Please Donate Toward The Purchase And Keep FR Up And Running!
I’ll agree. Same as cash is stupid. I bought my wife a $2500 tennis bracelet for our 20th 3 years ago on “same as cash” for 12 months. I was late by 2 days on one payment and interest was added automatically. Ended up costing me $2800.
I bought an LED TV from Best Buy on January 29th 2011. Term 48 months no interest. Deferred Interest is currently 317.02 @25.24% and it’s over half paid off.
I love Same as cash. Loved it better before the government stepped in and required min payments. Every stick of furniture in my house was bought same as cash. The store we use does not start interest until your initial term ends.
I prefer to call same as cash home layaway.
Safety deposit box with a revocable trust. A revocable trust is pretty standard in format in what is required, your add the particulars. I used LegalZoom.com added the above-will, investments, insurance- into a nice and tidy financial information package location. Came in a nice leather like bound binder,name on bookplate on front. Ran it by my attorney and she was impressed. Cost me around $250 and not $1500-- which an attorney group I was referred to as specializing in trust preps; plus they wanted to guide my investments [in the first few minutes of our meeting] into a local bank they thought would do a better job before they even knew what Financial Group I use..or even knew my financial/growth history. I didn't call back. That is how I came to use Legalzoom.com. Standard revocable trust with will, accounts etc which can be updated. Safety deposit box-safe and sound.
Dave still on the networks, noticed he was gone from FOX Business; but how many times can you say the same thing over and over on what should be logical thinking when it comes to spending, wants, needs =debt.
Reminded me to update a page in the trust and the will.
I don’t see the issue here. Be clear on the term. Don’t be late on payments. It’s not hard.
Make copies of everything in your “legacy drawer!” Put them in a safe deposit box or something. I’d hate to be so vulnerable to have all my important papers in one flammable, insecure location.