Credit is prevalent in our daily lives now. From credit cards, auto loans to mortgages, credit has long become a part and parcel of our lives. However, when it comes to managing of credit, many do not see the importance in it.
Some might remember that I talked about an article written by Cai Haoxiang in The Business Times in 2013. He wrote about what an average household's monthly expenses could look like in 2042, using the Household Expenditure Survey 2007-2008 from the Department of Statistics as a reference.