Description:

The course offers a hands-on approach to taking control of BNPL debt, including detailed steps for documenting debt, managing payment schedules, creating effective payoff strategies, and building a support system to maintain financial discipline. We dive into the mechanics and marketing of Buy Now, Pay Later (BNPL) apps, revealing their true nature as mini-loans with potential hidden fees and traps. Participants will learn why these seemingly convenient solutions can lead to overspending and disrupt cash flow, fostering a false sense of financial security.

This course is ideal for individuals who use or are considering using BNPL services and want to understand the risks and manage their finances better. It is especially beneficial for young adults, online shoppers, and anyone struggling to balance their budget when tempted by 'easy' financing options.

Objectives:

• Understand BNPL services, including hidden fees and interest.
• Recognize BNPL's impact on spending and financial health.
• Learn to document and review BNPL transactions.
• Develop strategies to manage and schedule payments.
• Create a plan to pay off BNPL debts.
• Establish a support network for financial accountability.