Many of us resolve to save as much of our monthly income as we can, but let’s be honest here: saving just isn’t half as fun as spending. Oftentimes, after a few months, we find ourselves blowing a significant chunk of our savings on some fancy new gadget or a “well-deserved” overseas vacation. What we don’t realise, however, is that we’re not actually saving; we’re simply delaying spending. And that’s not a healthy habit in the long term, cautions financial planner Seng Bingyang. Words by Seng Bingyang — Do you think that saving is important? If your answer is yes, read on. I have met many young professionals who proclaim that they save 30 to 40% of their income, but have barely $5,000 in their bank after working for a couple of years. Do you know someone like that? Why is this the case even though most of us know ......