Happy Fourth of July to the American YNAB'ers out there!
Following Apple's recent announcement of their "Apple Pay Later" plan, in which customers can split the cost of purchases over multiple installments using Apple Pay, Jesse rants about the state of financing among successful companies. As he has noted before, nearly all successful companies eventually become finance companies, and Apple is no exception.
Buy now, pay later (BNPL) plans may be good for Apple's bottom line, but they are bad news for consumers. Research has discovered that people tend to buy 40% more with BNPL plans than they would have with cash. Then of course there is the interest and penalties that come with missed payments. Jesse has a bone to pick with this...
Send Jesse an email at:
askjesse@ynab.com
Sign up for a free 34-day trial of YNAB at www.youneedabudget.com
The Allure of Plastic
Age of Money When it Just Keeps Climbing
Ep 10 Debt Story: Meet Erin
Rule Three and Alabama Football a little
Rule Two the In-Laws are Coming
Rule One in an Afternoon.
Priorities Priorities Priorities
Ep 09 Debt Story: Meet Chelsea
Goals and a Single Piece of Paper
Ep 08 Debt Story: Meet Megan
Annual Goals Reviewed Daily
Moving the Pine Needle
Hassle and Bustle
Student Loan Syndrome: an Interview with Ryan Law
No News is Good News For You
How to Time the Market
Thanksgiving 2018: Gratitude Combats Discontent
Pay Yourself First
Big Goals the End
Why is Forecasting Bad
Create your
podcast in
minutes
It is Free
We Study Billionaires - The Investor’s Podcast Network
Money Girl
So Money with Farnoosh Torabi
Money Tree Investing
The Disciplined Investor