Hey.
I thought purchasing a house vie home mortgage and car under hire purchase is the norm.
So pursuing your dreamt watch vie interest free installment is ok?. After all its an honest payment as you are paying the principal sum minus the interest...Remember the theme...enjoy now and pay later...under your means...as long as you don't have to pay through your nose...
e.g; Buy (now) that Sub Date now vie 12 months interest free payment, or save up for another 3 years to buy the same watch (only to find that the watch had increased by say...30%) by then . and continue saving??. You tell me, which is a better choice?
Would you save for the next 20-30 years to buy your dreamt house in cash??. I don't think so...ok, I know..it a matter of perspective, but then again, life is short...how many times ten years a human got??
So relax and take things easy, pay within your means and enjoy your life to the fullest....what say you?
2 cents worth.
dc