How to make that big purchase more affordable 

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Use This 3-Step Plan  

To avoid paying interest 

Have you noticed how nothing is really affordable anymore? Sure, inflation isn't as high as it was, but it's not like prices suddenly dropped.

 

Instead, we're stuck trying to pay for everyday expenses while putting off bigger purchases, like that new washing machine.

 

The good news is there's a tool that lets you spread out the payments without burying you in interest. It's a 0% APR credit card. We have a simple way to use one to make a purchase, pay it off and avoid the interest:

 

  1. Apply for a card with a 0% APR intro period of at least 15 months (all the cards on our best list check that box).

  2. Divide the cost of your item by the length of the intro offer. Let's say $750 for a washing machine (once you include tax, delivery fees and the hose that's always sold separately). So $750/15 = $50/month

  3. Pay at least that amount each month, tacking on any extra as you can so you're sure you've paid off the balance before it starts accruing interest.

 

This doesn't exactly solve the bigger issue of affordability, but it can help make one purchase more affordable for you.

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