Personal Finance
How Will Our Lives Be Impacted In The Face Of Rising Interest Rates
By SG Young Investment  •  May 16, 2022
There has been lots of new stuff happening since my last blog post back in December 2021. A few months back, Singapore started opening up and relaxing measures for COVID-19. It seems life is mostly back to normal now. While we were just starting to enjoy this good news after 2 years of abnormal life during covid, new things start unfolding which is starting to impact our lives and may impact us even further. Firstly, the Ukraine-Russian war started. This caused oil prices to skyrocket impacting petrol prices immediately. If you own a car, the impact is felt with petrol prices at more than $3 a litre. Ukraine is one of the largest exporter of many items such as wheat and seed oil like sunflower oil. This impacted daily living also as what we are beginning to experience. Edible oil prices have increased which even cause hawkers to have no choice but to increase their prices for the food they sell. I...
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By SG Young Investment
I'm in my late 20s now and living in a small island city called Singapore. I started this blog in June 2013. My background is in Engineering. Later on, I went on to pursue a degree and graduated with a Bachelor of Economics ...
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