Comments on: Beware Promotions In Sheep’s Clothing http://www.bargaineering.com/articles/beware-promotions-in-sheeps-clothing.html personal finance blog with anecdotes, advice and commentary. Sun, 12 Feb 2012 22:21:00 +0000 hourly 1 By: Mrs. Micah http://www.bargaineering.com/articles/beware-promotions-in-sheeps-clothing.html/comment-page-1#comment-263972 Mrs. Micah Wed, 09 Jul 2008 20:03:07 +0000 http://www.bargaineering.com/articles/?p=2683#comment-263972 Every time they ask me at a store if I'd like to open a credit card, I do a mental calculation of what I'd save on it. Sometimes the person even tells me (I think Target has a system for popping that info up on the screen). I don't plan on ever getting a store card, but it reinforces the idea to realize how <em>little</em> I'd save on average. Every time they ask me at a store if I’d like to open a credit card, I do a mental calculation of what I’d save on it. Sometimes the person even tells me (I think Target has a system for popping that info up on the screen). I don’t plan on ever getting a store card, but it reinforces the idea to realize how little I’d save on average.

]]> By: Kevin http://www.bargaineering.com/articles/beware-promotions-in-sheeps-clothing.html/comment-page-1#comment-263942 Kevin Wed, 09 Jul 2008 16:51:53 +0000 http://www.bargaineering.com/articles/?p=2683#comment-263942 About 15 years ago I got bit on the no interest for two years plan. Why not put the money in an interest bearing account and draw down on it as the two years go by. We make 18 out of the 24 payments on time and then poof, they "don't get" my 19th payment. No biggie I send another check in. What a surprise I get the next month when I am charged the interest all the way back to the beginning. What I paid in interest and time lost fighting with them was a pittance compared to what I got from my 2% savings account. Never again. About 15 years ago I got bit on the no interest for two years plan. Why not put the money in an interest bearing account and draw down on it as the two years go by. We make 18 out of the 24 payments on time and then poof, they “don’t get” my 19th payment. No biggie I send another check in. What a surprise I get the next month when I am charged the interest all the way back to the beginning. What I paid in interest and time lost fighting with them was a pittance compared to what I got from my 2% savings account.

Never again.

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