Sjmarf to [email protected] • 2 months agoWhat's the best advice you've ever received?message-square122arrow-up1112arrow-down15
arrow-up1107arrow-down1message-squareWhat's the best advice you've ever received?Sjmarf to [email protected] • 2 months agomessage-square122
minus-square@[email protected]linkfedilink1•edit-22 months ago Collect what you’re owed as soon as you can. Ok, with you so far. Pay what you owe as late as you can. But if there’s interest, this is going to screw me over as I’ll have to pay more interest (on a CC / etc) What am I missing with the second one?
minus-square@ryathallink2•2 months agoIt’s more about non interest scenarios. If payment isn’t due for 30 days, you wait 30 days to pay. If it’s a place that won’t fight you, wait 40 and then pay. Companies do this all the time.
minus-square@[email protected]linkfedilink1•2 months agoThat makes sense; I figured that was the case but OP never said that.
Ok, with you so far.
But if there’s interest, this is going to screw me over as I’ll have to pay more interest (on a CC / etc)
What am I missing with the second one?
It’s more about non interest scenarios. If payment isn’t due for 30 days, you wait 30 days to pay. If it’s a place that won’t fight you, wait 40 and then pay.
Companies do this all the time.
That makes sense; I figured that was the case but OP never said that.
outlive your creditors in an unstable land?