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Many consumers are taking advantage of BNPL services to break up expensive payments into four or more installments.

How Buy Now, Pay Later Is Changing Household Finance

Interest-free "buy now, pay later" services are growing in popularity, allowing consumers to break up expensive purchases into 4 or more monthly payments. Is BNPL a great tool for cash-strapped consumers, or a financial risk?...
4 min read
Freedom of choice
Definitions

Freedom of choice

Saddique Ansari • February 04, 2020 • 1 min read

Author bio

Choice

Choice refers to the ability of a consumer or producer to decide which good, service or resource to purchase or provide from a range of possible options. Being free to chose is regarded as a fundamental indicator of economic well being and development.

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Image of a beautiful cathedral in Spain.

How Purchasing Power Parity Explains the Boom in International Retirement Services

Retirees are using purchasing power parity to stretch their savings by relocating to lower-cost countries like Spain....
3 min read

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