The Ultimate “Buy Now Pay Later” Scheme

Amar Pandit , CFA , CFP

May 6, 2022 | 2 Minute Read

We are all familiar with “Buy Now Pay Later” schemes. We come across them every day.

A typical pitch is “Want to Buy something. Don’t have the Money now. Don’t Worry. We have your back. We have a special 0% interest (and no down payment) offer for you.”

And this is Serious Big Business as we live in a world of instant gratification.

This insightful tweet however covers the Ultimate Buy Now, Pay Later scheme.

Everything comes at a COST. Sorry a PRICE. There is nothing called FREE (or CHEAP).

If we get something FREE or CHEAPER Now, we will have to Pay the Price for this Later (in some form).

Similar Post

Nano Learning

Another 3 Equations

Amar Pandit , CFA , CFP

Further to my last nano, “A Powerful Equation to Remember”, I share a few more equations, which are equally powerful. Stock Market Volatility leads to ....Read More

16 September, 2022 | 1 Minute Read

Nano Learning

Yet Another Irony

Amar Pandit , CFA , CFP

I had written a post “The 2 Other Ironies of Investing”, which many of you loved. Guess what! There is another interesting one. While I have written about it before, but this o ....Read More

18 November, 2022 | 2 Minute Read

Nano Learning

When to Invest and Sell

Amar Pandit , CFA , CFP

Let’s try to answer this question together.When should we Eat?Answer: When we are hungry.When should we Rest?Answer: When we are tired.Likewise, when should we Invest?Answer: Whe ....Read More

7 January, 2022 | 2 Minute Read

Nano Learning

All investing boils down to these 3 questions

Amar Pandit , CFA , CFP

On second thought, let me add 3 words before the word investing in the headline.All naïve stock market investing boils down to these 3 questions.Will the market go up or down?Whic ....Read More

24 December, 2021 | 2 Minute Read

Nano Learning

The Next Two or Three Feet

Amar Pandit , CFA , CFP

Anne Lamott in her book “Bird by Bird: Some Instructions on Writing and Life”, has written some amazing lines. They are so relevant to investing as they are to every walk to li ....Read More

14 January, 2022 | 2 Minute Read

Nano Learning

The 2 Choices that we have

Amar Pandit , CFA , CFP

In Investing or in Life, these are the 2 choices that we have: Better in Investing means: Knowing your WHY Taking a Long-Term View of Investing Ignorin ....Read More

17 July, 2020 | 1 Minute Read