Convenience funding might be quick but can come at a cost…
We’ve all become time poor and look for opportunities to get things done quickly and with little fuss. This has led to increased use of online platforms with matrix driven (no human involvement) approvals and while this can make sense for low value and simple finance needs it can lead to significant cash flow problems with larger capital purchases, business purchases or where there is an accumulation of smaller value asset purchases.
The convenience trap can affect you in the following ways:
· For larger capital purchases/business purchases – because this generally involves assets that have more complexity and need for understanding around them, an online approach for finance will rarely work well. This is because it is too challenging to capture any in-depth understanding of the asset itself or its economic or useful life in your business. Any approval here will likely be on terms that suit the financier best and with little or no consideration of whether this makes sense for your business or considering the impacts on cash flow.
Neighbourhood Challenge: Who Can Crack This One? ⛓️💥❔
What has a head but no brain?
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
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Some Choice News!
Many New Zealand gardens aren’t seeing as many monarch butterflies fluttering around their swan plants and flower beds these days — the hungry Asian paper wasp has been taking its toll.
Thanks to people like Alan Baldick, who’s made it his mission to protect the monarch, his neighbours still get to enjoy these beautiful butterflies in their own backyards.
Thinking about planting something to invite more butterflies, bees, and birds into your garden?
Thanks for your mahi, Alan! We hope this brings a smile!
Boxing Day Alert! Grab a Mattress That Feels Out of This World
Ever wondered what it’s like to sleep on a mattress designed by NASA? Tempur started in space, and now it’s here to give you next-level comfort right at home!
Imagine a mattress that cradles every curve, reduces pressure, blocks your partner’s tossing and turning, and lasts for years. Side sleeper, back sleeper, or somewhere in between - there’s a Tempur just for you.
Even better? Perfect timing! Our Boxing Day Sale is happening now! It’s the perfect chance to grab your dream mattress and upgrade your sleep before the year ends.
Find your nearest Beds4U store: beds4u.co.nz...
Browse all Boxing Day deals: beds4u.co.nz...
Want to learn more about Tempur mattresses before you buy? Check out our guide here: beds4u.co.nz...
Neighbours, your dream bed is waiting - don’t let another sleepless night pass!
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