According to a recent study by MasterCard, Singapore posted a drastic drop in financial literacy out of 16 Asia Pacific markets, with many people in Singapore “finding it harder to keep up with bills, budget effectively and manage unsecured loans”. But why is this the case, despite us having quite a number of financial planning resources available? Budget Babe shares her thoughts. Words by Budget Babe – The topic of why people don’t care for personal finance has been brought alive through active discussions in the financial bloggers community recently. I really liked this post by a friend of mine, Xeo, where he offers insight into why people don’t care much for this topic at different stages of their lives. People tend to neglect their finances until a turning point (typically in their late 30s or 40s) when they wake up one day and suddenly realise that it is time ......