ACCORDING to the International Monetary Fund ( IMF), there will be significant inflation pressure throughout the world in 2022 with developing economies being the worst hit.
As ordinary denizens of the planet, we have to learn to adjust to the challenging economic situations by tightening up our belts. For starters, we need to heed the advice of financial planning experts, who are saying that we should not simply withdraw our savings, including our Employees Provident Fund (EPF), or invest without first studying the market thoroughly.
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