That’s like asking how Dave feels about debt. Same answer. (Hint: It’s dumb!) Financial plans like 90-days-same-as-cash or one year, no interest are designed to get you to buy more than you’d normally buy if you were paying in full right then. In fact, 88% of the 90-days-same-as-cash contracts convert to payments.1 When this happens, 90 days isn’t the same as cash, now is it? And get this—they’re usually at 24% APR! So, what should you do? Save up enough to pay cash for an item, then buy it. It’s that simple! Remember, you can also negotiate with cash and get a far better deal.
