'Invisibility' makes managing money hard for youth
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I thought this is a pertinent point on a potential problems with Singapore's push towards a Smart Nation....cashless payments using phone is not unlike using credit card...not having to deal with real money means you do not realise you are actually spending a lot till the bill arrives and you calk up hefty debts...
Qn: ‘Despite our rapid technological advancements, we have not improved our lives.’ Do you agree? (CJC Prelim 2016)
I thought this is a pertinent point on a potential problems with Singapore's push towards a Smart Nation....cashless payments using phone is not unlike using credit card...not having to deal with real money means you do not realise you are actually spending a lot till the bill arrives and you calk up hefty debts...
Qn: ‘Despite our rapid technological advancements, we have not improved our lives.’ Do you agree? (CJC Prelim 2016)
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