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Manage Your Money Like Singapore
['Stacked Homes', 'August', 'Sethisfy', 'Live Rich Life Free', 'Beansprout']
TheFinance.sg
In other words, it’d be a pretty financially prudent person, and what better way can Singaporeans learn about personal finance than from Singapore itself?
Here are four lessons we can learn from Singapore about managing our own money.One of Singapore’s greatest financial strengths is its reserves.
Rather than spending everything collected during good years, Singapore accumulated reserves over successive generations.
During COVID-19, for example, Singapore drew on its past reserves to support households, businesses and the economy.
The reserves have similarly provided support during previous crises such as the Global Financial Crisis....