Cash or credit

it depends. if its just small item, i buy in cash but if its for appliances and other expensive things, i usually use credit. Though lately, due to lack of cash, we're using a lot of credit and have it in kiting.

Welcome to mylot Yes i have lot of money, i always buy things paying cash, rarely use credit card, credit card i use only when i am out in some other city, but i payback instantly when i am back in my home.. Thanks for sharing. Welcome always. Cheers. Professor

well for me i also planning to buy a car or motorcycle , and im also thinking whether cash or credit, i just checked about the differences between cash or credit.For my opinion if you have money in your pocket or you earn something big that you can afford to buy a motorcycle or car , buy it with cash ,no interest,no obligations to pay every month, and also no more thinking every month where i can get the money to pay for the installment.That is the advantage of cash.But if have no money or small saving sonly just for the downpayment well just get a installment,But if you buy with the installment of coarse there is interest for how many month you will pay i think its triple or double the prices of the original.And also if you didnt pay it every month i think the bank will take the item.

uhmm. for me its a big cash. . hehe its because, for me it is not about time, and im not in hurry to have motorcycle or what. for me it is better to go on cash so that i could save more. rather than to have MVehicle instantly but then suffer for a long period of time paying your debts. it is good also to go on credit but then it is more hassle, there's an interest in your payment and you need to sacrifice some amount of money in order to pay the interest. In the question IF I HAVE A LOT OF MONEY. then, it is obviously that u go on cash. because you have the right money now, and you don't have to go in credit, credits would just ruin u.. hahaha lol.. well, hope this could help..