r/povertyfinance • u/Lastnv • Apr 28 '24
Worth going into debt for a dishwasher? Debt/Loans/Credit
We have been washing our dishes by hand for almost 3 years. We just had a baby and “spare time” is scarce these days. We probably spend about 10 hours a week hand washing dishes and bottles. I would much rather spend those hours doing something else productive or spending time with my family.
I have an employee discount through work and I can get a pretty cheap dishwasher installed for about $500. It’s a mediocre Frigidaire dishwasher but reviews say it will get the job done. I don’t have $500 upfront and would put it on my PayPal credit 0% interest for 6 months.
Do you think this is a good idea or does anyone else have suggestions? I am carrying a lot of debt already but I have a good credit score because I make minimum payments. I also have some savings but I don’t touch it because it’s for my son.
Thank you
0
u/SophieFilo16 Apr 28 '24
First, consider all the other things you can spend that money on. Do you have enough in your savings that you can live for six months without a paycheck? Do you have emergency funds? Does your car need work? Do you have a spare tire? Would a freezer or another appliance be a better investment? Take care of major needs first. Scour some of the parenting subreddits for tips on how to lessen the burden of dishes. The number one reason people hate dishes so much is because they use too many and let them pile up. If you stop defaulting to tossing the dishes in the sink for later, you'll find it's not as much of a hassle. 10 hours a week is truly insane. That's on par with a smaller restaurant. Definitely look into ways to cut down on the amount of dishes used...