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

Produced by: Arleen Webber

Presented by: Lyn Mak, Noelle Lim, Roshan Kanesan

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Categories:  Business Analysis,  Trends and Forecasts,  Markets,  Technology,  Tech,  Politics,  Social Issues,  law & legal matters,  Medical Innovation and Technology,  Investments,  Personal Finance,  Financial Literacy,  Young Finance

Tags:  Gen Z,  spending,  habits,  buy now pay later,  borrowing,