The True Cost Of Paying The Minimum

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  • Wow, look at this great new Phone Gadget.
  • But i don't have the cash for it... wait... I have Credit.
  • Hey, dude i can sell you that right now for 75 bucks.
  • I am really glad i had my credit card. now i just have to pay the minimum and it will be paid for eventually.
  • Six months later
  • Well i got to say that i dint realize that i would still be paying for that gadget. They put interest on my purchase so it is costing me almost double what it was worth.
  • Paying the minimum is paying the price... and more.
  • So, Plan ahead and pay a price that works well for you and get it paid off within about three months at best.
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