What ended the story about the washing machine on credit

Financial management experts say that credit It is bought only by people who do not know how to manage money properly. Like, if a person even buys a conventional refrigerator or TV on credit, he is a spender. After all, in this way, he spends not only existing money, but also future income. Taking money from their own future. But how fair are these claims?

Today's edition. "Site" He offers to talk about whether it is so bad to buy on credit the things necessary for the house, if now it is not possible to pay the full amount. Is that really reckless? Or are people who refuse to take any loans just making life harder?



Yesterday for the first time after Easter went to the store. Near the cash register I heard a curious conversation between two women. The first one said her washing machine had broken down. It has been broken for a long time, at the end of winter. And there is an old model that not everyone can repair, some spare parts are needed. So she decided to buy a new one, collecting money. But until the whole amount is collected, it washes with hands, Maria writes.



“Her interlocutor was very surprised. She said a phrase that made me unwittingly take a step back: ‘How, Luda? You have a big family, and you've been washing everyone with your hands for three months. It's the 21st century. How is that even possible?!

“The first woman was noticeably embarrassed and began quietly to justify that she had no way out. You need to save a little more, for the summer will make a purchase. Then the astonished interlocutor began to ask why Luda would not buy at least an inexpensive washing machine or take something decent, but on credit?



"Credit"? Well, you'll say it too. I still lacked credit. I'd rather spend another six months in the basin washing with my hands than be in debt. Then, because of these percentages, worry, do not sleep at night. No, thank you, I'll do it.

I was going home, but this conversation was going on in my head. I think of my neighbors below who are always on credit. And both husband and wife work, earn decent money and live well. They have modern equipment, and the car has recently changed, and they spoil themselves with new gadgets. They also manage to raise a child.”



“On the one hand, they don’t seem to deny themselves anything, but, as far as I know, they don’t have any savings either. And often already a couple of days before receiving a salary, they have money only for the most necessary. But they do not complain, they live comfortably, for pleasure.”

And there are people who save on literally everything, every penny is saved, a child will not buy ice cream. They do not dare to think about any loans and do not get into debt. But for some reason they do not become happier from such “independence”.

“I feel sorry for that woman in line, Luda. I'd rather take a loan if I were her, but I'd buy that poor washing machine. This is a purchase for the whole family, not just for the hostess. In extreme cases, you can buy a used washing machine. But don't wash with your hands. It is not to respect oneself, marvels Maria.



Perhaps people are afraid to take loans for a reason. Perhaps it is a negative attitude towards any credit institutions (and even large banks). Maybe there was a bad experience with the same banks. This may be due to poor financial literacy.

And if the equipment on credit by a person is taken through a dubious organization in the same dubious store, and then the buyer also violates some points of the loan agreement (written in small print), then the conditional washing machine for him will really be gold.



But if you buy the necessary household appliances in a normal retail network in installments for 3-6 months, having dealt with all the points of the contract, then there should be no problems. And the overpayment will be minimal. Isn't that right?