Is Borrowing The Right Decision?
With the high cost of homes and the rising price of large-ticket items, many have touted Singaporeans to be “asset rich but cash poor”. A lot more goes into one’s financial considerations, and with the increasing rate of financial literacy among the younger population, attitudes towards borrowing and taking loans have moved away from being purely negative. So what should you really consider before taking on a loan? How Much Do You Need To Borrow? The first consideration is how