The Dangers of "Buy Now, Pay Later": Instant Gratification & Normalization of Debt
INTERNET ANALYSIS. let's discuss services like Afterpay that let you buy now & pay later. // Signup for your FREE trial to The Great Courses Plus here: http://ow.ly/t9o530qpmBb
(urban outfitters illustration in the thumbnail by Jasmy Liu, from this article: https://orangemag.co/orangeblog/2019/10/15/what-the-urban-outlet-sale-says-about-the-search-for-affordable-quality-clothing)
TIME STAMPS BELOW:
0:00 - intro
0:38 - Afterpay, Klarna, & Quadpay allow you to split your purchases into 4 installments
2:15 - why not just use credit cards?
3:40 - the psychology of "buy now pay later" - why is it so appealing?
4:21 - consumerism in fashion & beauty... instant gratification
5:57 - you have to BUDGET! track your spending!
7:20 - sponsor moment!
8:56 - installment plan VS credit card.. which is better?
12:14 - living above your means
13:16 - 72 month (six year) car loans?? excuse me?
14:56 - installment plans & frequent upgrades for iPhones & other smartphones
15:47 - history of American consumerism (1930s vs 1950s spending habits)
17:53 - how do other countries compare? do y'all spend or save? LMK!
WATCH MORE:
Opening Up About My Student Loans and Credit Card Debt - https://youtu.be/tku2C-DgA6s
How I Paid Off $10,000 in Credit Card Debt in 6 Months - https://youtu.be/f8JjqrVcv6s
♥ Instagram: https://www.instagram.com/tferg__/
♥ My Podcast, Previously Gifted: http://bit.ly/previouslygifted
♥ Vlog Channel: http://bit.ly/tfergvlogs
♥ Political Channel: http://bit.ly/sociallyunacceptable
♥♥♥ Use my affiliate links to support my channel :-) ♥♥♥
* My go-to eyeshadow palette (vegan and cruelty free!) https://amzn.to/2WnU5tX
* 10% off Glossier (for first time customers). I use the Perfecting Skin Tint, "Cake" and "Zip" Generation Z lipstick
- https://re.glossier.com/72ff5ffa
*Sign up for my fav travel site, Airbnb, for a $40 credit! http://www.airbnb.com/c/tferguson42
*Here's an Amazon list with all of the equipment I use to film my videos, including my camera, mic, ring light, and more! http://bit.ly/filmingequipment
Hello my dudes! My name is Tiffany Ferguson. I’m a 24 year old sharing my thoughts and life experiences. Here on Tiffanyferg, recently I've been working on my Internet Analysis series, where I research and discuss topics related to social issues and media. I also occasionally talk about my experiences with college, traveling, study abroad, veganism, and more.
Business Inquiries: tiffanyferguson@select.co
FTC: This video is sponsored by The Great Courses Plus. Links with * are affiliate, meaning I am compensated monetarily if you join or make a purchase.
Видео The Dangers of "Buy Now, Pay Later": Instant Gratification & Normalization of Debt канала tiffanyferg
(urban outfitters illustration in the thumbnail by Jasmy Liu, from this article: https://orangemag.co/orangeblog/2019/10/15/what-the-urban-outlet-sale-says-about-the-search-for-affordable-quality-clothing)
TIME STAMPS BELOW:
0:00 - intro
0:38 - Afterpay, Klarna, & Quadpay allow you to split your purchases into 4 installments
2:15 - why not just use credit cards?
3:40 - the psychology of "buy now pay later" - why is it so appealing?
4:21 - consumerism in fashion & beauty... instant gratification
5:57 - you have to BUDGET! track your spending!
7:20 - sponsor moment!
8:56 - installment plan VS credit card.. which is better?
12:14 - living above your means
13:16 - 72 month (six year) car loans?? excuse me?
14:56 - installment plans & frequent upgrades for iPhones & other smartphones
15:47 - history of American consumerism (1930s vs 1950s spending habits)
17:53 - how do other countries compare? do y'all spend or save? LMK!
WATCH MORE:
Opening Up About My Student Loans and Credit Card Debt - https://youtu.be/tku2C-DgA6s
How I Paid Off $10,000 in Credit Card Debt in 6 Months - https://youtu.be/f8JjqrVcv6s
♥ Instagram: https://www.instagram.com/tferg__/
♥ My Podcast, Previously Gifted: http://bit.ly/previouslygifted
♥ Vlog Channel: http://bit.ly/tfergvlogs
♥ Political Channel: http://bit.ly/sociallyunacceptable
♥♥♥ Use my affiliate links to support my channel :-) ♥♥♥
* My go-to eyeshadow palette (vegan and cruelty free!) https://amzn.to/2WnU5tX
* 10% off Glossier (for first time customers). I use the Perfecting Skin Tint, "Cake" and "Zip" Generation Z lipstick
- https://re.glossier.com/72ff5ffa
*Sign up for my fav travel site, Airbnb, for a $40 credit! http://www.airbnb.com/c/tferguson42
*Here's an Amazon list with all of the equipment I use to film my videos, including my camera, mic, ring light, and more! http://bit.ly/filmingequipment
Hello my dudes! My name is Tiffany Ferguson. I’m a 24 year old sharing my thoughts and life experiences. Here on Tiffanyferg, recently I've been working on my Internet Analysis series, where I research and discuss topics related to social issues and media. I also occasionally talk about my experiences with college, traveling, study abroad, veganism, and more.
Business Inquiries: tiffanyferguson@select.co
FTC: This video is sponsored by The Great Courses Plus. Links with * are affiliate, meaning I am compensated monetarily if you join or make a purchase.
Видео The Dangers of "Buy Now, Pay Later": Instant Gratification & Normalization of Debt канала tiffanyferg
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