maybe above situation are very common in our life when we want to buy something in quite high value for example TV, motorcycle, cars, computer etc.
Just want to know which option will you choose for payment in such item as the situation make us really thing how valuable that money is or show how good we make a financial planning.
Any tips maybe? as many people sometimes get trap in this common situation especially the credit card holders.
1 person likes this
1 response
@Hgateway (204)
• United States
18 Apr 07
For big ticket items, I normally pay by credit card for two reasons. 1. it delays my payments till end of the month and 2. I use rebate or reward card, so whatever i charge on it I got bonus back. Recently, I just used my reward points to claim a SONY digital camera.
I'm sure there are plainty of reward gas rebate card out there that you can save some $$ on high gas price. For all chages I made, I also pay all when payments comes, since it's not worth to pay such high interest for whatever the items you buy.
@salam1 (1474)
• Malaysia
18 Apr 07
This is an example of a smart way of using credit card. Even though credit card has bad reputation, I meant many people bankcrupt because of this card, it proves here that if we use credit card wisely we will get benefits of it. Hgateway, I will paste your comment in my blog www.money20.blogspot.com , without forgetting to put your name. Feel free to see.
