SINGAPORE: Singaporeans rate their personal savings
as the area they are most unhappy with, according to a study called
"The Happiness Report".
Conducted by global communications firm, Grey Group,
the study found that nearly half of the respondents reported a lack
of sufficient savings in the last six months.
The second area that respondents said they were
least happy with was personal expenditure over the last half year,
garnering 40.5 per cent of responses.
The next three areas that made Singaporeans unhappy were their
confidence in the economy (27 per cent), job satisfaction (23 per
cent), and work-life balance (21 per cent).
The study was conducted in June this year with 200 respondents aged
18 to over 60.
The study also revealed the top five things that Singaporeans were
most happy about.
Area of residence topped the happiness index, with about 78 per
cent ranking Singapore as the best place to stay in the
world.
Close family ties ranked second (74 per cent), spirituality came in
third, while social support networks took fourth spot and personal
time rounded off the top five on the happiness index.
The study also discovered that baby boomers (45-49 years old) were
the happiest people with an overall net happiness score of 11.4 per
cent, 4.6 percentage points higher than the young adult segment
(18-29 years old).
It also found that men were happier than women at the workplace,
with 46.08 per cent of men found to be happy at their jobs as
compared to 37.75 per cent for women.
Shirley Ang, an account manager, said: "In schools these days, it's
very competitive, so everyone's competing with each other,
challenging each other.
"Back during the days of baby boomers and all, it was probably an
easier life in a way. Hard in terms of earning money, but easier in
terms of (the amount of) stress they are feeling from
society."
-CNA/ac
