Quote:
Originally Posted by preciousjeni
People are dumb and obsessed with spending. They still have their credit cards and still don't know how they're supposed to be used (i.e. paying off the balance at or before the end of the month). Then again, this is New York and there's a lot of money floating around, so...who knows.
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Getting a new phone if you need to renew your contract really isn't that expensive. Also, people will make getting a new phone a priority, especially if they're young and have a lot of disposable income.
Just because someone is spending money now doesn't mean that they're being irresponsible with credit.