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More young Singaporeans are in debt, with growing number defaulting on loans: Report

Tiagong 60% Sinki are living paycheck by paycheck de woh
 
Even BMW n Merc N Volvo Grabs Car is becoming common…meaning Sinki very very rich??
 
More debt can lead to the creation of additional money without the need for physical printing, which can be achieved through digital transactions and electronic banking systems. With more money generated can lead to more spending to fuel the economy
 
Many jobless sinkees will just lie flat.No point worrying so much.555
 
I’ve been in a tight spot before and what helped me avoid digging a deeper hole was slowing down before taking any new loan and tracking every tiny expense, even the kopi runs. I’ve used saturday payday loans once for an urgent bill, but only after double‑checking I could pay it back fast. Talking to someone neutral about money habits also took a load off my mind.
 
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