19 Feb '11, 3am

Dr Amy Khor shares her thoughts on Budget 2011. Interact with her @ #budgetsg

Subsidies to have kids (e.g. baby bonus) and parental leave entitlements are not going to solve the fertility problem at the root. What we need is citizens who are financially independent and learn to rely on themselves rather than government handouts. The government should continue to promote a strong work ethic. They should also use the education system to cultivate values like financial prudence, self-reliance, work hard to earn what you want, live within your own means, prioritize your spending and make the best of your existing resources. Start at the secondary schools. This will help to prevent credit card debts and planning early for the future to buy big ticket items like their first house. Notice we keep reading of families having more kids than they can cope with and running to the government for help? While the government wants to increase the fertility rate, th...

Full article: http://www.reach.gov.sg/YourSay/DiscussionForum/tabid/101...

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