Sjmarf to [email protected] • 8 months agoWhat's the best advice you've ever received?message-square115fedilinkarrow-up1110arrow-down16
arrow-up1104arrow-down1message-squareWhat's the best advice you've ever received?Sjmarf to [email protected] • 8 months agomessage-square115fedilink
minus-square@AtariDumplink1•edit-28 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@[email protected]linkfedilink2•8 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@AtariDumplink1•8 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?
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.
That makes sense; I figured that was the case but OP never said that.