Sjmarf@sh.itjust.works to Asklemmy@lemmy.ml · 1 year agoWhat's the best advice you've ever received?message-squaremessage-square106fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1message-squareWhat's the best advice you've ever received?Sjmarf@sh.itjust.works to Asklemmy@lemmy.ml · 1 year agomessage-square106fedilink
minus-squareAtariDump@lemmy.worldlinkfedilinkarrow-up0·edit-21 year 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-squaretetris11@lemmy.mllinkfedilinkarrow-up0·1 year agooutlive your creditors in an unstable land?
minus-squareryathal@sh.itjust.workslinkfedilinkarrow-up0·1 year 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.
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?
outlive your creditors in an unstable land?
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.