Negosentro | How To Finance My Computer? | If you’re in the market for a new computer, then you might have been discouraged by the price tags on them. Computers can be extremely expensive, especially if you need something powerful enough to handle your work or if you’re looking for a gaming computer that will play all the latest AAA game titles without slowing down or lagging. Thankfully, there are plenty of ways to finance a computer – from setting up a data driven financial goal to apply for a payday loan in Canada – so you can get your dream computer or laptop without needing to break the bank. So, without any further ado, let’s dive into the five options to consider when you want to finance a computer.
5 Ways to Finance a Computer
Advancing computer technology has made computers ubiquitous, but purchasing one is still far from an impulse purchase. Indeed, you can expect to shell out a few hundred dollars for even something as basic as a tablet. Thus, financing your computer may be your best option—and it’s surprisingly easy and affordable too! Here are five ways you can finance your computer purchases with ease:
1) Set Financing Goals
Before you start shopping for your computer, think about how much you can afford to spend and set goals based on that. As noted above, computers can be quite expensive, so it’s important to get an idea of what you’re willing or able to spend before you start shopping. If you just want something basic, then try not to go beyond $500 or $600—but if you need something that will help you handle high-intensity tasks like running 3D models or games (or more than one program at once), they expect that price tag goes higher (like in 1000’s). When figuring out how much money for your computer, also consider how long it will take for you to pay off your debt if financing isn’t an option—and remember that interest costs add up quickly.
2) Use Retailers’ Interest Rebates
Many big-box retailers offer interest rebates if you use their financing option. These rebates can help bring down your overall price and make financing your computer more affordable. For example, Walmart offers up to 5 percent back in interest on its purchases with its Walmart Credit Card. That may not seem like much at first glance, but it can add up quickly over time—especially if you’re paying for an expensive item like a computer. A 5 percent rebate means that you pay $95 of interest instead of $100 (assuming no other charges), which may sound small but could end up saving you hundreds or even thousands of dollars by making it easier to pay off your credit card bill at month’s end. So look into interest rebates when you want to learn how to finance a computer through a retailer.
3) Consider Student Financing Options
Not only do students qualify for lower rates on all sorts of financial products thanks to special financing offered by retailers and lenders alike, but they also have access to several student-focused loans specifically designed to assist those pursuing higher education. These options can help you finance your computer while giving you some extra money to spend during your college career as well. For example, consider Apple’s student discount offer that any degree-seeking students may qualify for (regardless of whether or not they purchased their computer from an educational institution). In most cases, these discounts average about $200 off each purchase; so, if you wanted a MacBook Pro ($1,600), then your new laptop would only cost $400. As with retail rebates, small rebates like these may seem minor but will add up quickly over time—and save plenty of cash in interest costs as well.
4) Don’t Get Carried Away
When you have your heart set on a specific computer, it can be hard not to overspend. That’s why it’s important not only to figure out how much you can afford to spend but also to stick to that number. If you don’t have much in savings, then think about financing options; if you do have more cash available, then buy yourself something else—like a new camera or even groceries for your next month of meals. The key is not getting carried away with your must-have lists and setting some strict limits for yourself as well as looking into financing options when and where you can.
Shopping for computers can be challenging, especially when you’re just starting out and don’t have much money saved up—but it doesn’t have to be. From setting your own financial goals before shopping for your computer to looking into special financing offers from retailers and lenders alike, learning how to finance a computer is as easy as following some simple steps. Just make sure that you follow those steps, and you may find yourself with everything you need in no time at all.