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Some people are debt adverse. I would not even be bothered to go through the financing hassle for the few tens of $ of interest that would yield.
by epolanski 4y ago
Some people are debt adverse.
I would not even be bothered to go through the financing hassle for the few tens of $ of interest that would yield.
- Dylan16807 4y agoIf you have the money upfront and invest it in something safe, then it's not "debt" in any way that matters. As far as effort, if it's a high-yield savings account you should be getting one of those anyway, and then the phone-specific effort is a single transfer or doing nothing at all. And the financing itself is probably negligible.
- epolanski 4y agoI don't have a savings but an investment account. Doesn't make sense to me to sell my investments slowly to cover for monthly payments. If we were talking a car I would've agreed with you but I'd rather pay upfront for such smaller sums and get on with it.