Young Singaporeans spend 40% of income on family obligations, affecting financial independence

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Young Singaporeans spend 40% of income on family obligations, affecting financial independence

2mo ago

Imagine existing just to be your parents' retirement plan 💀 According to a survey by Manulife, young Singaporeans are dedicating 40% of their earnings to support their families. While caregiving is a priority for many, the high cost of this support means personal goals are being pushed back. Share with us if you've got any experience with this. Cover video: cavanhwx/TikTok