With Chinese New Year coming to an end soon, almost all angbaos would have been received.
So what do you usually do with the angbaos received?
I would usually just deposit the money into my bank account.
And this is also what most Hong Kong children are doing as well.
I came across this article which mentions that a substantial proportion of children in Hong Kong are saving their angbao money, of course they might be forced by their parent’s to do so but it is a good thing.
According to the article, many children in Hong Kong were willing to save their money and that it is the best thing to do.
More half of those surveyed said they were confident about their personal finance situation and 59 per cent said they were confident about how their finances will look in the future”
I have read up a few