Tag: UOB data
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Why Singapore’s Young Adults Are Saving More Than Their Elders: Insights From UOB Data
Overview: A Generational Shift in Singaporean Savings New data from United Overseas Bank (UOB) suggests a notable shift in how different age groups in Singapore approach saving. Contrary to common assumptions that older generations have the strongest savings, younger Singaporeans are increasingly prioritising savings, investments, and financial security. This trend reflects a combination of heightened…
