To think if you’re buying luxury goods on Klarna, you can’t afford them?

[ThatHonestOchreSloth]

It’s not classist. It’s just maths.

because they can't afford them.

No one "deserve" luxury items they don't need anyway. You can buy them if you want, it's your money, but if you don't have the cash for them, you can't afford them and you are over-spending.

No-one is saying they can't have them if they save up. But it's pretty daft to get into debt for them

But then I see the sharp end, the aftermath of the spending and debt binge, when someone loses their job or faces and unexpected and essential expense and their debts start to spiral.

PP didn't mention affordability.

So I'll ask again, people with normal jobs don't deserve luxury because?...

You have extra payment protection if you purchase with a credit card.

No no.

PP said they don't deserve them. I'll await their response on that.

To your points on this thread, people can make their own financial decisions. If you think it daft then so be it, I'm guessing they don't give a fuck.

I feel like 'luxury items' is doing a stand in for 'decent quality items' here.

I'm all for Klarna, finally people on lower income can get credit on a good deal rather than the usual massive % of interest offered to lower earners/people with less than stellar credit.

I'm not sure why this would bother you though OP? You can also get that nice handbag on Klarna you know....rather than saving up for a whole 90 days

You really need to work on your reading comprehension.

The pp did NOT say that people with normal jobs don't deserve luxuries. Not at all.

Wipe the froth from your eyes and go and read it again.

Why are you having a fictitious argument? That's not what anyone has said. I swear the brains have fallen out of Mumsnet recently.

Not necessarily. Klarna provides interest free loans it makes sense to pay in installments and leave your money earning interest

Tbf this poster did say that

OonaStubbs · Today 16:32

Buying luxury items on the never-never is not a good idea. Too many people think they "deserve" luxury when they only work normal jobs

Yes I'm aware. It's that post I'm talking about.

'Too many people think they "deserve" luxury when they only work normal jobs' does NOT mean the same as 'people who work normal jobs don't deserve luxuries'.

But actually you are missing the point there

I would love a villa in the Carribbean. I don't go getting into debt because I think I "deserve one". It's wise to recommend people cut their cloth not insulting

When I had no money, I didn't buy stuff I didn't need. Now I have money, I treat myself sometimes (while investing and saving too).

It's not a value judgement to say people ought to be prudent.

klarna and clear pay allows me to buy smarter clothes for work, good fitting bras (£50 each not cheap at all) nice leather shoes, sadly can’t buy on M&S site at the moment

I like to look smartly dressed for work, I like Chanel perfume, I like to go on holiday this really should be affordable for the job I do (very stressful and should be paid far better) sadly it isn’t it certainly would have been 15-20 years ago

but with the likes of Klarna it is and I still have some money in my account oh and I buy from Vinted too for those who want to preach about buying new or what is affordable

and as someone pointed out poor people are not being shafted by them with huge interest like they usually are

Some handbags do actually appreciate. I’ve never used Klarna but I do pay for most things on credit card, for which I get really good points, pay no fee and pay it off every month. Why wouldn’t I? It makes absolute financial sense.

What did the poster mean then because to me that reads that people with normal jobs think they deserve luxury items when they shouldn't

Everyone I know who goes on expensive holidays pays for them monthly and they usually have to be paid however many weeks before the holiday starts........ I don't know anyone who can afford to pay say 10k to Mexico all at once

I use PayPal in three, for big ticket items sometimes, or if there is a brilliant deal on something and my cash flow isn't great, so I'm not against it.

However -

Last time I was in the opticians I tried on very expensive designer frames, loved them and said to the assistant 'shame I can't afford them' to which they said 'oh we do klarna/pay in three now'

I replied that it doesn't make them cheaper so I still can't afford them and could see that they didn't seem to understand my view that 'cant afford' is not just about my current bank balance, but a long term budget issue.

Yes it would have made the purchase accessible to me, but didn't make it anymore affordable as the price is the same. I worry that it's too easy to get the confused. And it's ridiculously easy to get and easy to spiral out of control.

I'm not sure what relevance that has to anything?

Essentially that some people talk themselves into spending beyond their means

"Buying luxury items on the never-never is not a good idea. Too many people think they "deserve" luxury when they only work normal jobs."

Which bit have I misinterpreted? @ungratefulcat@BastardesEverywhere

Are you the poster?

No, I just am capable of grasping what the poster meant. Its hardly a difficult concept to understand.

I think it's blindingly obvious.
As I have already said once, that is a reference to how people persuade themselves that they should spend beyond their means.

We've seen the references on here - "I work hard, therefore I "should be able to buy" XYZ". That kind of thinking is a fast track to financial problems.

Noone "deserves" something more than the next person. But in a capitalist economy we have to be realistic about our budgets.

It's the classic Micawber quote isn't it ...

"Annual income twenty pounds, annual expenditure nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty-pound ought and six, result misery."

It's not a question of what we, or others, think we "deserve". It's a question of what we can sensibly afford.

Isn't it just a case of wanting something now instead of saving up for it?
I thought that was why people got stuff on credit anyway.

You could afford it if you took the time to save... but you want it now. I can understand that. I don't understand what it has to do with anyone else.