Rationalizing a purchase because the monthly payments are small is a terrible way to approach shopping. If you don't have the money to pay for it upfront, you can't afford it. Full stop. People actually finance their phones, believe it or not. It boggles the mind.
They're not saying finance a phone. They're saying $1000 is not that much for a device you use throughout every waking hour for several years. The monthly framing helps understand cost as a rate, as we experience value as a rate.
People making an average hourly don't think of things that way. Paying $28/month for a phone provides much more liquidity for the unexpected, when the other option is spending over 25% of your months income, you're SOL if your car breaks for whatever reason, or you get a flat tire, or your water bill was unusually high.
I assume, then, of course, that you bought (or would buy) your house in cash only? After all, "If you don't have the money to pay for it upfront, you can't afford it. Full stop."
