Personal Finance
Singaporean Millennials Are Divorcing Less, But Why?
By ValueChampion  •  June 10, 2019

Sometime, millennials get a bad rep in the media for all kinds of things. But, it seems like they have been driving divorce rates lower in Singapore for the past decade. Find out more on what might be causing this trend!

- June 10, 2019

Since 1980, divorce rate in Singapore has roughly doubled from 3.8 per 1,000 married resident males (or 3.8 per 1,000 married resident females) to 6.9 per 1,000 married resident males in 2017 (or 6.5 per 1,000 married resident females). This trend isn't limited to Singapore: studies have shown that divorce rates have doubled globally between 1970 and 2008. One of the biggest contributors to this change was culture, where individual happiness became more important than "traditional" values. As such, stigma around separation of spouses became less common place, especially when the marriage is clearly not working out for either party. Recently,

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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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