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Here are ways to use BNPL plans during the holidays without falling into debt.
You cant rely on hope to pay it off.
Beware of Hidden Costs
Some BNPL plans are interest-free.
Some BNPL plans look appealing up front, but they can come with costly terms that kick in later.
A credit card probably hascash-back or rewardspoints that a BNPL doesnt have.
Youll save more in the long run.
You cant rely on hope to pay it off.
Keep a Running Tally
Buy now, pay later offers instant gratification and delayed consequences.
see to it to include the interest rate and shipping in your costs, too, she said.
Woroch also recommended checking in with your BNPL bills monthly to ensure you stay on budget and dont overspend.
Unlike a credit card where you pay what you want or can afford each month as interest piles up.
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