Why some people can’t get a good grip on their finances

Millionaires pay cash for stuff that you or I would probably have to make payments on. That’s why I’ve never been able to understand how someone with so much could ever end up with so little. But the truth is, it doesn’t matter if you’re working a part-time job at a movie theater or raking […]

Source: Why some people can’t get a good grip on their finances – CUInsight

Over 60% of Millennials are using ‘buy now, pay later’ services when shopping

The estimated £10 billion point of sale credit market is predicted to rise at over

Source: Over 60% of Millennials are using ‘buy now, pay later’ services when shopping, Kearney research shows – Global Banking & Finance Review

Many in-debt consumers are unwilling to stop spending

If your credit card balance grows to the point that you are unable to pay it in full at the end of the month, perhaps the prudent thing to do is to reduce

Source: Many in-debt consumers are unwilling to stop spending, survey finds

Consumers rely more and more on credit to survive

Survey shows large-ticket purchases such as cars and homes are dwindling owing to economic uncertainty

Source: Consumers rely more and more on credit to survive

Consumers are moving towards new digital payment platforms | The Examiner

pay later

Source: Consumers are moving towards new digital payment platforms | The Examiner

Chinese millennials are buying hamburgers on instalment, fuelling micro loan industry | South China Morning Post

Source: Chinese millennials are buying hamburgers on instalment, fuelling micro loan industry | South China Morning Post

Consumers can get in their own way when paying down debt, study shows

People spend about a third of their income on stuff they want even while paying the same share toward debt, which is only growing.

Source: Consumers can get in their own way when paying down debt, study shows