Credit cards – almost everyone has it, with many having multiple cards. Everyone who owns it knows the general function of swipe it now, get your goods/services and worry about payment later when the bill comes. But is that all to it? Many are confused on which card to apply for. Which card is best for a certain occasion? Are they giving you the benefits you seek or are they brewing up a storm in your finances?
Read More![Defend Yourself From These 3 Logical Fallacies In Personal Finance [TFC 106]](https://thefinancialcoconut.com/wp-content/uploads/2021/09/FD-187-2-627x360.png)
Digital ads on personal finance and investments are becoming more and more prevalent these days: the Instagram Stories that insert themselves in your feed, the ad pop-up whenever you visit a website, that 5 second YouTube ad that we cannot skip…
The messages behind these ads seem compelling and attractive (“Stocks do not give you high returns, so you should invest in property!”, “Cryptocurrency is too volatile, does that mean it will crash?”, “Sign up for this course and become a millionaire!”) but did you know that many of these are essentially logical fallacies and do not hold water? Listen to TFC 106 and learn how to recognise 3 of the common logical fallacies used in digital ads and become a more discerning content consumer!
Read MoreIn Episode 6 of Stock Geekout, we geek out on retail giant Costco with Chris Susanto, founder of Re-ThinkWealth.com.
Read MoreBuy Now, Pay Later: How Does It Work? [Chills 34 With Hoolah]
The advancement of technology has given rise to a number of innovative fintech solutions and one of them is Buy Now, Pay Later (BNPL) where consumers get to buy products without having to pay the full price upfront. Instead, they pay zero-interest instalments over a period of time. How does this actually work and what are the possibilities for both consumers and merchants? Could BNPL spell trouble for consumers who might overspend, or is this an opportunity for others?
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