Questions To Ask Yourself Before Making A Big Purchase
- By
Julia Austin
Source: Brothers91 / Getty
Could I pay for it today?
If you are going to put this on a credit card, ask yourself what would happen if you had to pay it off today. You’re counting on making enough money by the end of the month to pay off the bill. Maybe you’re playing the dangerous game of spending more than you make each month now while enjoying the zero percent APR on your credit card for one year. But beyond the year, you don’t know how you’ll pay off the bill. This is how you get into major debt issues. Only buy things that you could pay for today if you had to.
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