No. of Recommendations: 1
I must agree that if 0% financing is a lure towards an expense NOT budgeted nor pre-saved, it is a danger and not a safe financial maneuver

I agree completely with your post, but I was trying to get at something a little more subtle. I could afford my purchase, and I had actually pre-saved for it out of my combat pay. What I learned about myself was that the fact that I was swayed by the 0%, and was deluded into thinking I was making a smart purchase when really I was buying something I didn't need. I am usually pretty critical of marketing, but had always separated finance & marketing in my mind until now, so I feel I was convinced to buy something because of the financing, when, if I had to pay for it out of pocket I would have not bought it, or at least looked for a cheaper deal.
Print the post  

Announcements

UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement