Burgers on Credit? The Perilous Rise of Food Instalments 🍔💸

A startling new development has emerged in the American food delivery market: DoorDash has partnered with Klarna, allowing users to pay for even a single hamburger in four instalments. This means that people are now taking out credit not just for cars or homes, but for a simple meal.

This trend is deeply concerning and highlights how financially unsavvy individuals can be lured into perpetual debt. Paying for a $10 meal in four $2.50 instalments can easily create the false impression that it was “free.” The thought process of “I’ll pay one now, another was deducted for last week’s sushi, and another for last month’s pizzas” can quickly lead to losing track, with the sum of repayments soon exceeding the actual cost of the food consumed.

This phenomenon is particularly troubling given that wages have barely increased over the past two decades, while the cost of living has skyrocketed. The market’s response to this situation? “Can’t afford food? No problem, we’ll give you an instalment plan!” This approach raises serious questions about societal financial well-being. Is this truly the solution to economic challenges?

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