I am no fan of Buy Now, Pay Later 🎁

As they say, we already know what the next recession will look like. Flooding the market with crappy junk people don’t need and can’t afford but are deceived by the easy-payments of Buy Now, Pay Later.  Stuff that people will later on have to pay for get rid later on. Things often with little value, often with most of the value used up shortly after the product is delivered, and before it’s paid off.  Stuff folks can’t afford and won’t be able to pay back. It just makes me sick.

I have never liked consumer credit for any purpose. If you can’t afford it now, then you shouldn’t go out and buy it. Instead, you should save money, put it away until you have the money to buy it. Don’t take advantage of zero percent financing, but instead take advantage of the interest you can get from FDIC-insured savings accounts, especially the higher-interest online accounts. And when you take your time, you can reconsider how essential the purpose really is.

There are a lot of people out there who are legitimately poor. I get it, I grew up that way too. But I also have always rejected credit — if I can’t afford something, I won’t buy it. If there is something I really want, then I will wait until I have enough money saved up to buy it. Time to consider the product more carefully before purchasing. And I have always learned to live with less, even if at times it’s less comfortable.

I was reading Walden, by Henry David Thoreau and this passage, written in 1854 — 166 years ago — seem capture the world we live in overflowing with crap churned out by the factories, at least in redneck land where you can still burn things. I tell you, when I own my own land, purges will be fiery ….

My furniture, part of which I made myself, and the rest cost me nothing of which I have not rendered an account, consisted of a bed, a table, a desk, three chairs, a looking-glass three inches in diameter, a pair of tongs and andirons, a kettle, a skillet, and a frying-pan, a dipper, a wash-bowl, two knives and forks, three plates, one cup, one spoon, a jug for oil, a jug for molasses, and a japanned lamp. None is so poor that he need sit on a pumpkin. That is shiftlessness. There is a plenty of such chairs as I like best in the village garrets to be had for taking them away. Furniture! Thank God, I can sit and I can stand without the aid of a furniture warehouse. What man but a philosopher would not be ashamed to see his furniture packed in a cart and going up country exposed to the light of heaven and the eyes of men, a beggarly account of empty boxes? That is Spaulding’s furniture. I could never tell from inspecting such a load whether it belonged to a so called rich man or a poor one; the owner always seemed poverty-stricken. Indeed, the more you have of such things the poorer you are. Each load looks as if it contained the contents of a dozen shanties; and if one shanty is poor, this is a dozen times as poor. Pray, for what do we move ever but to get rid of our furniture, our exuvi?; at last to go from this world to another newly furnished, and leave this to be burned? It is the same as if all these traps were buckled to a man’s belt, and he could not move over the rough country where our lines are cast without dragging them,—dragging his trap. He was a lucky fox that left his tail in the trap. The muskrat will gnaw his third leg off to be free. No wonder man has lost his elasticity. How often he is at a dead set! “Sir, if I may be so bold, what do you mean by a dead set?” If you are a seer, whenever you meet a man you will see all that he owns, ay, and much that he pretends to disown, behind him, even to his kitchen furniture and all the trumpery which he saves and will not burn, and he will appear to be harnessed to it and making what headway he can. I think that the man is at a dead set who has got through a knot hole or gateway where his sledge load of furniture cannot follow him. I cannot but feel compassion when I hear some trig, compact-looking man, seemingly free, all girded and ready, speak of his “furniture,” as whether it is insured or not. “But what shall I do with my furniture?” My gay butterfly is entangled in a spider’s web then. Even those who seem for a long while not to have any, if you inquire more narrowly you will find have some stored in somebody’s barn. I look upon England to-day as an old gentleman who is travelling with a great deal of baggage, trumpery which has accumulated from long housekeeping, which he has not the courage to burn; great trunk, little trunk, bandbox and bundle. Throw away the first three at least. It would surpass the powers of a well man nowadays to take up his bed and walk, and I should certainly advise a sick one to lay down his bed and run. When I have met an immigrant tottering under a bundle which contained his all—looking like an enormous wen which had grown out of the nape of his neck—I have pitied him, not because that was his all, but because he had all that to carry. If I have got to drag my trap, I will take care that it be a light one and do not nip me in a vital part. But perchance it would be wisest never to put one’s paw into it.

I would observe, by the way, that it costs me nothing for curtains, for I have no gazers to shut out but the sun and moon, and I am willing that they should look in. The moon will not sour milk nor taint meat of mine, nor will the sun injure my furniture or fade my carpet, and if he is sometimes too warm a friend, I find it still better economy to retreat behind some curtain which nature has provided, than to add a single item to the details of housekeeping. A lady once offered me a mat, but as I had no room to spare within the house, nor time to spare within or without to shake it, I declined it, preferring to wipe my feet on the sod before my door. It is best to avoid the beginnings of evil.

Not long since I was present at the auction of a deacon’s effects, for his life had not been ineffectual:—

“The evil that men do lives after them.”

As usual, a great proportion was trumpery which had begun to accumulate in his father’s day. Among the rest was a dried tapeworm. And now, after lying half a century in his garret and other dust holes, these things were not burned; instead of a bonfire, or purifying destruction of them, there was an auction, or increasing of them. The neighbors eagerly collected to view them, bought them all, and carefully transported them to their garrets and dust holes, to lie there till their estates are settled, when they will start again. When a man dies he kicks the dust.

The customs of some savage nations might, perchance, be profitably imitated by us, for they at least go through the semblance of casting their slough annually; they have the idea of the thing, whether they have the reality or not. Would it not be well if we were to celebrate such a “busk,” or “feast of first fruits,” as Bartram describes to have been the custom of the Mucclasse Indians? “When a town celebrates the busk,” says he, “having previously provided themselves with new clothes, new pots, pans, and other household utensils and furniture, they collect all their worn out clothes and other despicable things, sweep and cleanse their houses, squares, and the whole town of their filth, which with all the remaining grain and other old provisions they cast together into one common heap, and consume it with fire. After having taken medicine, and fasted for three days, all the fire in the town is extinguished. During this fast they abstain from the gratification of every appetite and passion whatever. A general amnesty is proclaimed; all malefactors may return to their town.—”

“On the fourth morning, the high priest, by rubbing dry wood together, produces new fire in the public square, from whence every habitation in the town is supplied with the new and pure flame.”

They then feast on the new corn and fruits, and dance and sing for three days, “and the four following days they receive visits and rejoice with their friends from neighboring towns who have in like manner purified and prepared themselves.”

The Mexicans also practised a similar purification at the end of every fifty-two years, in the belief that it was time for the world to come to an end.

I have scarcely heard of a truer sacrament, that is, as the dictionary defines it, “outward and visible sign of an inward and spiritual grace,” than this, and I have no doubt that they were originally inspired directly from Heaven to do thus, though they have no biblical record of the revelation.