The BNPL Trap: Why “Buy Now, Pay Later” Is Hurting Your Financial Future | Ep. 178

Are you caught in the cycle of 'buy now, pay later'? 💳💸 In this episode of The New Money Habits Podcast, Coach Nino Villa reflects on his journey in financial coaching and tackles the growing trend of BNPL traps.

In this insightful episode, you’ll learn about:

• The psychological factors driving impulsive spending


• The importance of financial literacy in today’s consumer culture


• The necessity of shifting your mindset to plan and save before making purchases


• How to use sinking funds as a practical solution to avoid debt and achieve financial freedom

Join Nino as he introduces the concept of Plan Now Buy Later (PNBL), a proactive approach to managing your finances that empowers you to make informed purchasing decisions. Say goodbye to debt and hello to financial freedom!

#NewMoneyHabits #PlanNowBuyLater #FinancialLiteracy #DebtFree

📌 Helpful Resources Mentioned in the Episode:

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•  Download the Payday Power Planner: Streamline your budgeting process with our FREE planner: https://www.newmoneyhabits.com/budgeteers/helpful-tools 


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• Submit Your Questions: Have questions for the host? Email them to [email protected]


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• Download the Food Number Calculator: Streamline your budgeting process with our FREE planner: https://www.newmoneyhabits.com/budgeteers/helpful-tools


• Schedule a Call: Book a FREE call with Coach Nino to discuss your financial goals: www.newmoneyhabits.com/budgeteers/contact.


• Enroll in Our Online Course: Take your first step towards financial freedom with our course, "How to Create a Better Budget: Your Foundation to Financial Freedom": www.newmoneyhabits.com/bootcamp.

🎵 Music Credits: This episode features music by Summer School.

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