• AtariDump@lemmy.world
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    7 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?

    • ryathal@sh.itjust.works
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      6 months ago

      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.