Payment Plans: Too Small to Notice
Payment plans go unnoticed: each payment looks small on its own. The problem is the total, because one more payment plan commits part of your budget before you make any new decisions. In personal finance, listing what you already pay in monthly payments and adding it all up is a step toward managing money and financial planning. It is financial literacy applied to credit, money habits, and spending habits, in the spirit of shopping psychology.
#paymentplans #personalfinance #moneyhabits #financialpsychology
Save, like and share for more insights! Subscribe to the channel.
FOCUS & FINANCE: Why do you overspend? Financial Psychology in seconds. Tue/Thu.