Friday, December 26, 2008

Always Plan Major Purchases

The pressure to buy during “sale season” should definitely be avoided. People end up getting deeper into debt when they indulge without considering the payments they have to do the following months even years. The result is they don’t make the interest work for them at all, when they actually can.

If there is a certain appliance, for instance a television set that needs to be replaced, one can actually wait for one of those “great sale events” for tv deals before actually purchasing a new set. And while waiting save up for that particular appliance. This way you get more value for your money.

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