Danger of BUY NOW Pay Later in SNEAKERS! 4 Payments on Jordan 1?!



The rise of #buynow #paylater with apps like #klarna #afterpay have taken retailers by storm, accounting for more transactions than ever before as the source of payment. We see them on sneaker retailers and secondary platforms like #stockx and #goat but what could this lead to in spending money people don’t have and not understand the subconscious encouragement to buy more than you normally would have with cash. It’s certainly debt or a line of credit with risks.

0:00 – Rise of Buy Now Pay Later
1:09 – Debt is Normal
2:00 – Young Adults Targeted
2:55 – How it Works
3:20 – The Jordan 1 Klarna
4:56 – Red Flags of Buy Now Pay Later
6:42 – Sneakerhead Risks
7:49 – Perspective
8:10 – Spending Way More
9:19 – User Beware

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If you would like a copy of my free eBook, How to Build a SET Budget: Living for Today and Planning for Tomorrow, While Enjoying the Little Things, email me at tajakeasal@gmail.com

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