What if you were able to come out of this time of social distancing and economic crisis with a stronger and healthier financial life? What if you looked at this as an opportunity to take a little bit of your extra time each day to work on your finances?
Credit Card
0% Financing
3 minute read
Last year when I bought Amanda’s engagement ring they put it on a 0% interest loan even though I was never asked if I wanted the 0% interest deal or if I wanted to pay in full. Even though I wasn’t asked if I wanted the deal, I would have taken it for several reasons: I had enough money in my account to pay for the ring in full, my bank account earns more than 0% so I could keep my money in there during the meantime and earn a little bit instead of earning nothing on Amanda’s finger, and I’m disciplined enough to pay it off in time. The problem with this situation is that as I was speaking about it with someone last week I realized how shady the situation really was.
