Buy now, pay later? I have strong feelings about credit card use, but what do I think about buy now pay later? I noticed this option come up when I made purchases from an online retailer. The item was about $150 and the retailer allowed me to pay for it over time, without interest. Seems like a great deal, right? Well in fact what appears to happen is that some people use this method to make purchases and even though they are not incurring interest - they are purchasing many more items than they normally would if they were paying for the items all at once. My spouse showed me an Instagram post of comedienne Jimmy Carr speaking about making purchases at the mall. Just a note -I don’t recommend Jimmy Carr as a comedienne, even though I really enjoy his work. I don’t recommend him because he is very offensive and may not be palatable for some. In any case what he said in the Instagram post was (I’m paraphrasing) Stop buying things at the mall, in ten years you won’t even know wh...
The road to an intentional life.