Though I’ve touched on the age of discernment and the importance of taste in the times we live in, the rise of a new series of brands, apps, and business models that rely on small scale transactions and loans to stay afloat has given me reason to reexamine the issue, specifically, digital consumerism.
Though most commonly seen today in the form of gambling apps and the rise of ‘buy now, pay later’ schemes — even for items that once required just a few weeks or months of saving — it’s now easier than ever to delay payments, and just as easy to spiral into a cycle of debt. While that first shocking credit card statement after leaving home may feel like a rite of passage, the reality is that most people don’t have the wealth…
