How to Money Friday Flight - Keen on Cash, AI Granny, & Timing Incoming Tariffs #915
Dec 6, 2024
Explore financial pitfalls like predatory loan deferment and the importance of cash budgeting to avoid holiday overspending. Discover DAISY, an AI program that engages scammers while reflecting on tech's role in finance. Learn about navigating airline fees and the potential impact of tariffs on car prices. Dive into how internships can launch careers, emphasizing hands-on experience for future success. Plus, tips on combating package theft and DIY car repairs to save money.
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Predatory Loan Deferment
- A listener, Devin, received a predatory car loan deferment offer.
- The offer allowed skipping a payment for a large fee, ultimately costing more in interest.
Use Cash for Holiday Spending
- Consider using cash for holiday spending to avoid overspending.
- Cash creates finite limits, preventing debt hangovers from holiday purchases.
Speedy Deliveries Fuel Spending
- Speedy deliveries can fuel consumerism by reducing the time between buying and receiving.
- Retailers invest heavily in fast shipping because it encourages more frequent purchases.