Save for a big purchase instead of financing it

Furniture, electronics and appliances are often sold with monthly payment plans. Saving first usually costs less and gives you more choice.

How

1. Decide what you want and roughly what it costs
2. Set a target date and work out the monthly amount
3. Watch for sales near your target date
4. Buy when you have the cash

About "0% interest" offers

Some store financing offers charge all the deferred interest if the balance isn't paid in full by the end of the promotion. Read the terms carefully.

General educational information, not financial advice. Rates and fees change; check with your bank or credit union. Nickel Savings isn't paid by any bank or financial company.