Today I had the opportunity to educate my younger brother on financial literacy, which was not taught to us in our education. He had no idea about investing for income or for retirement. He only know that he need to save for rainy days. Just like a normal person, he put his savings into a normal saving account which earn a peanut interest annually. So I bring up the question to him, does he know that how much interest is he getting annually? How much interest will he be getting in his CPF account etc? To my surprise, he did not know how much interest is payable to his Ordinary, Special and Medisave in his CPF account. He only know his CPF account grow faster than his saving account. I almost fainted. So as an elder brother to him, it is my responsibility to share with him some financial literacy. ......