#343 - Singaporeans want $6K a month to retire “in style” & Haidilao offers performance-based discount for PSLE students

An OCBC report revealed that young Singaporeans want to retire “in style”, which translates to $6K in expenses a month. We dissect the results and other surprising statistics about Singaporeans’ relationship with money. Elsewhere, Haidilao got flak after offering a performance-based discount based on one’s PSLE 2022 results. Was it really wrong of them to offer this incentive to families celebrating their child’s results?

Find us here!

• YLB Subreddit
• YLB TikTok
• YLB IG
• YLB YouTube

Folklory

• If you’re looking for a meaningful Christmas gift, we’d love to help you create a personal podcast for a loved one. Get started at Folklory.com!
• And here are the full answers from Terence and Haresh to the question: "Who made 2022 great for You?"

Singaporeans want $6K a month to retire “in style”

• Younger Singaporeans expect to retire earlier and ‘in style’ with S$6,000 monthly expenses, but worry they can’t afford it: OCBC report
• OCBC Financial Wellness Index - Singapore Financial Wellbeing Highlights
• OCBC Financial Wellness Index 2022 - Report Doc

Haidilao offers performance-based discount for PSLE students

• Haidilao gives PSLE students S$30 off at City Square outlet, scraps grade-based discounts

One Shiok Comment

• Comment by Majestic-Economist-6
• Post on TikTok about GST hike

One Shiok Thing

• #trending: ‘Metro guy’ at World Cup in Qatar becomes internet sensation who is ‘more famous than Messi’
• My Favorite New $699 Toy: Hands On With the Elite Optimus Prime | PCMag

Hosted on Acast. See acast.com/privacy for more information.