In this episode of the Sunlight Tax podcast, I dig into the real impact of Buy Now, Pay Later (BNPL) services on spending habits and financial health. These "pay-later" plans may seem harmless, but they can quietly lead people, especially young consumers—into cycles of debt and financial stress.

I break down how BNPL changes the way we think about money, what the long-term risks are, and why financial education is one of the most effective tools for protecting yourself. Research shows that learning even the basics of personal finance can save you tens of thousands of dollars over your lifetime.

Also mentioned in this episode:

02:00 Introduction to Personal Finance and Consumer Culture

04:15 The Dangers of Buy Now, Pay Later Services

06:37 The Importance of Personal Finance Education

09:49 The Value of Financial Literacy

12:28 Building Wealth Through Smart Financial Habits

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Links:

New York Times Article: They Got To Live A Life Of Luxury. Then Came The Fine Print

'Buy Now, Pay Later' has built a delirious new culture of consumption — and trapped users in a vortex of debt.

CNBC Article: You can put a price tag on the value of a personal finance education: $100,000

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