Jimmy Choo Has anyone ever bought a JC bag and 'owed' on it for a long time +
- Thread starter mammab
- Start date
No. It's a bad idea to put yourself in credit card debt for a trivial purchase. I hate to be harsh, but this is the reason why people get themselves into money troubles. You should NOT compromise your financial security for a handbag, it's an irresponsible thing to do.
I was never into bags back when I was younger and when I was old enough to lust after bags, I barely had enough to survive 
Now that I am in a position to buy the nicer bags, I still refuse to charge a bag unless I can pay it off at the end of the month. I do however charge a bag on occasion when my various CC companies offer a 0% interest rate for 6-12 months 
BUT I still ALWAYS make sure I can manage all my other financial and family commitments first. Luxury items are great, but getting in over your head is NOT and I would not recommend anyone doing it unless they are sure they can meet their previous obligations
One final note, make darn sure it is a bag you are going to love in a year when the bill is finally paid off!
Now that I am in a position to buy the nicer bags, I still refuse to charge a bag unless I can pay it off at the end of the month. I do however charge a bag on occasion when my various CC companies offer a 0% interest rate for 6-12 months BUT I still ALWAYS make sure I can manage all my other financial and family commitments first. Luxury items are great, but getting in over your head is NOT and I would not recommend anyone doing it unless they are sure they can meet their previous obligations
One final note, make darn sure it is a bag you are going to love in a year when the bill is finally paid off!
^ITA. I would never go into debt for a bag, no matter how much I lusted after it. Many times, it'll eventually go on sale anyway. You just have to be patient enough!
*broken record here* I've not used a CC for any reason in three years. My goal is 5 years. If you can't pay it off at the end of one month, I think that's too scary.
Anything could happen between now and next year. I'd be too worried to enjoy the bag. Just my 2 cents
Good luck with whatever your decision.
Anything could happen between now and next year. I'd be too worried to enjoy the bag. Just my 2 cents
Good luck with whatever your decision.
Take a look at this site: http://www.consumercredit.com/CC-interestCalc.htm
It calculates how much interest something will cost you and how long it will take to pay off.
Really does reinforce what everyone here says.
It calculates how much interest something will cost you and how long it will take to pay off.
Really does reinforce what everyone here says.