AT&T Next (new plans)

[Closingracer]

I am reluctant to hijack this thread, but since you asked...

It's just how I was raised. If you want something, save for it and pay cash. If I fall on hard(er) times, then I can forego the purchase and keep the cash for another, more needful purpose. It would probably rock your world to know that I also do that when buying a car. I pay cash, then make payments into a savings account to enable me to purchase my next car. I do have a mortgage (owe less than $30k on a $400k house), but other than that, I have zero debt and none of my future earnings are committed. I have credit cards that I use and pay off each month... and a credit rating well over 830.

One of the biggest issues facing our kids today (and our country) is outrageous debt and the overwhelming sense of entitlement. I was raised to believe that if I can't pay cash, I then I have to wait to get "it', whatever "it" is.

(climbing off my soapbox... but you did ask, sort of.)

Uhhhhh what? I have credit cards and use them exclusively unless a place only takes cash and I'm not in debt. If I'm going to spend cash might as well get something back. That's why I have around 60,000 miles with AA and 100,000 points with Hilton..... Plus if your financing a phone with no interest for 24 months why shell all of the money now...... Makes no sense when you can use that cash to invest. I know such a radical idea......

 

[Closingracer]

I am in somewhat agreement with this BUT, paying cash (literally)(and I'm not implying you do this) is usually not financially the smartest way to buy something. If you have the money in your account (like I agree you should) then paying with a credit card is almost always smarter. If you've done your homework you automatically get rewarded by cash back or FF points or what ever is of more value but at the very minimum cash back.

Looking at this from the NEXT point of view, I see no financial disadvantage to using a zero interest loan to eventually purchase the phone.

I do see an advantage to buying it outright with a credit card as was mentioned earlier which is a two year extended warranty.

Or better yet app for a new credit card which offers around 12-15 months of zero interest and pay it off by then and you'll get both. This assuming you are looking to get a new credit card as well..... I still think it's better to not spend $600+ if you don't have to all in once.




Also leasing a car could be better financially if your the type of person who wants a different car every few years or don't want to deal with long term maintenance like you would of you own the car for over 5-7 years +

 

[Peter K.]

...and that has nothing to do with the topic of this thread.

So, commenting on the content of someone else's post is not allowed unless it is on topic? I've called scalpers out before in non-scalping threads.

 

[C DM]

So, commenting on the content of someone else's post is not allowed unless it is on topic? I've called scalpers out before in non-scalping threads.

Seems like it doesn't really contribute anything to the discussion, does it?

 

[Peter K.]

Seems like it doesn't really contribute anything to the discussion, does it?

Look, I am not interested in getting into an extended tit-for-tat with you.

I detest those who take value out of society without replacing it and call it out wherever I see it. Many agree with me, while many others do not. I find it interesting to see who and how many feel either way.

 

[C DM]

Look, I am not interested in getting into an extended tit-for-tat with you.

I detest those who take value out of society without replacing it and call it out wherever I see it. Many agree with me, while many others do not. I find it interesting to see who and how many feel either way.

Seems like we are in agreement about what I mentioned then.