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Watch: Is It Possible To Live Cashlessly In Singapore?

For the sake of research (and fun), we forced DollarsAndSense Co-Founder Dinesh Dayani to live without physical cash for a week – and filmed it so you can watch.

 

With a repertoire of mobile apps, credit cards and other cashless solutions, is it possible to live for an entire week without touching any physical money?

For your benefit (and for the fun of it), we challenged our Co-Founder Dinesh Dayani to try living without cash in Singapore. Watch how he did – from buying food at the hawker centre, to buying groceries, and buying drinks for colleagues.

As he experiments with living the cashless lifestyle, he also ruminates about whether cashless is all that great. Singapore is striving to be a leading global financial hub, there are still areas for improvement when it comes to day-to-day life in the Lion City.

If we got you interested in the topic, you can meet the Singaporean family who are living almost entirely cashlessly or read our discussion on why the next generation will learn about the value of money differently, and why that’s okay.

 

Planning To Sign Up For A New Credit Card This January?

From now till 31 January 2019, you’ll receive exclusive cash and vouchers from SingSaver - on top of any perks given by individual banks - when you use our links to sign-up. Some of the cards eligible for the promotion are:

# 1 American Express Singapore Airlines KrisFlyer Credit Card

[SingSaver Exclusive]: $150 Cash for new and existing customers

26,600 bonus miles if you spend $3,000 within the first three months, and another $3,000 between 4th month and 6th month.

# 2 American Express Singapore Airlines KrisFlyer Ascend Credit Card

[SingSaver Exclusive]: $150 Cash for new and existing customers.

49,900 bonus miles if you spend $6,000 within the first three months, and another $6,000 between 4th month and 6th month, and pay the annual fee of $337.05

# 3 Citi PremierMiles Visa Card

[SingSaver Exclusive]: $200 vouchers Cash for new Citi customers. $30 for existing customers.

30,000 bonus miles if you spend $7,500 within the first three months and pay the annual fee of $192.60.

# 4 UOB PRVI Miles Visa Card

[SingSaver Exclusive]: $50 Cash for new and existing customers.

Note: If Air Miles cards are not your cup of tea, you can also take a look at cashback cards.

Terms and conditions apply. The FAQ can be found here.

DollarsAndSense.sg is a website that aims to provide interesting, bite-sized financial articles which are relevant to the average Singaporean. Love what you just watched? Subscribe to the DollarsAndSense YouTube channel for more great finance videos!

DollarsAndSense.sg aims to provide interesting, bite-sized and relevant financial articles.

Learn together with like-minded Singaporeans at the Personal Finance Discussion SG Facebook Group by discussing a range of personal finance topics.

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