Use Purchasing Power to Budget your Holiday Gifts
Purchasing Power is a program we’ve partnered with that allows you to take payroll deductions in order to afford expensive appliances, technology, furniture, and more. Through Purchasing Power, you can utilize your paycheck to budget appropriately and make purchases without having to dip into your savings.
One of the best reasons to use Purchasing Power is to get what you need when it matters most. The program, which has no credit checks or hidden fees, allows you to use your paycheck to buy appliances, electronics, and even furniture at a monthly rate taken directly from your paycheck with no interest.
How Does it Work?
Purchasing power allows you to make fixed, easy payments toward products allowing you to budget appropriately even when making big purchases.
The program is comparable to a layaway or a credit card, but with none of the drawbacks. With layaway, you make monthly payments, but don’t receive the product until you’ve paid in full, Purchasing Power gives you the product as soon as you start making payments. Credit cards often require passing a credit check and have varying interest rates, Purchasing Power does not require a credit check and always has a fixed rate, no matter the price or timeline.
Buying a Gift through Purchasing Power
We want to make sure it's clear that Purchasing Power is NOT a discount program. Purchasing Power should only be used as a budgeting tool or to help make it through leaner times. That doesn’t mean it isn’t great for finding or affording perfect holiday gifts, just know what you’re getting into.
Purchasing Power’s in-depth catalog is a great tool to find presents and their buyer’s guides make finding the right product in a category simple. On top of that, it’s a great place to get all your shopping done in one place!
Just make sure you order sooner rather than later. Shipping times are known to get hectic closer to the holidays.
Enrollment
Enrollment is extremely simple! Simply head to https://www.purchasingpower.com/ and sign up. Follow the enrollment procedures from there. Once you’re logged in, there are no credit checks required and you’ll be able to shop the brands you love and make the right choices for you.
In order to enroll you must:
-Be 18 years or older
-Earn at least $16,000 per year
-Be an active San Diego City/County Employee (at least ½ time)
-If you are on leave, you will not be able to sign up for Purchasing Power
-Have a bank account/credit card on file
For 20% off your first order enter code HOLIDAY21 at checkout!
For more information about Purchasing Power, you can check out these links!
About Purchasing Power: https://www.purchasingpower.com/how-it-works
Purchasing Power FAQ: https://www.purchasingpower.com/support/program-overview
Buyer’s Guides: https://www.purchasingpower.com/buying-guides