Understanding the financial wellness of Singaporeans
Today is the day you start putting yourself first
The Financial Wellness Index reveals that, although everyone's financial circumstances are different, they share a common theme: When it comes to money, it often brings stress.
Why is that so?
Some are living paycheck to paycheck, while others are struggling to maintain the lifestyle they are used to.
Some worry about debt or retirement, while others struggle to provide for their families.
We get it, times are hard, and financial planning can be overwhelming. But here is the good news—if you are ready to take control of your finances and want to lower your stress levels, here are three steps you can take:
1Know where you are at
2See where you deserve to be
3Get there with confidence
Imagine what it would be like to live a life free of financial stress. You would sleep better at night and be able to focus more on your work and relationships.
Start putting yourself and your retirement first.
- The Average Jo - Inflation & Recession
- The Average Jo - Guide to Savings
- The Average Jo - Trading vs Investing
- The Average Jo - Guide to Credit Cards
- Invest to generate Income
- The Average Jo - How to start investing
The Average Jo - Inflation & Recession
When inflation hits and daily expenses seem to be hitting the roof, what can The Average Jo do? Get advice from our resident wealth expert, Vasu, of course! Check out Vasu's top tips to keep the threat of inflation and a possible recession at bay.
The Average Jo - Guide to Savings
There might be a better way to save your money than in a biscuit tin. The Average Jo learns from Head of Deposits Na Kok Peng how to beat inflation with savings accounts that offer better bang for your buck.
The Average Jo - Trading vs Investing
If you thought investing and trading were the same thing, think again! While both are methods to grow your wealth, they're different. Here's why.
The Average Jo - Guide to Credit Cards
Like many in Singapore, The Average Jo is flying out this holiday season. He thinks cash is king and is packing lots of it for his trip. But he meets OCBC's Head of Cards Business Vincent Tan just in time, who tells him - and you! - the advantages of getting a credit card and how to stay on top of his expenditure.
Invest to generate Income
With dampened economic growth in the China and Hong Kong markets, high inflation rates across Europe, and anticipated rate hikes in the United States – these factors has steered the overall house view towards global growth outlook.
The Average Jo - How to start investing
Did you know if you invested $100 instead of going to your favourite hot pot restaurant, you could be richer? The Average Jo finds out more from OCBC's Head of Wealth Advisory, Aaron Chwee.
Financial tips and guides
In this environment of uncertainty, we know how important it is to stay on top of the latest market news. With Wealth Insights, receive timely updates and tips on how you can manage, protect and grow your pot of gold.
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