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If there is anything last year taught us, it is the importance of preparing yourself financially for a rainy day. In a recent study done, it was found that more than 57% of Singaporeans aimed to commit at least 20% of their annual income to savings, with only 44% successfully achieving this goal. As we enter a new year, this is the perfect time to re-evaluate our goals for better financial health for the coming year.
With some of us tapping into our emergency funds during the pandemic, 2021 is the time to rebuild and bounce back. Given a new host of considerations to make in the coming year, there are various approaches that can be taken to become more financially savvy, such as setting up automatic deposits before the dollars disappear, ridding yourself of pesky recurring charges and more.
Hear from our financial experts as they share tips to set yourself up for financial success in the coming years and tools to help you achieve these goals.
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