Hi, I’d like to apply for a mortgage. No, just a kid’s mortgage, thanks.
The screenshot shown references nothing about a payment plan or a 69% APR. What am I missing?
Pretty sure that’s just OP making a snarky comment in reference to payment plans for pizza
Ah, very likely. I’m a literalist at heart, which is often at odds with posts of this nature. Thank you.
That’s not what the image shows though. It’s comparing a kids 8oz hot chocolate to a short 8oz hot chocolate which have different prices despite being the same items.
I have seen a few posts going around about how there are short term loans like affirm being used for coffee shops but the image here just isn’t at all related.
Yes, that is what the thread starter said as well.
I believe what OP is trying to communicate is that charging adults and children different amounts for a hot chocolate is as dystopian as buying a pizza on credit.
All of the “buy now pay later” or pay in installment schemes/apps popping up, supposedly they are popular but I don’t get it, it is just a worse credit card.
With credit cards you’d have to pay in full next month or pay interest. Here the installment plans go to to 3 or 6 months without interest.
You also don’t need to own a credit card so no need to pay that monthly fee.
The longer time to pay makes sense but the cards I have dont charge me for having them, I know availability of cards may vary though, some people might not have decent card options, I guess it makes sense.
Not all of them are without interest. In fact, the ones you’ll find the most are quite usurious.
Kids items have been cheaper as long as I can remember. I guarantee a restaurant you’ve been to has had two identical items at different prices, or things that are cheaper and you get more of the thing. The only thing modern about this is taking a screenshot of your cart.
It’s called price discrimination, and it is, in fact, not new at all.
Consider, for example, that children generally also pay less for entrance into theme parks, swimming pools, and many tourist attractions, or can get a library card for free while adults have to pay full price. It actually makes a lot of sense when you consider that children generally do not earn their own money, and even if they do, they tend to earn a lot less than adults.
This is literally “from each according to their ability, to each according to their needs” in action.
Are there places that make adults pay for a library card? I’ve never heard of this in the US at least.
“It’s to-go, my kid loves the food here”
the empty house that OP lives alone in
And this is the innocuous form of it. Places who don’t serve children often are generally happy to make their profits off of adults and worry less about income from the odd child (especially Starbucks).
If you want to see real tiered pricing, look at all the fast food apps. The purpose of those is to extract as much money from you as possible. Those who don’t want to deal with them pay double, and they don’t lose much business from those who refuse because they’re often willing to use the apps.
Switch Kids out for Wedding and triple the price.
Eh, I have similar feelings, but there is a reason for the wedding price increase. As a florist once told me, there’s a reasonable amount of ‘oops’ that can happen with a regular customer, and they’re often accommodating. Only 11 roses came to the door on valentine’s day, but they ordered 12? An apology and a discount is often more than enough to make the customer happy. If a bride doesn’t get a perfect flower arrangement, it’s already too late.
Extend that to the other sorts of merchants you’ll be dealing with at a wedding, and look at the cost increase as buying super, ahead-of-time insurance to ensure that everything is perfect. For something like the cake or photos, that means you have to dedicate more time or resources than usual to make sure absolutely nothing goes wrong (enough to notice). Two photographers instead of the single photographer for a corporate shindig, three cakes baked just in case one of them turns out slightly flat, that sort of thing.
But this is a screenshot of your cart at the Starbucks app?
Am I missing something here? This doesn’t make any sense. It’s not even related to a loan
the kids size and the smallest size are the same size but a different price
the title references something else than the image
some places allow you to pay for stuff over a period of time, so you can actually be financing something like a pizza
