Your perception and use of money will change with age. Here’s what you can expect as you enter your 20s, 30s, 40s, 50s, and 60s. Why do many Singaporeans regret not saving money after a certain age? Why is budgeting actually harder as you get older? One of the strange facts about money is that your perception of it changes as you grow older.  In many cases, we would benefit from some foresight. The following will prepare you for common shifts in mentalities as you grow older:

Money in your late teens (17 to 19)

At this age, money often used to socialise. It is not so much about getting clothes, bags, or gadgets (although that may be the case with some); it is more about being able to hang out with friends. Being able to eat out with friends or go on a long weekend trip to Malaysia with ...