Afterpay really is awful and encourages people to live beyond their means. If you can’t afford something with the money that you currently have in your account, then save up for it. If you can’t save enough for the item then it is a clear indication that it costs more than you can afford. I know that it is really tempting, particularly in our culture of immediate gratification, but it is a lot less stressful than having the item and then feeling awful for months until you are once again debt free.
Published 19th February 2020