07 Aug '11, 7am

Singaporeans should save for rainy days: Khaw

Singaporeans should save for rainy days: Khaw

Amidst the recent American stock crash and debt crisis in Europe, Mr Khaw (above) reminded Singaporeans that spending more than one earns is unwise, and that even a saving of $100 per month out of $1,000 would go a long way in sheltering him during rainy days. -- ST PHOTO: JOYCE FANG THE economic uncertainties in the rest of the world affect Singapore swiftly, and Singaporeans should be prudent about saving for hard times. This was National Development Minister Khaw Boon Wan's message to Singaporeans, at the sidelines of a national day observance ceremony held in Sembawang on Sunday, which held the theme of a 'kampong spirit'. Amidst the recent American stock crash and debt crisis in Europe, Mr Khaw reminded Singaporeans that spending more than one earns is unwise, and that even a saving of $100 per month out of $1,000 would go a long way in sheltering him during rainy day...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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Save for a rainy day, advises Khaw #Singapore

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