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Question about the 30 day payment terms I keep seeing in contracts now
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johnson.daniel5mo ago
Seems like everyone's freaking out over payment terms lately. Abbyg14 has a point about net 30 being the standard, but is waiting an extra month for money really that big of a deal for most jobs? My last freelance gig paid on net 45 and I just planned my bills around it. What kind of work are you doing where 30 days breaks everything?
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abbyg145mo ago
Isn't it usually net 30, not just 30 days?
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murray.spencer5mo ago
Have you noticed how everything in this economy is designed to make you wait longer for money but expects payment upfront from you? @johnson.daniel is right that you can plan around it, but the whole system is tilted so businesses and landlords get paid fast while regular people float them for weeks at a time. It's just one more way the little guy absorbs all the risk.
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