Personal Finance
Saving in a post-pandemic world
By Loopholes Singapore  •  March 10, 2021
In the post-pandemic era, leaving Money in the Bank feels as lame as leaving coins in a piggy bank. The pandemic has provided enough justifications for banks to pay us pathetic interest rates for our deposits. Time-Deposit accounts have also become a joke since the annual interest rates are insignificant by any standards. While the point of this post is not to discourage saving, I feel that it is getting harder for people to justify saving their money besides parking funds for emergencies. That said, I am going to share my personal views on saving, and perhaps these tips might work for you to emulate or consider for yourselves.

We have to reframe our ideas on saving

Gone are the days when saving equal to seeing a number on a screen or feeling a stack of cash in a biscuit tin. Having someone guaranteeing the value of your monies is frankly outdated. As a saver who...
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By Loopholes Singapore
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