022 The dangers of buy now pay later sites

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The dangers of buy now pay later sites

The prevalence of buy now, pay later websites has become a concern for me. I believe it can become a bigger issue than credit card debt.

I worry that this is going to be a huge problem in the future, especially with our young people. There’s a huge percentage of people who are used to having everything at their fingertips and having to pay for something in installments may seem to be a sweet deal because there’s no interest anyway.  However, there are possible hidden dangers that we will look at in the podcast. 

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Highlights

[01:53] Issues behind the buy now, pay later websites

[03:55] The impact of normalising buy now, pay later websites

[07:40] How to avoid the 'buy now, pay later' trend

Buy now, pay later

Often the buzz of having the item passes quickly, but the pain of paying for it remains

Eileen Adamson

What now?

If you need help in improving your financial wellbeing, I would love to help you to do that.  I have a membership group called The Money Cafe for female teachers. On there, I help female teachers to feel educated, empowered, and excited about money so please check it out.

 

Start right now by taking these 3 simple steps

Step 1: Check out my fabulous free resources for teachers

Step 2: Join my Your Money Sorted Facebook Group

Step 3: Fast-track your success and Maximise Your Money

Eileen x

Hi, I’m Eileen Adamson, teacher, money coach, host of Your Money Sorted Teachers' Podcast and ex co-host of BBC podcast Clever About Cash.  I help female teachers to become happier, healthier and wealthier.

Find out more about my membership group - The Money Cafe.  It's a friendly, safe space for teachers who want to feel good about money

For more information on how I can help you, please see my coaching courses, my favourite products and services, my Etsy shop or my Amazon shop.

financial coach for teachers

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