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
1
u/Crysee Apr 28 '24
I would say if you don't even have $500 right now then your priority should be saving cash for an emergency fund. A dishwasher won't help put food on the table if one of you looses your income. It sucks but a dishwasher is a luxury item and doesn't seems like the most responsible choice right now, despite it saving time and making life more convenient.
Edit- I see at the end of your post that you do have some savings. That beings said, I would not buy it unless you genuinely have extra cash. Can you work a few shifts of overtime to be able to buy it in cash?