Decided it was time to get a new bed set as my current one is 16 years old and causing health problems (I'm 20), found one at Sleepys for $812 total (mattress, box spring, frame, shipping). I didn't really want to just drop the money all at once on it because that's like 2/3 of all the money in my bank account, the salesperson said I could pay it off monthly, I thought that financing was a fancy way to say layaway so I agreed to it and didn't realize I was actually applying for a credit card until it was confirmed. I will admit that I really should have paid more attention there.
I still live with my mother and only pay $87 total a month for the phone bill and gym membership, I make about $7 an hour in a state where the minimum is $11 because my boss is a literal Mr Krabs (only took the job because I was flat out broke, in the process of getting a new one). If I have the money and no utility/rent bills to pay, should I just flat out pay for the whole thing now? I really don't want two credit cards, especially from different banks.
I apologize if this is a dumb question but I've seen a lot of mixed responses on financing.
EDIT: Going by you guy's responses, it would be in my best interest to pay off the whole thing right now. Thank you all for the swift and helpful responses. Consider this matter settled.
Submitted February 19, 2017 at 11:14AM by uncouth_youth http://ift.tt/2lzfcap
