<prompt> Human: So Im getting a new phone, unlocked from the google play store. They offer it for 899 outright or they finance for 24 months 0 apr. I can afford to buy it outright, Im just wondering if its a better idea to finance at 0 for building credit, inflation, having the money in my high yield savings, etc.I dont have a problem with the psychology of debt, I just want to do whatever is better for my money.  <response>: In corporate finance, we are taught that due to the time value of money, an up-front lump payment is worth more than the same payment spread out. Therefore for you, it is cheaper to finance it out at 0 APR over two years. As you dont have a debt problem, I dont see an issue of financing it out. 