From Luxuries to Groceries: The Evolving Landscape of Buy Now, Pay Later The trend of “buy now, pay later” (BNPL) has shifted from a niche financing option for big-ticket items to a commonplace method for managing daily expenses among younger consumers. Originally popular for splurges like concert tickets or vacations, it’s increasingly being used by Gen Z and millennials for routine purchases such as groceries, contact lenses, and household essentials. This shift is highlighted by the fact that individuals aged 35 and under make up over half of BNPL users, compared to their smaller representation among traditional credit card holders. The change in spending habits is also reflected in the types of products being financed through BNPL services, with apparel and accessories dropping to fourth place in popularity behind categories like travel, home, and garden, and hardware. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts In Gold We Trust, Own Silver We Must READ MORE How Weakening Debt Terms Are Reshaping the Bond Market READ MORE ECB Poised for June Rate Cut to Stay Ahead of Inflation Curve READ MORE Central Bank Gold Buying – Latest Trends and Developments READ MORE U.S. Labor Market Holds Strong; First Quarter Productivity Sees Minor Dip READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment