According to Oxford Dictionaries’, the definition of convenience is the state of being able to proceed with something with little effort or difficulty. So therefore, convenience purchases would be products or services that you purchase to make a process or task easier to accomplish.
Companies being convenient with whatever it is that they offer is essential to business success in a world filled with technology. Technology has made a great deal of things very easy to access. However, all of that comes at a cost that may not seem like a lot upfront, but can really make an impact over time.
Check out the newest episode of Wallet Watch, brought to you by MSU Federal Credit Union/OU Credit Union to help you start thinking about what is the cost of convenience. If you would like transcripts for this episode or any of our episodes, email us at [email protected]
Transcripts offer an excellent way to have a copy of the tips and topics we cover in each episode.
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