Hello, whinabers my name is Jesse Meekham and this is podcast number 214 for Wienab, where we teach you four rules to help

you stop living paycheck to paycheck, get out of debt and save more money.

The other day I was purchasing something and the only payment option was

PayPal. I went through the process and then I was a little confused and I didn't see

where I should click to be able to continue and actually purchase the software I was buying.

And I can't remember what the software was.

I'd tell you, but I can't remember at this moment.

But I was going through the purchase and then PayPal suddenly tells me

something that it doesn't normally tell me and I recognize then that they were

saying hey do you want to bill this later I think it was a $40 purchase. Do you want to do the Bill Me Later service?

And I think Bill Me Later is a service that they purchased. But they want me to borrow the

40 bucks that I wanted to use to purchase the software and then pay them back and they can make some money.

The thing that bugged about it was I had to explicitly opt out of the bill me later option.

Normally, when they introduced bill Me Later, it was,

here's one option, and then here's the normal pay option.

This time, I had to say no, just let me do the normal process.

And then that option came up, and then I could carry on my way spending my 40 bucks.

But have you noticed that every, not every, a lot of successful companies always end up going toward becoming a financing company.

GE has a finance arm, a huge finance arm,

PayPal is now a financing company, car companies are actually financing companies.

You have all of these alternative lenders that are popping up and they're not payday lenders because that has a little bit of a stigma attached to it,

but services like cabbage and there's

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