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The Money with Katie Show

Rich Girl Roundup: When to Avoid Using "Buy Now, Pay Later"—And When It Makes Sense

The Money with Katie Show

Money with Katie

Investing, How To, Self-improvement, Business, Education

4.81.3K Ratings

🗓️ 20 November 2023

⏱️ 15 minutes

🧾️ Download transcript

Summary

More than 50% of American adults surveyed by The Motley Fool used "Buy Now, Pay Later" in 2021 and 2022—it's a common short-term financing option to make bigger purchases. So when should you use it, and when is it worth avoiding? Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week. Transcripts, show resources, production credits, and more can be found at https://moneywithkatie.com/rich-girl-roundup-buy-now-pay-later. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Rich Girl Roundup!

0:04.3

We love it!

0:06.9

Welcome back, Rich Girls and Boys, to the Rich Girl Roundup weekly discussion of the

0:11.4

Money with Katie Show.

0:12.6

As always, I'm your host, Katie Yaddi Tassan, and every Monday morning, Hanna and I dig

0:17.1

into an interesting, money, question, discussion, conundrum.

0:21.6

You name it.

0:22.9

Here's a quick message from our sponsors.

0:28.8

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0:53.5

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1:04.7

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1:06.8

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1:10.2

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1:15.4

case, that's Shopify.com slash Money with Katie to grow your business, no matter what

1:21.0

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...

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