Quote:
Originally Posted by LuckyNumber
1600 now should be a lot more than 2000 in 3 years inflation adjutsed and compounded, even at official inflation rates! Think present and future value of money.
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buy somthing at 1600 now ready better than paying 2000 instalments for 2 years
just do NPV and u will see what big difference it makes
most importantly this money is jammed and cant use it in anything keeping it to use it for istalments so you earn nothing on it while waiting to pay for the next instalments , that is if you get stuck and cant flip it fast