Basic Financial Planning Guide for Singaporeans

The Monetary Authority of Singapore (MAS) has launched a Basic Financial Planning Guide to assist Singaporeans in enhancing their financial well-being. The Guide provides actionable steps for savings, insurance, and investment tailored for various life stages. It emphasizes the importance of emergency savings, insurance coverage, and retirement investments. Available from January 2024, the Guide aims to improve financial literacy and planning among Singaporeans, supported by industry association