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

Published: Nov. 20, 2023, 7 a.m.

b'More than 50% of American adults surveyed by The Motley Fool used "Buy Now, Pay Later" in 2021 and 2022\\u2014it\'s a common short-term financing option to make bigger purchases. So when should you use it, and when is it worth avoiding?\\nWelcome 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.\\nTranscripts, show resources, production credits, and more can be found at https://moneywithkatie.com/rich-girl-roundup-buy-now-pay-later.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'