> They don’t want to see another monthly number chipping away at their bank balances month after month, year after year.
They don't?
My uneducated take?
- People won't buy anything full boat that they can buy monthly
- People prefer monthly payments
- People don't actually track their monthly payments, because generally people are bad at money stuff
It's not an accident that BNPL companies like Affirm and apparently Apple now are mooning right now
Personally? I really like software subscriptions. They are zero commitment, auto-updating, and usually a good value relative to the price. When I'm done with them, I stop paying. Easy.
Amazon Subscribe and Save is a perfect example. The items I get that I'd usually skip on getting until I absolutely had to (because work and life get in the way) come in bulk every three to six months when I need them. That's incredibly valuable for me.
Most of y'all who are for paying full boat are speaking from a privileged position where full boat isn't much. For a lot of people, Office 365 with Word, Excel and PowerPoint for $6.99/mo is a much more achieveable than the $99 for a single version with feature-toggled restrictions (and better than dealing with cracks).
Then again, I think that ownership in general is overrated, so I realize that I'm a contrarian on this