Using a buy now, pay later plan for rent “could be useful in a true pinch or short-term emergency,” says Chris Jackson, a certified financial planner based in South Carolina. However, “relying on it consistently would be a mistake, particularly for people who already struggle keeping up with rent payments.”
Borrowing to cover your rent won’t solve the “underlying affordability issue,” he adds.
You read the obvious truth. If you’re just getting by, can’t really save anything each month, and then your phone breaks and you need a new one (as in, it’s your only means of communication, so you can’t work and earn money without it) then spreading out costs over several months may help.
The fuck did I just read.
You read the obvious truth. If you’re just getting by, can’t really save anything each month, and then your phone breaks and you need a new one (as in, it’s your only means of communication, so you can’t work and earn money without it) then spreading out costs over several months may help.