What does layway means?
Layaway Supposedly Helps You Save. It Definitely Helps You Spend
Forget about those layaway plans, despite what the retailers tell you. You'll wind up spending more for the item, reports Time Magazine, due to fees and restrictions. Practice frugality instead: save what you need to buy the item outright, and then spring for it.
"Layaway purchases have returned in a big way. More and more retailers are offering layaway, and it's often being heralded as a way to get more value for your money. Really? I don't get it.SmartMoney, for example, cited layaway as one its recommended old-school savings tricks. And certainly, layaway is a system that enables you to save up the money for something you wish to buy..."
