Shopping for the holidays just got a whole lot easier since Kmart started their “Big Layaway Giveaway”. I love the convenience of using a layaway system. Financially it gets difficult to pay for everything outright so there are many holiday gifts I miss out on purchasing, but since a layaway allows you to pay for your items in installments it definitely makes it more affordable.
I am planning on getting my holiday shopping underway so this is perfect timing. Plus, the really exciting news with Kmart’s layaway is they are joining the season of giving by drawing names each week, at each store, of those who have items in layaway. If your name happens to be drawn the Kmart will take care of your balance. That is super cool!
Here is how Kmart’s layaway plan works: You shop for the items you want, bring them to the layaway counter, and then pay a small, make payments every two weeks according to your schedule and then pick up your items when you balance is paid. Of course, if you win the “Big Layaway Giveaway” you can take your items home even sooner since they will paid if full immediately!
There are other stores who are offering layaways at their stores as well, but I have to say Kmart is the most reasonable. First of all Kmart is offering free layaway, this means there is now service fee to pay. Unlike Walmart for example, which is $10 or 10% whichever is greater. You can see a grid below on how Kmart’s layaway plans stacks up against the others:
There are a couple things I already have my sites set on to put on layaway at Kmart for my husband! I am usually so busy shopping for holiday gifts for the kids; he usually does not get anything too exciting. I am not sure which of these two items below I will chose, but which ever one I do decide on at least I have the comfort of knowing I have time to make payments on it.