5 Things You Should Never Go Into Debt For
Everywhere you look, there are offers for loans, installment plans, or pay-later options. Very tempting, but financially speaking, a trap. This video is about five things you shouldn't go into debt for.
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Most people have more desires than money. But advertising often claims that you can buy anything even without the necessary funds: with zero-percent financing. For many, this is the first step into the debt trap. That's why this video explains what you shouldn't go into debt for.
"Wahn & Sinn" is made possible by GLS Bank. » SOURCES & INFO «
Klarna Fashion:
https://www.klarna.com/de/klarna-shop...
How much clothing does each German buy?
https://www.mdr.de/wissen/umwelt/fast...
How much money is spent on new cars?
https://www.businessinsider.de/wirtsc...
Background information on zero-percent financing from the consumer advice center:
https://www.verbraucherzentrale.de/wi...
How many marriages are registered in Germany? Divorced:
https://www.bpb.de/system/files/dokum...
What does a wedding really cost?
https://www.hochzeitsportal24.de/blog...
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"Money makes the world go round" - and yet most people know very little about economics. It's totally boring, right? I see it differently.
I'm Johannes, and I spent several years training and working at a traditional bank. At some point, I'd had enough of "more profit" being the sole objective of my work, which is why I finally quit.
On this channel, I want to explore each week how our economy works - and how it might work.
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