Perhaps I’ve been harping too much on this issue in my monthly portfolio ramblings, but it just occurred to me that Singaporeans (the youth in particular) are either becoming more and more ignorant of financial matters, or that it has been the case all this time but no one bothered to bring it up to the forefront for discussion. After all, financial literacy can be considered a critical life skill which most young adults (and I dare say even teenagers) should grasp as early as possible, in order to cement their views on spending and saving and to inculcate positive values within them regarding money management. Yet, it seems that many schools are not teaching such topics to students, and many parents also neglect to talk to their children about proper money management. This has resulted in many Singaporeans not even grasping basic financial concepts such as interest rates, investments, ......