Tools, love em or hate em you do need em! Once you learn how to use tools, you get hooked pretty fast. It feels so great to be able to build a piece of furniture or fix something yourself – especially when you’d rather save the money for a repairman or carpenter to spend on something else.
Here are my top 5 tips to easily afford a nice set of tools: .
1. Buy New With A Zero-Interest Monthly Payment Plan
Big Box stores generally offer no interest payment plans when you spend a certain amount using their credit card. Some even offer a discount on your first purchase with their credit card. Use this to your advantage! Watch for sales around Father’s Day and Christmas where bigger discounts are available. Some websites offer the option of setting up sales alerts so that you get an email when the product you want is coming up. Canadian Tire is one store that does this. Don’t buy full price if you don’t have to! If you can combine 12-18 months to pay with no interest on sale priced tools, you’ll be able to buy more tools! The thing to remember with these no interest plans is that if you don’t pay off the full balance by the end of the term, you have to pay a horrific interest rate on the entire period of the payment plan. Be sure to divide the total price you paid for the tools by the number of months you have to pay so that you pay the balance off fully before the end of the no-interest period!!