+1
I too believe that Singapore has one of the highest saving rate
in the world.
With so little investment options in Singapore I seriously
cannot understand why they would be otherwise.
Kind Regards
Genie
+2=3,
Singaporeans are trained to be conservatives, most have a good
sense of financial management skill, but, what i am worrying is
young people like me, spending on tomorrow hard earn money which
become a liability. And also because of earlier peoples saving, the
youngs today are spending on their parent money like no body
business, more so, with dual family income, both parents works and
in a sense, feel remorseful about not caring for their children
enuf and therefore take money as a supplement to cover such
emotion. We are the lucky ones.