Gen Yers and Zers are turning to payment services like Klarna, Afterpay, and Laybuy to help their wallets keep up with their shopping habits. But due to a lack of education regarding financial responsibility, how are these ‘buy now, pay later’ services impacting their financial futures?

Feelings of shame around debt and a lack of engagement from traditional institutions have long hindered financial discussions among women. Gen Y ‘finfluencers’ are changing this status quo, using their social media savvy and relatability to improve their followers’ relationships with money.

'Buy now, pay later' schemes offer a short-term solution for shoppers in a tight spot, but some say they can also lead to credit score damage. As people navigate financial uncertainty brought on by the pandemic, a Klarna initiative is offering education instead of a 'buy buy buy' message.

Christmas shopping has started early in the UK as people look to get the ball rolling on what is likely to be the most disrupted of celebrations in recent memory. With people unsure whether they can see their family or afford their usual splurge, Christmas is already high on the agenda.