LOUISVILLE, Ky. (WAVE) - It is fast, easy, and flexible and changing.

It sounds good, “Buy Now Pay Later,” but what’s not good is that payment plan can bring with it a few disadvantages.

Buy Now Pay Later apps are popping up on just about everything you buy. It can work for you or against you, but it’s all up to you.

Buy Now Pay Later is a modern day lay-away, a name from the Great Depression when layaway became popular because families were suffering financially. It stayed really popular until the 1980s and then began to decline.

Marcus Warren is the founder and president of Warren Wealth Management and tax planning. As a financial planner and investment advisor he counsels clients daily on smart money choices and investments.

“It just gave you the opportunity to purchase something n

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