- Buying an education on credit is worthwhile because you make more money.
- Buying a couch on credit is stupid because there is no opportunity.
- Buying a car with credit could turn out either way. If you can keep a job as a result, it makes sense. If it merely makes you feel good, then it doesn't.
So ask him what the opportunity is. If he doesn't have a good answer, then cut your losses.
Cheers,
Ben