"Buy Now, Pay Later" (BNPL) can feel like a "treat yourself" pass, but it's not magic; it's psychology. This episode looks at why BNPL systems are so seductive, especially for those with financial instability or emotional trauma. We also look at actionable steps to manage BNPL use, such as identifying the emotions behind spending and addressing financial shame.

Transcript: https://savvy-psychologist.simplecast.com/episodes/how-buy-now-pay-later-companies-use-psychology-to-hook-you/transcript

Savvy Psychologist is hosted by Dr. Monica Johnson. 

Have a mental health question? Email us at [email protected]. 

Find Savvy Psychologist on Facebook and Twitter, or subscribe to the newsletter for more psychology tips.

Savvy Psychologist is a part of Quick and Dirty Tips.

Links: 

https://quickanddirtytips.com/savvy-psychologist

https://www.facebook.com/savvypsychologist

https://twitter.com/qdtsavvypsych

https://www.kindmindpsych.com/

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.