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Singaporeans more likely than global peers to overspend, only 43% feel good about daily finances: Fidelity International

Nicole Lim
Nicole Lim • 3 min read
Singaporeans more likely than global peers to overspend, only 43% feel good about daily finances: Fidelity International
As living costs have risen, Asians are more likely to be saving, but Singaporean’s savings have decreased due to rising household expenses. Photo: Bloomberg
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Singaporeans are more likely than their global peers to have spent more than they can afford over the last six months, along with Hong Kong, according to the latest Fidelity global sentiment survey 2023, which came out on Dec 6. 

In that same vein, only 43% of people in Singapore and 46% of people in Hong Kong feel good about their day-to-day finances. 

The yearly survey is conducted across 23 markets with more than 25,000 participants, analysing sentiments of working adults in regards to their finances, health, work and life. 

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