The Hidden Dangers of Automatic-Payment Apps

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The Hidden Dangers of Automatic-Payment Apps
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For younger people, the technology has severed the connection between the things we buy and the act of paying for those things

To get a sense of how different spending is for my generation than for my parents’ generation, just consider one simple transaction: a utility bill. When my parents paid their utility bill, they had to take out their checkbook, put pen to paper, write a check and then record it in their checkbook. If they didn’t know how much their utility bill was, they had to be willfully ignorant.

My utility bill is paid automatically from my banking app. For me to know how much my utility bill is, I have to be willfully diligent. And the...

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