So you've decided to buy that new cell phone or new car. (see Parts One and Two) But your monthly payments are a pain in the neck. The bills come at all different times of the month and you don't have enough money to make all the payments. What do you do? Borrow more money of course.
Watch those commercials on TV. They offer any number of ways to make your dollar stretch further. Get a home equity loan, a new credit card or buy on deferred billing. That will help you have more stuff without paying more money right?
Remember that old saying, "If it sounds too good to be true, it probably is." There are consequences to any of the options.