> Why not just put it into my own savings account and at least get interest on it? Because if it's immediately available in a savings account, the vast majorit

> Why not just put it into my own savings account and at least get interest on it? Because if it's immediately available in a savings account, the vast majority of people are much more likely to spend it on something else. The appeal of layaway is the willpower enforcement - worth the price of whatever pocket change you're likely to get in savings-account interest.