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View Full Version : Business Times Article: Young Singaporeans have no or little savings


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13-08-2014, 07:00 PM
An honorable member of the Coffee Shop Has Just Posted the Following:

Young Singaporeans have no or little savings: report
http://www.businesstimes.com.sg/brea...eport-20140813 (http://www.businesstimes.com.sg/breaking-news/singapore/young-singaporeans-have-no-or-little-savings-report-20140813)

1. 36% of young singaporeans have zero savings
but RUN think many of them still go for tours annually.

2. 25% of young singaporeans has less than $6000 savings
This hints that some young couples will loan from parents/relatives to make their BTO downpayment.

3. Average for their parents $60000
Very healthy level, considering their property and family commitments.


Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?187807-Business-Times-Article-Young-Singaporeans-have-no-or-little-savings&goto=newpost).