Comment Re:6$ a month, now, another good move from Salon. (Score 1) 197
six dollars a month equals 72 dollars a year. Why anybody would prefer to pay twice as much "in smaller, spread out ammounts" is beyond me.
Why is this any different from:
* Getting a 5-yr car loan instead of a 3-yr car loan.
* Buying stuff on credit card and then paying ONLY the required minimum or a little bit more
* Financing almost any kind of moderately large purchase (TV, DVD player, etc) that is not insanely expensive enough to require a loan (car, house, etc.)
There is a strong pscyhological motive to *NOT* pay a lot of money upfront, or to pay less money over a longer term than more money over a shorter term, even if it makes better financial sense to do otherwise.
Why is this any different from:
* Getting a 5-yr car loan instead of a 3-yr car loan.
* Buying stuff on credit card and then paying ONLY the required minimum or a little bit more
* Financing almost any kind of moderately large purchase (TV, DVD player, etc) that is not insanely expensive enough to require a loan (car, house, etc.)
There is a strong pscyhological motive to *NOT* pay a lot of money upfront, or to pay less money over a longer term than more money over a shorter term, even if it makes better financial sense to do otherwise.
