Personal Finance
CNY 2020: Best Things to do with Ang Bao Money
By The Astute Parent  •  January 20, 2020

​The standard g​reeting phrase most commonly heard during Chinese New Year (CNY) ​is "新年快樂, 恭禧發財". It literally translate to "Happy New Year, Wish you Happiness and to BECOME RICH!"

​We are a few days away from #CNY2020. Let's look at the things we can do with ang ​bao money ​you receive and what to do if you are distributing ang bao in this year of the rat.

What to do if you are ​RECEIVING Ang Bao Money in CNY 2020

You can receive ang bao money if you aren't married yet or if you have kids.

Here are some of the things we can do with the money:

1) Beat the Queue for Next Year!

You can keep all the crisp and straight notes to be used next year.

You can exchange them with your parents and have them transfer you the money.

This is one of the ways you can avoid having to go join the

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By The Astute Parent
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