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Buy Now, Pay Later (BNPL) is a common financing option for online purchases and makes a great topic for teaching budgeting and borrowing. This video explains how “Pay in 4” works, why smaller payments feel manageable, and what happens when borrowers miss installments. Students will see two quick examples: in one, a shopper using BNPL pays on time and avoids fees; in the other, a shopper misses payments and ends up spending more than the original price. The video highlights key BNPL pros and cons and offers practical tips students can apply, like adding payments to a budget and tracking due dates.
By creating a free account on fre.org, this article can be easily assigned to your students using Blackboard, D2L Brightspace, Canvas, Google Classroom, and Schoology. The assignment contains a self-grading, multiple-choice assessment for the convenience of both teachers and students. This tutorial page will help you get started.
Check out the video by clicking the link below!
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