Clear debt or buy my first DSLR?

Discussion in 'Beyond the Basics' started by ajmall, Jun 15, 2005.

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DSLR or clear debt?

  1. DSLR all the way!

    7 vote(s)
    28.0%
  2. Be boring and clear your debt.

    18 vote(s)
    72.0%
  1. ajmall

    ajmall TPF Noob!

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    Right, this is playing on my poor brain.

    Thanks to a savings account and a tax rebate I can now afford a DSLR (D70s) with lots of accessories if bought from the net which i have every intention of doing. I have just over £1000 (think that's around $1800) to "play with" and I could do the aforementioned or clear my student debt and still have cash for a general spending spree but probably just have enough for a body.

    What do I do!?
     
  2. SLOShooter

    SLOShooter TPF Noob!

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    Clear debt. Why keep throwing the intrest down the drain?
     
  3. ajmall

    ajmall TPF Noob!

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    Well that's the thing, I'm not paying interest. I'm just over drawn and STILL looking for a part time job
     
  4. SLOShooter

    SLOShooter TPF Noob!

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    I personally hate being in debt. I don't like being in anyones pocket. I always pay for my things striaght up, or I pay the loan off before purchasing anything new.

    I suppose it depends on lots of other factors, I'm not your accountant so I don't know your financial standing, but what happens with me is that I get the thing that I want, I have fun with it for a week, then the realazation that I have overextended myself sets in and I get all panicy and nervous and I just barely scrape thourhg that month and I hate feeling that way.
     
  5. ShutteredEye

    ShutteredEye TPF Noob!

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    clear your debt.
     
  6. SWFLA1

    SWFLA1 TPF Noob!

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    sorry... i agree that you should clear your debt first...just think, when the debts gone you'll have extra money every month (that would have gone to payments) that you can save - then pay cash for the d70s which will be lower in price by then.and you would have accomplished both!!!

    good luck....
     
  7. Karalee

    Karalee hOtLiPs!

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    Owing something to someone else has never been something that Ive been comfortable with. If I were you I would clear my debt, but Im not, so good luck with your decision.
     
  8. Aoide

    Aoide TPF Noob!

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    Exactly... I struggle with this same thing all the time, but the best thing to do is pay off your debt.
     
  9. darin3200

    darin3200 TPF Noob!

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    Instead of clearing the debt and "still have cash for a general spending spree", why not clear the debt and just put every spare dollar/pound toward a camera.
     
  10. terri

    terri Administrator Staff Member Supporting Member

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    Sounds like we're a unanimously boring group.... :mrgreen:

    I wouldn't even be able to enjoy a goodie if I knew that debt was still weighing over me. Get rid of it!

    You'll get that cam soon enough, and then you'll know you did the right thing. :thumbup:
     
  11. ajmall

    ajmall TPF Noob!

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    :(

    Once i get a job I can pay the debt off. I'm not quite at the stage where the bailiffs will be visiting me but i have enough to live off! hmmm, think of it this way though, with a few plans up my sleeve the camera could make me money?
    oh and to clarify, if i get the camera i won't be in more debt, just the same as i am now
     
  12. Karalee

    Karalee hOtLiPs!

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    hahaha, are you justifying the need to spend the money on a camera?
     

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