Originally Posted by
wolfchild
Even with 0% interest it still makes no sense to me to be putting yourself into unnecessary debt by purchasing a bicycle on credit. Why add unnecessary monthly payments when you don't really have to ??
This has been explained once already.
It frees up money over a 6 or 12 month period that can be invested in a 401k or IRA which has, on average, a 10% or greater return rate.
It would be nice if our public school system educated people more on economics and finance.