Of all financial woes on the nightmare list of people, bankruptcy is a problem feared most by them all. It’s because bankruptcy isn’t just a roadblock; it’s often a dead end for your future. Singapore happens to be one of the world’s most progressive economies and the most expensive city in the world at the same time, which means that opportunity walks hand in hand with risk at every step.

You can go from pouring vintage vines to pawning empty soda cans with a few bad financial decisions under your belt. Fortunately, the demon of bankruptcy isn’t something that can catch you off-guard, and it offers plenty of ominous signs in anticipation of its arrival. You just need to free your mind from the cloud of greed and keep it open to intercept these warnings and pay heed to them at the right time. If you’re a financially savvy Singaporean ......