Buy Now, Pay Later?

I often see commercials for buy now and pay later services. While it sounds appealing to get something now and pay for it slowly over time (often with no interest), it also makes it easy to justify buying things you don't really need and locks you into future payments you might not be able to afford. Using one of these pay later services, it can be tempting to collect items that you might not even care about by the time you finish paying for them. Your ability to evaluate if something it truly worth the price is diminished. For example, when you think about buying something for $16.25 for 4 months instead of $65, you won't put as much careful thought into the purchase. Also, if you miss a payment, you will be on the hook for fees and interest.

How can you make better spending decisions and not collect things you don't really want or need? What might future you rather do with the money you are spending? How might a financial coach help you reach your money goals by making smarter spending decisions?