I like the zero percent installment plan. I can get the watch, use, but pay monthly. The balance money can be put in fixed deposit and still earn interest
Agreed, you can always maximize your payment by arrange your FD as below.
i.e bought a watch with 12 months installment
each months have to pay RM 2k.
you will earn more by
put 2k in 12 months tenure
put 2k in 9 months (after expired) + 2 months tenure
put 2k in 9 months (after expired) + 1 months tenure
put 2k in 9 months
put 2k in 6 months (after expired) + 2 months tenure
put 2k in 6 months (after expired) + 1 months tenure
put 2k in 6 months
put 2k in 3 months (after expired) + 2 months tenure
put 2k in 3 months (after expired) + 1 months tenure
put 2k in 3 months
put 2k in 2 months
put 2k in 1 months