Advisory : Payment Method - Cash or Credit Card or Instalment Plan

[yeshe]

yeah,if only loaded with that amount of CASH in your deep deep pockets!Lagi best buy house and pay FULL with CASH!

no no, for house pay full with cash no point since the interest is not cumulative like car loans. rather use the cash to invest and get more returns.

[louie]

Suitcases of $2 notes...

this fellow find trouble one!

[Darkangel]

This 1 lagi best

[116520]

Suitcases of $2 notes...

[louie]

Best is go buy car and pay full with CASH

yeah,if only loaded with that amount of CASH in your deep deep pockets!Lagi best buy house and pay FULL with CASH!

[Darkangel]

Wah I wanna try to do that 1 day. but it's kinda crazy. Slowly save first hehehe

[yeshe]

Best is go buy car and pay full with CASH

[louie]

cold hard dollar CASH!

[Darkangel]

Oh...if same price pay card better...can get points haha

[cedric]

With card for my sub... cos same price for both... so might as well.. pay with card..

[Darkangel]

Advisory : Payment Method - Cash or Credit Card

For me...everything only paid in cold hard cash...dun really believe in cards. More kicking paying with cash hehehe

[tomcatf]

cash is king .. if cash & card payment mode, the discount being the same. I will go for card payment, earn some pts mah. Can exchange for Cold Storage or Robinsons voucher one leh ! Smart consumer OR Cheapo Singaporean ? to each of its own !

Sharing the same thought. Bro how much you paid for TT sub?

[pingpong]

+1 esp for watches like Rolex where the price goes up like every 6 monthly.. u wait u gotta pay more...

say you are getting a $12k Rolex, sometimes it is quite heart ache to see ur saving account down by that significant amount which you took years to save.

if its interest free, why not? Firstly its easy at hand and you do not get a 'heart attack' when you look at your bank account.

To stretch your dollars further, you can down a lump sum and take up a 12 months interest free credit card installments.

eg for a GMT IIc which cost around $12k,

Rather than a lump sum of $12k, u can down half of it $6k, and spread your 12 months installment which will set you back $500 a month. Pretty affordable IMO.

U can to get your dream watch earlier than expected and beat that yearly Rolex 'inflation'!

However you need to be discipline as installment will mean that you are incurring a fixed expenses every month on top of your other misc expenditures.

BTW keep the installment tenure to 6 to 12 months. If u need 24 months to pay it off, i reckon that you put off the purchase till u have save a decent amount.

As mentioned by Red Devil, you can leverage ur remaining cash into other investment for real wealth accumulation, where such opportunity cost will be lost should you have use your 'whole' saving on that one special watch.

[evets]

Maybe some actually can afford to pay off one-shot, but leverage on the interest-free scheme, free the spare cash for some short-term investments ?

Just like buying hse/car

Just my guessing ...

say you are getting a $12k Rolex, sometimes it is quite heart ache to see ur saving account down by that significant amount which you took years to save.

if its interest free, why not? Firstly its easy at hand and you do not get a 'heart attack' when you look at your bank account.

To stretch your dollars further, you can down a lump sum and take up a 12 months interest free credit card installments.

eg for a GMT IIc which cost around $12k,

Rather than a lump sum of $12k, u can down half of it $6k, and spread your 12 months installment which will set you back $500 a month. Pretty affordable IMO.

U can to get your dream watch earlier than expected and beat that yearly Rolex 'inflation'!

However you need to be discipline as installment will mean that you are incurring a fixed expenses every month on top of your other misc expenditures.

BTW keep the installment tenure to 6 to 12 months. If u need 24 months to pay it off, i reckon that you put off the purchase till u have save a decent amount.

As mentioned by Red Devil, you can leverage ur remaining cash into other investment for real wealth accumulation, where such opportunity cost will be lost should you have use your 'whole' saving on that one special watch.

[Darkangel]

yeah .. easily burnt if one does not have the discipline, 'cos temptation out there is very strong you see so many branded boutiques landed along Orchard stretch ... and LV @ taka is always crowded !

Branded boutique does not mean that..will get easily burnt and ppl hav no discipline.

That's just 1 side of the story

cash is king .. if cash & card payment mode, the discount being the same. I will go for card payment, earn some pts mah. Can exchange for Cold Storage or Robinsons voucher one leh ! Smart consumer OR Cheapo Singaporean ? to each of its own !

Same...if card and cash no diff I will ask my dad use his card