Planet Money cover image

Planet Money

Buy now, pay dearly?

May 14, 2022
Discover the surge of companies offering 'buy now, pay later' options and their captivating impact on consumer behavior. Explore the thrill of impulse purchases fueled by social media, as well as the financial risks that come with immediate gratification. The conversation highlights how these schemes appeal to younger audiences while creating potential pitfalls for their financial futures. Personal stories illustrate both the excitement of shopping sprees and the sobering realities of accumulating debt. It's a rollercoaster of shopping psychology and fiscal responsibility!
21:27

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