Monday, January 06, 2020

Wisdom of the Crowd - New Issues

1. Why do consumers prefer cash and credit card payments?
2. How can we ensure locals get jobs over foreigners?
Vote in
https://tklcloud.com/Crowd2/vote.aspx
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8 comments:

Anonymous said...

Cash is easier to keep track on spending.

January 06, 2020 1:43 PM
Anonymous said...

Credit card if you forget to pay by cut-off date interest charges are very high.

January 06, 2020 6:40 PM
Anonymous said...

Old habits die hard. Elderly prefer to use cash and cheque. The younger ones prefer credit cards and banking transfers.

January 08, 2020 5:45 PM
Anonymous said...

Visit those old HDB flats and you will realise that not many owned or have smart phones for the new tech concerning banking when their married children moved out.

January 09, 2020 12:23 PM
Anonymous said...

According to Jean Todt one of the well-off chap-he does not own a smart-phone. He only used his phone for calls and texts-the very basics

January 09, 2020 1:39 PM
Anonymous said...

Some use credit cards due to lack of choice. When salary time they paid the credit card bills. They than have less to spend. In comes the credit card and it becomes a cycle. During weddings some young couples like to impress. They than took loans from their credit cards to spend on a lavish wedding. They delay having children as they might have debt repayment newly wed.
January 09, 2020 7:38 PM

January 09, 2020 9:26 PM
Anonymous said...

Grand weddings put friends and families in a position where a couple had to spend a minimum $400 ang-pow just to be polite and show up. Simple weddings are for people who wants to celebrate the big day with the bride and groom.

January 11, 2020 2:39 PM
Anonymous said...

Credit cards are convenient when travelling. At times they have good promotions for buffets like pay 3 one dine free.

January 13, 2020 4:21 PM

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