Busting this debt before 42

Chocolatefund

So after much thinking and number crunching I now have myself a new MacBook Air.

I tweaked my spreadsheet around to see how much I could afford while still being able to overpay the loan and keep putting money away in my SIPP, ISA, emergency fund and sinking fund.

Apple had a very tempting offer of £30 something a month at 4.9% interest over 3 years. But my stomach churned at that idea. A little digging shows that they do 0% interest over 12 months, so that what's I've gone for. The laptop is £125 per month. I debated about paying it outright with my shiny and/or emergency fund, but decided to take advantage of the 0% offer.

It's too easy to get into debt. It felt far too easy to apply for that finance. I realise that I could have gone for something far cheaper, but I do absolutely love my new laptop. So much better to have a bigger screen and a proper keyboard to type on. Didn't realise how much I missed having a laptop.

So my debt has technically increased by £1500. Sounds a lot for a laptop. Went for the bigger size and increased the ram spec due to the ram shortage in the world at the moment. Things are not going to get cheaper. Will update my signature to keep me accountable.

Almost at the end of March. It's not been a good month spending wise. Will calculate the damage over the weekend and do an end of month round up on Tuesday payday.