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Shopping on installment

[Source: wpsba.com | Author:sanwazi |

Shopping on installment

Now more and more Chinese, especially the young, have begun to accept the notion of shopping on installment. They prefer to loan money from banks to buy cars or house immediately and then pay back the loan as well as the interest month by month, and year by year. Personally, I think that the people should change the consumption habits.

In the past, it spend ten or twenty years saving the money to buy cars, houses and other necessaries. They are too expensive so that the people can’t clear off the payment on non-installment.

It’s true that the bank loan may exert a financial as well as psychological burden, but with borrowed money you can enjoy your life earlier. So why not buy now, and pay later