what frugal geeks do with a spare 15 minutes [day 205]

In a creative-type job, if you have an extra 15 minutes, that’s just play time.  It’s not enough time to start a project, because in 14 minutes, you would just be getting into your creative zone, then have to stop.  Frustrating!  While Jerod and I were waiting for a meeting start, he was shopping for an HDMI coupler and I was doing my social media stuff.  I heard Jerod laugh and say he was going to finance an HDMI coupler for 36 months.  Honestly, I didn’t heard a thing he said after, “…I’m going to finance…”  Jerod wouldn’t finance anything if his life depended on it.  Then I understood why he was laughing.  This thing he needs costs $16.99 and they offer financing plans.  Check it out.

So, with the other 13 minutes, he researched the financing terms.  He only has to pay 1% of the balance per month with an annual percentage rate of 25.24%.  This is a church item, so it would have no tax on it and the monthly payment would be $.17.  If you chose this plan, you would never be able to pay it off, as you would be accruing debt for the rest of your life.   Continue reading