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Why You Should Buy Computers With Cash

By Linda in IL

My computer broke down in 2004, and I just had to have a new computer, with a price tag of $1,500.

Why $1,500? That's how much I got financed!

So, I got the stupid thing, and not reading the fine print, I've been paying over 30% interest for five years! The bill has never been below the original $1,500 because of late fees and payments over the years.

I realized that over five years, I have paid for that $1,500 computer at least 10 times! Talk about stupid tax!

Don't let this happen to you! Learn how to create a budget now.

Ramsey Solutions

About the author

Ramsey Solutions

Ramsey Solutions has been committed to helping people regain control of their money, build wealth, grow their leadership skills, and enhance their lives through personal development since 1992. Millions of people have used our financial advice through 22 books (including 12 national bestsellers) published by Ramsey Press, as well as two syndicated radio shows and 10 podcasts, which have over 17 million weekly listeners.

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