pay-as-you-go
Spend only available
Pay-as-you-go describes a system where you pay for something as you use it rather than in advance or on credit.
It applies to mobile phone plans where you add credit before making calls, tax systems where payments are deducted from each paycheck, and various services charged incrementally.
The approach appeals to those who want to avoid debt or large upfront costs.
I switched to a pay-as-you-go phone plan to control my spending.
Settled in advance
- top-upAdding to restore fullness
- rechargeRestore electrical capacity
- airtimeScheduled transmission period
- minutesSixty-second intervals
SIM · mobile · cellular · data · roaming · carrier · credit · balance
Settled in advance
- cashflowNet money movement
- outlayMoney paid for something
- installmentPeriodic partial payment
- meteredMeasured by instrument
usage-based · microtransaction · layaway · debit · flexible · affordable · predictable · transparent pricing
Keeping from another
- estimatedRoughly calculated beforehand
- quarterlyFour times annually
- prepaymentPayment made beforehand
- self-employmentWorking for yourself
W-4 · installment · liability · deduction · underpayment · penalty · voucher · tax year
prepaid
Settled in advance
- top-upAdding to restore fullness
- rechargeRestore electrical capacity
- airtimeScheduled transmission period
minutes · SIM · mobile · cellular · data · roaming · carrier · credit · balance · bundle
prepaid
Settled in advance
- cashflowNet money movement
- outlayMoney paid for something
- installmentPeriodic partial payment
metered · usage-based · microtransaction · layaway · debit · flexible · affordable · predictable · transparent pricing · on-demand
withholding
Keeping from another
- estimatedRoughly calculated beforehand
- quarterlyFour times annually
- prepaymentPayment made beforehand
self-employment · W-4 · installment · liability · deduction · underpayment · penalty · voucher · tax year · filing
- federal budgetfederal budget, appropriations, deficit, national budget, surplus
- fiscal policybudget deficit, deficit spending, national budget, budget surplus, budget deficits
- Prepaid Wirelessprepaid SIM, prepaid card, prepaid cards, SIM card, SIM cards
- prepaidprepaid card, prepaid phone, prepaid plan, prepaid debit, phone card
- top-upsphone credit, airtime, mobile data, reload, recharge
- Budget Processbudget process, budget reform, budget analysis, federal budget, appropriations
pay-as-you-gocredit
Recognition or payment deferral
buy now pay later · deferred payment · installment plan · financing · layaway
pay-as-you-gocontract
Enforceable written agreement
long-term contract · subscription · locked-in · annual plan · binding agreement
pay-as-you-godeficit spending
Expenditures funded by debt
deficit financing · borrowing · debt-financed · unfunded · fiscal stimulus