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.
Poll: Is it rude to talk on the phone on a bus?
Buses can be a relaxing way to get home if you have a seat and enough space. However, it can be off-putting when someone is taking a phone call next to you.
Do you think it's inconsiderate for people to have lengthy phone calls on a bus? Vote in the poll, and add your comments below.
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64.3% Yes
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33.3% No
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2.3% Other - I'll share below
Lost cat - Mt Eden
Still missing my girl 😔
Evie is a 13 year old grey tortie - quite pretty colouring (mainly grey with caramel) with some cream on her chest. No white on her at all. She has been missing since 16 November, 2023.
Please take a screenshot of this post so you have photos and my number handy in case you see her.
She likes people but might not let you pick her up so please take a video or photo if you see her and call me asap on 021 072 0933 (Anna).
She’s quite lean and small to medium size. When she’s happy she ‘talks’ ❤️ De-sexed and microchipped.
Last seen in Mont Le Grand Rd, Mt Eden. Please check your garage, shed, garden and under deck and house.
Apparently cats who are hiding don’t meow so please look carefully even if you don’t hear her. Thank you so much 🙏
Become an SPCA Foster Hero!
Kitten season has arrived, and over the next six months, over 8,000 cats and kittens will come into SPCA’s care. Please help us give these babies the best start in life and sign up to be a foster parent today! It's not just cats and kittens - we are also urgently seeking foster homes for dogs and small animals.
Fostering saves lives and helps these tiny babies grow into healthy, well-adjusted adults, ready for adoption. We cover all training and costs. All you need is time and love to spare!
Sign up today and save a life!
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