This is a topic particularly close to my heart as I also consider myself a young person. Like any Kiasu Singaporean, I have always been interested to find out where my fellow Singaporeans stand on the issue of personal finance and how I am doing relative to them. Why are some of my friends able to invest $100k at such a young age while others are applying personal loans at predatory interest rates? Are we well invested, well protected and well funded for a rainy day? Having worked as a financial adviser in a local major bank has enabled me to understand young people on a deeper level (their finances), and not just the front they often portray to their social circle. They are some of my interesting observations about young people and I have summarized them below:
- Young people frequently queuing outside cash deposit machines usually ...
