Just bought an Engagement Ring on My Credit Card

I just bought a very nice engagement ring, fortunately my fiance loves. I was putting off asking her to Marry me as I wanted to get her a good quality ring, but I didn’t want to increase my credit card debt. So here is what I did…..

I paid for it on my credit card.

Crazy but I had a plan

1. Saved two thirds of the price before hand.

2. Waited till my credit card interest period ticked over so I got the full 55 days interest free period.

3. Didn’t buy it until I knew I had the cash flow to pay it off the interest free period expired.

Win Win for everybody.