Financial education for all polytechnics and ITEs from 2019
Read more at https://www.channelnewsasia.com/news/singapore/financial-education-for-all-polytechnics-and-ites-from-2019-10941076

17 Nov 2018 01:24PM (Updated: 17 Nov 2018 02:46PM)

Ricky Lim

Actually financial education should be taught at young age and extended to all Singaporeans on :-
(1) the virtue of savings
(2) accumulation of wealth at young age
(3) investment in safe, guaranteed instrruments like CPF, insurance scheme, FD etc - on compounded interest to accumulate and compound wealth
(4) saving for rainy days

Etc.

This will help people from young the virtue of refrain from being a spend thrift and to save for retirement.

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Ricky Lim

This is especially important when career breakage are becoming more frequent - due to tech disruption - that will break career more often.

Savings in rainy day - will come in handy to help people - during a career crisis.

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Tan Koo Koo

Did the ministry JUST WOKE UP AND REALISED that financial management and debt issue has been largely neglected and that more and more young adults are bankrupt than before?

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