Cashless kids: Is tap-and-go technology promoting financial illiteracy?

“It’s buy now, pay later, it’s interest-free terms,” chief executive of not-for-profit Financial Basics Foundation Katrina Birch said.

“The fact that credit is so readily available to young people, there’s a huge risk for the level of debt they could get into early on in their life.”

The organisation provides free programs and resources for teachers, to help make teenagers more money savvy.

Posted in Quick News on August, 2017