10 Things You Buy Now and Pay Later

With the rising numbers of credit card users resulted in the increase of promotions of “buy now pay later” mania.

But what does “buy now pay later” means?

“Buy now pay later” is a marketing strategy of all credit card companies to persuade the people in buying things now in return to the privilege of paying on a later date.  “Buy now pay later” highly encourage consumers to satisfy their wants NOW, whether they need it or not.  “Buy now pay later” lure people to acquire their wants as easy as swiping their shining cards.

Here are the top ten (10) things to Buy Now and Pay Later:

  1. More Clothes, Shoes, Accessories and all other things to make us look good.
  2. More and more travels
  3. Big and extravagant House
  4. Posh Cars
  5. Dinning into expensive restaurants
  6. Partying the night out every Friday
  7. Membership to clubs, fitness centers and shops not used often.
  8. Constant visit to the salon for a weekly makeover
  9. Buying all the latest trendy gadgets like laptop, cellphones, video games, etc.
  10. Buying appliances

There’s nothing wrong with the use of these glamorous cards.  However, what is not so good is that it traps a lot of people to the world of “debt” by luring them to acquire more and more of the things that they want as early as NOW, even beyond the person’s paying capacity.

The responsibility, however, isn’t really with the credit card companies.  It is up to you.

Ask yourself:

  • Are you not tired of the monthly headaches you get when you see your bank statement?
  • Are you not tired being broke?
  • Are you not tired when you have to worry about losing your job and be penny less?
  • Are you not tired with the repetitive cycle of your life where you work to spend so you’d work again?

If your answer is “Yes”, then, there’s something you need to change and do NOW.

This post may not help you on how you can do so.  But I hope, somehow, it opened your eyes to where you are now.  And hopefully, you’ll choose to make a change.

We wish that the next time you see the sign “Buy Now Pay Later” it will remind you of the change you have to take, instead of luring you to buy more things that will add to your headaches.

If you want to start creating change in your headaches, remember this phrase:

Live within your means.  If you can’t, then, find a means to live more.

10.

There’s nothing wrong with the use of these glamorous cards. However, what is not so good is that it traps a lot of people to the world of “debt” by luring them to acquire more and more of the things that they want as early as NOW, even beyond the person’s paying capacity.

Comments

  1. Good points, here. The availability of credit made it TOO easy to buy almost anything we wanted. The “good news” of the economic pullback is that credit is a little tougher to get. Luckily, more and more people are saving.

  2. As they say, when something bad happens you just have to search further and you’ll see something good have happened as well. Indeed, the financial crisis have opened the eyes of alot of people to know the value of saving and the pain that “buy now pay later” brings. And hopefully, they won’t wait for another crisis to happen before they start applying the lessons they’ve learned from it. Thanks for your comment Trevor! 🙂

  3. Great points here – live within your means, or increase your means. It really is your responsibility to create a budget and live within that in the end, however, I really have a problem with credit card companies who are purposefully luring people into traps in order to make more money…they certainly bear a certain amount of responsibility in this situation too. But, it is a great overall point that most of the people in America don’t seem to understand: live within your means!

  4. I think you have given a very nice viewpoint. Also from some comments one can make out the amount of discussion one can have on this topic. Definately this post is recommended to all. Thanks again

  5. Really big thankies for the blog.Really looking forward to learning much more. Really want more.

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