The Digital Payment Device That Helps You Spend Less

The video discusses how credit cards make spending easier and less mindful, leading to a disconnection from money. Gary Amit observed this with his daughters, who struggled to manage money with debit cards. He created the Scrip, a device to encourage mindful spending. Research shows people are less responsible with credit cards. The Scrip faces challenges in becoming mainstream but could help in niche budgeting scenarios.

What are some of the psychological effects of using credit cards compared to cash?

What challenges does Gary Amit face in bringing the Scrip device to market?