How much are S'poreans saving?
A lot, it seems, with savings rates of 33% to 69% as per latest data. But about 25 percentage points is probably due to CPF
ONE of the regular messages from this column on managing one's personal finances is to track one's expenses religiously.
That is, to painstakingly catalogue how much of your money goes into food, transport, clothing, healthcare and so on. But have you ever wondered how the entire nation spends?
A treasure trove of data was published last Thursday when the Department of Statistics released the results of its latest Household Expenditure Survey, held once every five years.
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