• Wakmrow [he/him]@hexbear.net
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    7 days ago

    Financing even if you have cash makes sense if the interest rate is low enough. There’s also the fact that cash is liquid and your asset may not be, should an emergency happen it would be better to have a payment plan and enough cash to cover your emergency. Obviously people can still make poor decisions though.

    • OldSoulHippie [he/him]@hexbear.net
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      7 days ago

      This.

      I would never be able to afford music gear if it wasn’t for buy now, pay later. Paypal (I know, I know) has a pay in four option that is free. It’s improved my hobbies using this. I’m sure it’s still easy to get in trouble though if you overextend yourself.