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Struggling consumers use buy now, pay later services for everyday necessities — even groceries
(finance.yahoo.com)
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I don’t understand why so many people buy new cars. Wasting a year’s worth of income. It doesn’t make sense. I get that people need a reliable vehicle to get to work but even if you just spend a half a year’s income it would make a lot more sense.
The need to fit in and be seen as upwardly mobile and have new things to impress others is so strong in us.