This month has been austracious in spending but I'm not complaining. We had birthday dinner for my wife last month. I also got a traffic ticket which i already paid. Paid off the annual payment for both the homeowner insurance & term insurance. Our 95 Altima needed a new radiator replacement include labor. Lastly, our old TV finally gives up on us. Replaced by a new plasma TV. We used our AMEX Costo card to purchase it for additional two year warranty and the rebate.
I'd pretty much paid off many items mentioned above except, the plasma TV. Sure we could have bought the lower cost model, but we really love this one.
Traffic ticket $507
include traffic school
Homeowner's Ins $406
Term Insurance $657
New Radiator included
labor $240
Plasma TV (tax incl) $2417
$4,227 Total Cost
Current balance now is $2814.00.
Option 1: Use the money in one of our account which has a balance around $1700. This balance is to pay our property tax due in December. We'll borrow from this fund to reduce the balance amount. By Oct 1st, this card is fully paid. This still gives us plenty of time to pay back before Dec.
Option 2: Make a $700 payment every two weeks until its fully paid. This will take us to mid November. The interest cost will probably around $20 to $30.
Which option you like?
We have a third option which is use our EF to pay it all off. But these aren't consider Emergency, so we shouldn't even consider it. Right?
Payment Option 1 or 2
September 10th, 2009 at 04:35 pm
September 10th, 2009 at 04:58 pm 1252598319
It's certainly not an emergency, but hell if I'd pay interest if I had cash in the bank! But Option 1 is good - you may be extra motivated to save it back up.
September 10th, 2009 at 05:09 pm 1252598981
September 10th, 2009 at 06:53 pm 1252605232
Oh, as for the options, it seems like you'll be fine either way. But yeah, if you don't have to pay interest, then I don't see why would want to.
September 10th, 2009 at 07:34 pm 1252607644
BA
Yes I bought the new Panasonic 58" V10 model. We watch a lot of movies/blu ray so the color and deep black matter a lot to me. One thing I like about this TV is I can access youtube which is very nice.
I know you didn't ask for my opinion but here's my thought. By the way, I've done about 3 months of research before I bought my new panny. If your looking for the best plasma, go Panasonic all the way. Look for the S & G10. They all carry 42". The cheaper will be the S model (under $1K). Costco carry this model. Next is the G ($1199). If you want access online via TV, stick to the G or V model.
If you preferrred watching Blu-rays movies a lot and don't mind spending $1800 or more based on the size i'd go V10 all the way.
But if you want large screen for the best buck, I'd go LG all the way.