How would I pay for a laptop?

Dave!

Hey folks,

I feel kinda silly posting this in this forum since it seems to be more about buying houses, businesses, etc If it's the wrong forum, then if a mod could move it to a forum that might deal with this kind of thing (banking?)

How and ever, I'm a 1st year in college, and my computer science course is 4 years long, so I figure it'd be a good investment to get a laptop now -- and plus, I want one

I haven't researched too much (I will), but it looks like it'll cost me between €800 and €1400, which, as a student, is money I don't have on hand!

I've got about €600 in the bank at the moment (my birthday is just gone), I'm working part-time and earning around €90 a week, and from about June til mid-August, I will hopefully be working full-time at a different job (assuming I can get one ).

I haven't really got any financial responsibilities, since I live at home, and have gotten by without needing too many books so far. I would like to go on holidays this summer, though, so that'll be about €1000, mas o menos.

Loads of students buy laptops all the time (half of my classmates do anywho), and I'm just wondering how!

I don't want to wait until the summer since I've got plenty of time this semester that I could use it for.

So I was wondering is it possible, for example, to pay €10-15 a week, and then when I'm working full-time, or have enough saved up, to pay however much is left, in one go? eg. pay €10 for 25 weeks = €250, then if the laptop cost €1000, to pay €750 at once. I don't wanna be paying €10 a week for the rest of my life, when the computer may be obsolete in 2 years!

Alternatively, would a bank give a student-rate loan, and I could pretty much do the same as above, only with the bank rather than the shop?


Any ideas would be appreciated!

Maxwell

Hi there,

How about trying your credit union - they will usually be alot more flexible than a bank and can tailor repayments to suit you. You also have the option of paying more back when you have it etc.

Coney Island

Nowadays you can buy a good enough laptop with 800-900 Euro, you have already got 600 Euro, so you should just find somebody to lend you the remaining 200-300 Euro for a few weeks and possibly pay off in cash. There is no point in paying over a period of time as you end up paying more for interest, and for such a low value I don't think it is worth it....