Personal Finance
The Real Reasons Why Personal Finance Is Not Taught In Singapore Schools
By Seedly  •  October 4, 2017
A personal confession

“I did not feel financially ready when I graduated from Business School”

That was how I felt as a working graduate personally after 25 years growing up in the Singaporean education system.  I realised this trend only as I was working on financial articles daily and interacting with my peers around me. I was curious that as a first-world developed nation, financial literacy seemed to be lacking at many levels.

And even more worrying, if a finance graduate did not fully understand the various money potholes that lay ahead… how much worse would it be for others with no proper financial or economics training?

Editor’s note:  I was the typical Study-hard prototype of the SG education system: From a neighbourhood school… PSLE T-score 206, Scoring 7 A1s at ‘O’ levels, 5 distinctions at ‘A’ levels and BBA grad and minor in Technopreneurship from NUS.

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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