Personal Finance
Spreading Fake News Can Cost You Up To $100,000 and Incurs Cost on The Economy
By Seedly  •  May 5, 2020

With Circuit Breaker, I find myself having more conversations with my father over dinner.

Just a few nights ago, our dinner topic revolves around a Facebook post that was widely shared in his Whatsapp Chat.

The post is a slideshow video which briefly talked about COVID-19 being a bioweapon to attack the world under the command of a Chinese female general. Ironically, there is a watermark on the video that says 世界新闻 (World News in Mandarin).

Source: Facebook

Search for that on Facebook, and you will be a list of Pages claiming themselves to be World News.

Source: giphy

Since the start of Circuit Breaker, these “fake news” circulating in my Father’s Whatsapp groups encouraged the family to have an insightful chat about how we can better identify the credibility of any piece of news.

In a big picture, our time educating our parents

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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