Are young Singaporeans spending too much?

The Endowus Retirement Report found that younger Singaporeans are less willing to cut down on non-essential spending than their older counterparts and choose to hustle for side income instead. Jamie Lee, Head of Financial Planning and Editorial at Endowus, shared that while young adults are more digitally savvy, that does not equate to financial savviness. She advised young people to avoid speculating and consider risks before they commit to larger financial spendings.