Coachella’s on Klarna and So Is Your Dinner: Gen Z's Debt Spiral Just Got Louder

Coachella’s on Klarna and So Is Your Dinner: Gen Z's Debt Spiral Just Got Louder

Our generation might be financially cooked—and Coachella just dropped the mic.

This year, 60% of Coachella tickets were bought on finance.

That’s right—people are paying off a music festival like it’s a used Honda.

But it’s not just a $600 wristband anymore.

We're financing everything:

Doordash, Uber Eats, Shein, Target—

even Chili’s. Yes, Chili’s.

We’ve entered an era where people are in debt over a 3 for $10 meal deal.

Now, normally in a cost-of-living crisis, people pull back on non-essentials.

But the geniuses behind these companies got together and said:

“Can’t afford it? Let’s break it into 6 easy payments.”

And it worked.

By 2023, over half of Gen Z had used Buy Now, Pay Later.

By 2024, the U.S. outspent the top 4 BNP countries combined.

And by 2027, $450 billion will be flowing through this model globally.

But here’s the kicker:

Only 26% of Gen Z think they’ll ever own a home by age 35.

So the question isn’t whether we’re buying time or digging our graves.

It’s this:

Is Buy Now, Pay Later helping us survive the crisis?

Or is it just capitalism’s way of monetizing desperation one installment at a time?

Let us know where you land—and maybe don’t Klarna your next burger.