Thursday, January 7, 2010

S'poreans optimistic about 2010

AMID signs of an economic recovery, a survey by OCBC Bank has found that three in five people here are confident about what 2010 will bring.

The survey on 'Singaporeans' Resolutions and Goals' also found that three in four people see a stronger economy this year.

Respondents were overwhelmingly positive - only 10 per cent are worried about how things will work out in 2010.

Three in five said they intend to focus more on saving - a possible reaction to the financial tumult of 2008 and 2009.

The top three resolutions for 2010 were found to be spending more time with the family, improving health and fitness, and travelling to more or new destinations.

Thirty per cent of respondents said they would spend more money on their family, while 40 per cent said they would not change their spending on family needs.

These findings imply that the family is the top concern here, with health and fitness coming in second.

Bucking the trend of general high hopes, 38 per cent of retirees surveyed said they are apprehensive about the future.

Their chief concerns include future security, especially with rising life expectancy, medical costs and few or no children to depend on for financial support.

Source: Business Times, 7 Jan 2010

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