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I have the impression that everything is too expensive these days. Forget to spend all your savings for a real vacation - now a simple trip to the grocery store can dry your bank account. The cost of increased living has made Buy now, pay later (BNPL) Services like Affir, Afterpay and Klarna seem more attractive than ever for consumers. These companies essentially offer you a short -term loan to buy what you want to pay for this, by making several payments over time. But relying on BNPL plans can eventually injure you more by putting yourself in a debt cycle and at risk of potential penalty or interest costs. In that spirit, financial experts warn you always paying certain things in advance. Read the rest to discover nine purchases they say to avoid using the BNPL.

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Many people plan to buy fitness equipment during the new year to help their fitness resolutions. But Robert Farrington ,, money expert And the founder of the college investor warns against the use of BNPL plans to do so.

"Think of the need for purchase and the frequency you will use the training equipment," he said.

Farrington also suggests that buyers are considering second -hand options instead of funding expensive machines.

"In February or March, you will probably see many people selling unwanted training equipment on online markets because they have invested in their physical form for the new year, but realized that they were fixing unrealistic expectations," -Al.

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When people get used to services like Afterpay, Affirm and Klarna for larger purchases, they could also start to count on them to buy essential everyday elements. But it could become a bad habit that is difficult to break, according to Austin hair ,, financial expert and real estate investor.

"The purchase of everyday items such as grocery store or gas on payments can create a cycle of dependence on credit for basic needs," he shares. "It is crucial to budget and pay these items to avoid a situation where you are continuously paying for past expenses."

Clothes are something you should never pay for payments either, because Farrington says that this can accidentally facilitate on fashion items. Instead, "plan to implement a waiting period before purchasing to avoid unnecessary expenses and potential remorse of the buyer," he recommends. AE0FCC31AE342FD3A1346EBB1F342FCB

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But the purchase of luxury products - which include creative clothing, accessories or jewelry - through a BNPL plan worse Idea, according to the hair.

"This can lead to unnecessary debt for elements that do not offer long-term value or return on investment," he warns. "It is preferable to save and pay in full to avoid the additional constraint of payments on non -essential items."

It's not just the expensive items you need to be careful. Brian Quigley ,, financial expert And the founder of Beacon Lending, says that he discourages payment payments for things like low -cost furniture. It is a question of helping buyers to "avoid interest costs on non -substantial purchases", according to Quigley.

"Low-cost furniture is generally affordable enough to be purchased, making less advantageous payment plans financially," he explains. "Individuals should budget these elements and pay in full, prevent unnecessary interest expenses and promote responsible spending in financial means."

You must be careful when it comes to relying on payment payments for the depreciation of assets such as cars, Sherman Standberry ,, accountant And managing partner of the tax company my CPA coach, says Better life .

"Everything that loses value over time should ideally be bought with BNPL tools," he advises. "The item could depreciate faster than you can reimburse it."

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When the latest iPhone comes out, you might think that it is essential that you get the last model. But it is really not - especially if you will have to pay it in payments, according to Mélanie Musson , A expert in finance Work with Clearsurance.com.

"If your phone is functional, you can continue to use it," she said. "And when you decide to upgrade, it is likely that you can do it with your phone company with 0% interest in a longer period than you can with BNPL tools."

A winter getaway may seem like a good idea in the coming months. But as tempting as it may be, Musson says that your trips should Never be paid in payments.

"Holidays should be a moment to abandon stress," she said. "If you know that you have to pay your vacation after it happens, you will have stress when traveling, and then you will have to find out for this when you go home."

Overall, BNPL services can make a type of purchase more tempting than ever: purchase of pulse. But the hair advises against buyers who rely on payment plans for these types of items.

"It is often non-essential and can lead to unnecessary regrets and debts," he warns. "Waiting to buy until you can allow yourself to pay in full allows you to make sure that is something you really need or you want."

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Best Life offers the most up -to -date financial information for high -level experts and latest news and research, but our content is not supposed to replace professional advice. Regarding the money you spend, save or invest, always consult your financial advisor directly.