It's Just Free Money?
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- Опубліковано 10 вер 2024
- Just don't...
This wasn't even a sponsored vid but hey run it up: RocketMoney.co...
Twitch | / atrioc
Twitter | / atrioc
UA-cam | / atrioc
VOD Channel | / @atriocvods
Reddit | / atrioc
Edited by ædish :) | / aedishedits
Outro music | @CMT8
#atrioc #clips #twitch
Ngl I really really REALLY wanted to use klarna but it was for dumb stuff that I did not need and every time I was tempted to use klarna i just thought of atrioc screaming at me NO DONT DO IT
W
I don’t get it. It’s a quick debt button, it’s worse than wasting your money on something useless, it’s GOING INTO DEBT OVER SOMETHING USELESS…
@@charlix3not really. It CAN be a completely alright thing IF used responsibly. I think if you were anyway going to buy something and have an option on to 0% finance it. There is upside. It is when you start buying stuff you don’t need with money you don’t have, you get problems.
@@charlix3 do they not allow you to pay at the moment on purchase?
@@TheSmeteni asssume they do, but the idea is more that the moment you miss one payment, usually because you don't have the money to spare, you are locked into a debt spiral because of insane interest rates
I'm 33, I declared bankruptcy at 23 due to credit debt and afterpay/zippay debts when I was 18/19. Since getting out of my bankruptcy 5 years ago, I have and will NEVER use credit cards or afterpay ever again.
Afterpay and credit cards pray on freshly legal adults, the uneducated and the poor. DO NOT FALL FOR THEIR LIES!!!
Bro, you can use credit cards. It's ok. Just don't go crazy with it.
But I was 18 too and I knew payday loans were a fucked idea. What made you start that in the first place?
@@fedbia2003 honest truth is I grew up poor af, and all of a sudden had banks throwing "free money" at me. I knew no better at the time.
The only debt I have above my head now is a mortgage and I'll just my butt off everyday to make sure that's the only debt I have :)
@@doodwasalreadytaken Good shit man, I'm glad you're doing better for sure.
Bros credit went to 0 because of bankruptcy. It's now at 250 because he refuses to use the quickest and easiest way to raise your credit score
So I only watched the video from min 2:10-2:22 and my take away is that Big A is definitely endorsing this product or at least encouraging us to try it out and see how we like it.
Watch the time before
@@fatalgaming6244why would he, if he already watched the main point of the video?
what a useful timestamp! tysm
klarna is what people use to buy designer they DONT need. If you say anything to them they say some shit like, "people make car payments its basically the same"
one is a car the other is a $300 scarf you bought cuz everyone else was wearing it, it is NOT the same
The scarf will probably last longer than these crap modern cars. I thought having tech in cars would make them better... Look up Jaguar iPace issues... damn.
It's actually pretty similar. A lot of people buy cars they can't really afford and end up blowing all their disposable income on car payments and interest.
@@ed61730Also these days a lot of these luxury clothes are lower quality fast fashion that don't last either.
Binked a house in 2020 when interest rates were 2%
I found my window but that was it. I will never have another chance
Doing better than most of us
Of course you will. You're gonna have a fuck ton of equity at some point.
@@Bidens_Diaper true once it's paid off I'll just be able to buy in full and then I'm set but till then we are locked in with the place we have.
See, the last time we did this thing where we inflate the economy by buying a ton of stuff with debt, we got this little thing called the Great Depression
The only time I've used it is when I was under 18 and hadn't had a credit card yet, and the business I was buying from only accepted a buy now pay letter service, or credit cards. Did the buy now pay later option, and just payed now LOL.
2 video for a day? Niceee
rocket money can cancel my mortgage poggies
He’s on to something
can i use afterpay for my twitch sub
I use it for feet pics
I use it for literally everything
what the founders wanted @@kphaxx
2:48 yep, I'm locked into a year contract...I haven't been once
that rocket money integration 😂
wow
Even the clips channel doesnt cut the ads poggies
the whole "green out" thing still kills me thinkin bout it's other definition 😭😭
I was going to sign up for Rocket Money w/ your link but I don't see a link in the description. Was planning on bookmarking it and doing it later... bit busy atm. Unfortunately I'll probably forget.
Edit: It was added afterwards and people letting me know got me to bookmark it. Will do it later tonight. Thanks.
Its there now so
I see it in the description now
@@stephen.jamison Thanks, I might have forgotten otherwise. Glad they updated it.
@@Fakemilia Thanks.
here's a reminder in case later tonight is now
Regarding laws against subscriptions, in Germany, and I think this is an EU regulation, many contracts are no longer allowed to renew for more than a month after an initial minimum runtime afaik
5:20 yeah definitely east cost
Sweating with the boys LETSGO
Ædish is so effortlessly cool
Aedishalicious is my goat
Algebra of happiness, definitely will check that out now
This is why we watch atrioc, feeling smarter every day
I use after pay but I only use it if I had the money to buy it outright.
Say there was a purchase I wanted to make that costed 600. I'll have the 600 aside, but if theres a option to use afterpay I will because it just helps mentally by making it feel like I'm paying less. And then I'll pay the debts weekly ahead of their actual dates instead of bi weekly.
I agree they are predatory though. Especially with people who use it for small purchases. And also I don't care about credit score cause I'm not buying a house in my lifetime.
Because it feels like less, it already pushes you to buy more than you otherwise would. If you do it responsibly, that's still okay. But I think that it's better to just eat the entire cost up-front. If I'm not willing to part with my money for the purchase now, I just don't buy it. Softening the blow only makes people spend more.
it gives you the freedom to leave the money in a daysavings account and getting some interest from holding more cash on hand.
It's like 1-3% a year but it's still something. Alternatively, it could be put into like an ETF that tracks like the 500 top companies or whatever with like a spread risk or so
@@ayoCC If you're putting money you have actually spent in an investment, even a relatively safe one like S&P500, you're not being responsible. Those "pay later" loans have terms of weeks. There is nothing rational or predictable about the markets over such a period of time. A month or two later you may need the money, and not all of it could be there. And if you're buying and selling at that frequency, the fees will likely kill any returns as well.
Only invest money you can actually afford to keep in the market for as long as it takes to make returns from it.
@@Niosus mhm makes sense, well, day savings it is then
zoomers: "I think I just figured out a flaw in the system... Maybe I can get rich super fast with no work."
8 Billion people born first who've all thought the same thing at some point: "Good luck!"
You'd be surprised
working in retail i get the occasional "do you take afterpay" and ofc i cant say anything but in my head im definitely thinking please turn around and go home if you cant afford to pay for this normally
I think after pay is an LA/west coast thing or something like that because literally 0 people of any age that i know have even heard of after pay.
Paying by invoice is great since you have a leverage over the seller if they don't fulfill their end of the bargain. I don't use Klarna as a credit but as a way to get to pay by invoice.
Great Convo
My wife and I are small influencers (much smaller than Big A) and we turned down Klarna for an ad lol. Just straight poison to your own fans.
Do you think that apps and services like Klarna are born from America's biweekly pay system? Or at the very least that quickened their appearance?
Klarna is Swedish.
@@NotASummoner yes but they have more downloads in the US and the company themselves says US is their largest market
I don't think the problem is the frequency of pay, in other countries you get paid monthly and still almost nobody uses them, it seems more a problem of not getting livable wages
Rocket Money coming soon to Canada
6:38 anyone have a pervious video or certain topic as to what the "but" is? Lol
I don’t even really use my card at all and basically only buy in real life and honestly I don’t regret it at all
My personal take is it’s fantastic for bigger purchases when you are in a tough spot but it shouldn’t be used for everything. Do remember that people like Atrioc are able to afford to buy things straight up. For others, we are often priced out of certain things. If you don’t go beyond your means it’s practically just saving in reverse, buy first, put away money later. Goal is not to use but it does serve a valid purpose.
Arid hasn't gotten his sippy cup yet, Brandon
I used it once when I was like really down on my luck just to buy food until the next paycheck but that was when I made the decision to never let it get to that again and actually save.
8:48 yeah he doesn’t do coke right 🙄😂 btw sweating with friends sound hot af
consumer debt is epic
I refuse to use afterpay because I just always live like I’m going to be fired within the next day lmaooo. I have as little bills (besides rent) as possible.
This thumbnail really is excellent. Legit busted out laughing because it's so good.
atrioc feels very humble in this clip
I just never pay them back, they arent a bank what they gonna do
Klarna is pretty great tbh, you just have to make sure to pay on time. In certain situations the ability to delay payment can be massive, especially if you don't have a massive income and know you will have the means to pay within 30 days. The fact that some people can't handle it is just a skill issue. Just don't be stupid.
I just had this video on and heard atrioc say he likes sweating with friends
6:38 anyone knows what is the "but" ?
The market might crash and not come back within in the next ~3 years
Hearing Klarna described as buy now pay later feels weird.
Either way, then credit cards should be boycotted the same way, no?
Hey, if you can keep yourself restrained, pay it off before any interest is charged, and you've got the money you would've otherwise used sitting in an interest bearing account, its better than free money, its paying you.
wanted to use klarna once to buy a peloton but they wont allow ya to buy stuff over 50€ for the first three buys
free money yes
Whats the hoodie he wears?? I need one
I’m so disappointed in myself for not copping a house in 2009, should have thought about that instead of being 4 years old 😭
Just finished paying off my Los Angeles liberal Avocado smoothie after a 15 month struggle.
How are people complaining they're broke when they use payday loans that cost so much..
I learned recently that dancing is a more effective cure to depression than anti-depressants and instead of being sad I'm just gonna shimmy the thoughts away :')
Thanks Big A for teaching me about Klarna so I could get UA-cam Premium to be able to watch this video, ever since they took away free UA-cam and made it so we have to pay to watch I haven't been able to afford it, don't know what I would do without you
I afterpay rent every month
As a zoomer ill never ever EVER use those scam ass services thanks to big A.
3 books a day limit is to probably make it not too bad for people to publish legit backlogs while stopping shotgun barrage of AI spam.
SQ is in the spx so rly you should use more afterpay so your shares go up more
I treat it the same way I treat credit cards i.e. not using it. If it was a good deal, they wouldn't offer it.
None of them are doing it for free... They want you to SLIP!
After this video i got an ad for a "free training" that said to let AI write a book and sell it on amazon. what a world this is.. but it made me laugh at least :)
Ad with no link?
it wasn’t even a sponsored vid so i didn’t think abt it but since people are askin i put the link in the disc. go run it up g -ædish
@@AtriocClips appreciate you
Didn’t know wasn’t sponsored lol my bad
Who owns this channel? Tell Atrioc to restock their tan Enron hats
i mean i use “buy now pay later” services when it’s no interest payments. It’s literally free money. I have it set to auto payment to my 5% interest checking account and it will just deduct monthly automatically.
only don’t do it if you can’t afford it. in which case you shouldn’t be trying to buy the thing in the first place.
?????
Why would you need to use buy now services if you have the money?
@@subzerosanijsToo Gigabrained
@@subzerosanijs if everything else is the same, the longer you can avoid paying for something the longer that money has time to sit in your account & accrue interest
@@subzerosanijsCredit score
I afterpayed my house
I have and never will use after pay. I was forced to take a paycheck advance once and it turned into a cycle of having to keep doing it. That taught me all of it is a scam seeking the desperate.
That's why I want to invest in those cash advance companies, but I can't find any that are public
the only thing i learn for big A is that i have been right the whole time.
the trick to canceling gym memberships is to go to the gyms that your friends/peers work so they’ll cancel you no problem.
Instead of afterpay have you tried just saving money to get what you want
Yo legit like what you're so hungry that you can't wait 3 days to buy groceries
@@jimmy13morrison if you use afterpay for groceries you’ve made poor life decisions
I barely buy anything i maybe spend 100$ on myself a month but i use after pay for buying random shit ik i shouldn't 😂 like once every 4 months
I need a S&P 500 investing tutorial I literally don't know anything.
Go to a bank and sau that you want to start investing your money
Dont use sp500 its bad
I have the money to pay for my 80 dollar purchase. But I would rather pay 20 dollars every 2 weeks for 4 payments
I had a business idea this morning: reverse-Klarna.
You pick what you want, and you can pay £5 (or whatever you can afford) at a time till you've paid for it all. But they don't ship the item till you've paid for the whole thing.
It's like saving but someone else holds the money so you can't spend it.
I honestly think that its a good idea you should go for it
lowkey i was wanting to use after pay but everytime atrioc tells me no
how does rocketmoney make money
nevermind someone in chat asked for me