Financial Education

THE BROAD VIEW

What does pocket money teach children?

There should be money talk with kids that includes topics of fairness, redistribution and ethical spending

(From left) Janice See, Dawn Cher and Howie Lim.

When kids think credit cards are magic

How can early financial education help children avoid debt and parental mistakes? Howie Lim finds out.

From left: Professor Jun Yang. dean of Nanyang Business School at NTU; Professor Ang Wee Han. associate provost of multidisciplinary and interdisciplinary masters’ programmes at NUS; Dean Tong, head of group human resources at UOB; Minister of State for Trade and Industry Alvin Tan; Carolyn Neo, CEO of IBF; and Associate Professor Allan Chia, deputy provost at SUSS.

Financial sector taps polytechnic talent with new pathways, 300 roles in pipeline

The schemes give employers longer runways to identify potential hires, and reflect growing interest in moving beyond graduate-only hiring models in the sector

People with a higher understanding of money basics are more likely to make ends meet and achieve goals like having an emergency savings fund or opening a retirement account, according to the Financial Industry Regulatory Authority’s (Finra) 2021 National Financial Capability Study.

Gen Z has virtually no excuse for financial illiteracy

The financial behaviours of Gen Z have been nothing if not consistent over the last few years. They routinely create trends about the merits of spending while you’re young and fun. A few years ago, it...

Chuin Ting Weber, chief executive and chief investment officer of MoneyOwl, says there is an urgent need for trusted financial advice to be made widely available.

MoneyOwl rolls out resources for unbiased, actionable financial advice

Its suite of tools includes investment and protection solutions, as well as access to low-cost products

MAS expects financial institutions that employ finfluencers to advertise their products or services to ensure that information is presented in a clear and balanced format that highlights key features and risks.

MAS has received five complaints a year against financial influencers in last five years: Alvin Tan

Posting general educational content differs from providing financial advice, he says

BT
THRIVE NEWSLETTER

🧸 Is it ever too early to start working on financial literacy?

Should the usual childhood swimming, art or music enrichment classes be replaced with money management sessions and financial literacy camps 🧮? 

BT
THRIVE NEWSLETTER

🤑 Is financial freedom just about getting rich quick and retiring early? Here’s what we think

We’re familiar with various financial goals such as saving S$100,000 by 30, or retiring by 45 with enough to live comfortably for the rest of one’s life. 

Minister of State for Trade and Industry Alvin Tan at the Asian Financial Leaders Programme graduation dinner.

MAS to launch two leadership programmes for financial sector in 2025

It will work with financial institutions to commit to sending more Singaporeans on overseas postings

The power of luxury goods comes from the way human beings constantly compare ourselves. It’s easy to forget that the couple posting enviable photos of their new home might not be able to afford it – or conversely, that they may have benefitted from inherited wealth.

Doom spending is not self-care

Please, don’t dabble in doom spending.