Younger Singaporeans financially prudent, but some buy things to be happy: IPS poll

Overall, the respondents demonstrated prudence in their financial behaviours and keep within their means for day-to-day expenses. - ST

SINGAPORE: Younger adults here are not really impulsive spenders and likely to spend within their means, but a substantial number will buy stuff that makes them happy without worrying about the future, according to a survey.

Overall, the respondents demonstrated prudence in their financial behaviours and keep within their means for day-to-day expenses. They are also unlikely to take out loans or use credit on impulse, the joint survey by the Institute of Policy Studies (IPS) and CNA noted.