Buy Now, Pay Later Can Now Wreck Your Credit Score.
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Coming up on today's episode, we're talking about buy now, pay later. We're talking about the new regulations that come into play, how buy now, pay later actually make money, how one woman ended up with $50,000 worth of debt, and does it impact your credit score? Spoiler alert, it does.
You may have heard many finance pros in the last few weeks talking about should we be selling out of the US? Basically, everyone is panicking. Is there an AI bubble? What is going on with Trump? And should we be looking at diversifying? So we're going to get a chartered accountant's take.
Then we have the $110 billion merger between Warner Brothers and Paramount. There is something huge going on in the U.S. with over 12 states that are objecting to this, but Sophie actually just wants to be paying less for her subscription, so who's right? Not me, apparently. And Sophie's got a bonus story, but we're giving you no details.
So stick to the end to hear that one. Hi, and welcome to The Curve Weekly, where we read the finance news so that you don't have to. I'm Sophie Hallwright, ex-TV and radio producer, who really understood absolutely nothing about the economy, stock market investing. And today I'm joined by a very special guest. Hey, I'm Abby Foster. I'm an ACA target accountant, but also finance creator, author and presenter. But before we dive in, a quick word from today's sponsor.
This episode of The Curve Weekly is made possible by Pathfinder KiwiSaver plan, helping you invest alongside your values.
Pathfinder's one mindful money, best ethical investing provider for five years running. So we've teamed up with them to bring you the ethical hotline. Got questions about the ethics of an investment or unsure where you draw the line? Submit your questions via the link in the podcast show notes. And thank you so much to Pathfinder for making this episode of The Curve Weekly possible. Pathfinder Asset Management Limited is the issuer of the Pathfinder KiwiSaver plan. A product disclosure statement is available at pathfinder.kiwi. Today, we are very lucky to have Abby Foster, chartered accountant, founder, author, presenter. Do a bit on social, you know, just a bit. Oh, my God. Yeah, I forgot the key, key one.
So for anyone that doesn't already follow Abby on socials, she does such amazing content. What I love about the way that you talk about money, I feel like I'm in trouble sometimes, which is, I think, a good thing. I'm the kind of person I need to go to a gym class that I get yelled at. And I often find when you tell me I need to do something, I'm like, okay, I need to go do it. And maybe it's the teacher in you too because that's another thing we haven't mentioned. You go into schools and do a lot of financial education.
Yeah, I think I am. I've naturally brought that teaching style into my social media and it's just because that's how I learned to kind of put my face on social media. Because I'm not naturally, especially when I started, I wasn't naturally born for social. I wasn't recording myself for anything else. And then when I was doing that, I was like, I'm going to have to kind of put a persona on. And that persona became like teacher, Abby, the accountant that teaches finance.
But yeah, you make it so easy for everyone to understand. And I have on my lap right now, the money manual. That is my first book. Yeah. And is the second one on its way? Can you talk about it? Is it all? Okay, right. So for anyone that's wondering why we have you filling in for Vic this week, she is focusing on some outrageously exciting things that we've been working on for a long time at The Curve. And she messaged me the other day saying, like, honestly, I'm just – I really don't know how I'm going to find time for the podcast this week, and I don't want it to suffer. And I thought, do not fear. I know exactly who we'll be getting on. And I called Abby on a Sunday, and I was like – How are you placed?
Do you have any time to help us keep up with the news? So thank you so much for filling in. No, it's an absolute pleasure.
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