In this week's edition of ST HeadSTart, we delve into the trending topic of buy now, pay later (BNPL) apps, which are increasingly visible at retail outlets. These apps offer a convenient way to make purchases without immediate payment, allowing users to spread costs over a few months without interest. However, experts Lynda Hong and Sue-Ann Tan caution that while they can be beneficial, there is a risk of overspending and losing track of financial commitments. The podcast discussion highlights the importance of being mindful of one's spending habits when using these services. Additionally, the article explores the benefits of group fitness classes versus solo workouts. Kolette Lim emphasizes that group classes can foster a sense of community and motivation, particularly for younger fitness enthusiasts. Ultimately, the piece encourages readers to weigh their options carefully, whether managing finances with BNPL or choosing the right workout environment.
Read the full article here.