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Gen Z's 'Buy Now, Pay Later' Mentality

8 mins·07:30, 2 Jul 2021
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Gen Z's 'Buy Now, Pay Later' Mentality

8 mins
·
07:30, 2 Jul 2021
·

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The Monetary Authority of Singapore has raised concerns that Gen Z- digital natives born in the late-90s to early-00s- are spending carelessly, with many opting for the Buy-Now-Pay-Later service. We speak to Anton Ruddenklau, partner and head of financial services at KPMG to find out if younger people truly are moving away from traditional modes of spending, and what the consequences of that might be.

Image Credit: Lifestyle Travel Photo | Shutterstock.com

Presenter: Lyn Mak, Noelle Lim, Roshan Kanesan

Producer: Arleen Webber

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