There's a lot of perception out there that the CPF money is not real money. People generally are less careful with their CPF money as compared to the money in their bank account. Why do I say that? Let me give you some examples. These are the common sayings about the CPF

1. I want to use my CPF to pay for all my housing loan. Using CPF money to pay for a house is better than using cash to pay for a house
2. I want to use the Medisave to pay for my hospital bills. Using Medisave to pay for hospital bills is less taxing to my current financial health
3. I don't have to bother about the investments i make using my CPF money. When people ask me to invest in this fund using my CPF, i'm less worried about losing money.

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