04/21/2026
Credit Union Youth Month continues with today's tip for teens: Be smart about "buy now, pay later" spending!
Buy now, pay later options are installment payment solutions that divide the total of a purchase into smaller equal payments across several weeks. While these options can be helpful for fitting a higher-priced, can't-wait purchase into a fixed budget, they still add up. Be careful to stick to your budget, maintain your savings goal, and account for other expenses before hitting submit on that order. Having multiple buy now, pay later installments can lead to a lot of money coming out during a budget period. Shop smart and stick to your budget!
Speaking of budget, check out this free resource from HHCU and our financial wellness partner, Banzai, on how to set a budget: https://hoosierhills.banzai.org/wellness/resources/create-a-budget-coach