[quickthrowman]

> A lot of people aren’t going to have that $433 at the end of the lease to purchase the device outright

If someone can’t plan ahead 2 years for a $433 expense, they definitely should not have a top of the line iPhone. When my income was low I had an iPhone SE that cost $329.

[thisislife2]

If everyone was as rational as you, Americans wouldn't be living in debt that most cannot afford. Most Indians have a healthy fear of debt, and that is why the iPhone doesn't have a larger share of the mobile phone market here as it really is unaffordable to most Indians (as it is for many in America). Americans however have accepted debt as a normal part of their lifestyle. When a rich man says poor people shouldn't be ordering food through Door Dash, it sounds very cynical but there is a basis of truth in it that some poor people really do not know how to manage their finances.

[blackqueeriroh]

This is not why Americans are in debt. If you really think this you understand so little.

That rich man was born into wealth, so he has no concept of the lives of poor people.

[Danox]

Most people don’t take a personal finance class and they also don’t plan ahead short term thinking is the norm and that percentage is over 50% of the population.

[paxys]

Well there’s a reason Americans have $1.25 trillion in credit card debt.

[maratc]

Now let's count their mortgage debt.