My Debt Blog

The whole concept of have now, pay later has always bothered me, but sometimes things need to be replaced quickly. I should be saving money to probably just buy a washer and dryer. The washer is not very old but very cheap, and the dryer is very old and expensive to operate (both came with the house.) I thought about just continuing to use them until they just break down and we’ll get something else, but my wife does not like that idea. If these things break, we might not be at the point to replace these things. I’m trying to find ways to avoid financing this purchase besides just saving for it.

On the upside, Sears is currently offering no interest, no payments for a year, so technically the purchase will not cost me anything in the end, as long as I pay it off before that year expires. I did the same type of deal with my stove and paid that off in March. At the same time I wonder if having newer and more efficient appliances will help save me money on my utility bills. I do most of the laundry (I’m a guy too, I know it’s rare) and wash nearly everything in cold except the under things and socks I use warm. My dryer takes sometimes 2 hours just to try an average size load of laundry, and it’s a gas dryer. The little knob on the dryer is broken too so sometimes the stupid thing doesn’t turn off and will run much longer than necessary, which is a huge waste of money.

This has been going through my head lately while at the same time I’m trying to pay off my debt. It’s really hard to move forward if you fall backwards and get deeper in debt. I hate pretending to own things but at this point I might not have a choice. My wife likes the idea of new appliances because she also thinks they add value to the house. I don’t think an appraisal of the house would be any different based on the appliances in it. They would probably help drive a better offer some day when we’re ready to sell. I hate justifying this stuff to myself it is driving me nuts.

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