Young & Savvy

Trying to beat inflation while juggling big-ticket expenses

Associate Professor Pearpilai Jutasompakorn suggests holding a long-term investment portfolio consisting of assets such as real estate. PHOTO: ST FILE
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SINGAPORE – The biggest lifestyle and financial adjustment I’ve had to make in the past two years was when my husband and I welcomed our first child into the world.

We soon added her childcare fees and insurance plans to our expenses, and we had to make some practical adjustments to our lifestyle, which isn’t out of the norm for new parents: less dining out, and fewer shopping and paid entertainment options.

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