Why Financial Literacy Matters for Singapore’s Youth 

5 MIN READ
15 Feb 2025
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By Chuin Ting Weber, CFP, CFA, CAIA 
CEO & Chief Investment Officer, MoneyOwl 

Youth. 

“They are typically not sought after by banks and financial advisers – so why?” 

CNA Producer Syahida Othman asked me two days ago about MoneyOwl’s focus on underserved groups, including youth. 

Future proofing our youth’s financial futures is part of future proofing our social-economic fabric. 

As Singapore grows richer and our financial sectors thrive on wealth management and private wealth, let us commit that no one gets left behind.  

Especially that we don’t allow the middle class to become a new underclass in the next generation.  

My answer to Syahida: “Precisely, as a social enterprise, we serve people whom the commercially-incentivised entities might not.”

Photo: At the Singapore Financial Conference organised by the students of NTU, NUS and SMU investment clubs this afternoon at NTUC Building, as a panellist. Quite a few hundred youth. Really blown away by the students’ organisation capabilities. Hope life skills like financial planning will accompany them and empower them throughout their life’s journey.

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Disclaimer:
While every reasonable care is taken to ensure the accuracy of information provided, no responsibility can be accepted for any loss or inconvenience caused by any error or omission. The information and opinions expressed herein are made in good faith and are based on sources believed to be reliable but no representation or warranty, express or implied, is made as to their accuracy, completeness or correctness. The author and publisher shall have no liability for any loss or expense whatsoever relating to investment decisions made by the reader.

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