I always say “pay off your car loan first instead of your home loan!”

Why?

Simple vs compound iinterest

Why must I pay the same interest despite paying the bulk of the loan already towards the end??

Little did I know more advantages to hold off paying off home loan!!!

https://sg.finance.yahoo.com/news/3-reasons-shouldn-t-pay-160000980.html?linkId=13788798

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This is worrying! Young and financial savvy is a novelty nowadays!

I can only advice the young to save for future! The extra bottle open or extra packet smoked could mean a 6 months of tuition fees for your kids in 25 years.

We should not be paving towards a debt ridden society in 20 years! Steer away now!

http://www.channelnewsasia.com/mobile/singapore/singaporeans/1809554.html?cid=FBSG