The Money with Katie Show

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

11.20.2023 - By Morning BrewPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

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

More episodes from The Money with Katie Show