Buy now, pay later programs might seem like a magic wand, instantly shrinking the size of your initial payment for a purchase. But BNPL services like Afterpay or Klarna come with risks too. This week, “Financially Inclined” host Yanely Espinal talks with tech editor Joshua Bote of SFGate to get the full story on BNPL, so you can click “place order” with confidence. Dive in with us by watching the video below.

Think you’re financially inclined? Learn more about BNPL.

• • Check out Joshua Bote’s reporting on BNPL from SFGate

• • Compare different BNPL services with this guide from The Points Guy

• • Are you in an educational setting? Here’s a handy listening guide.

This podcast is presented in partnership with Greenlight: the money app for teens — with investing. For a limited time, our listeners can earn $10 when they sign up today for a Greenlight account at http://ww.greenlight.com/inclined.