MoneySense campaign seeks to improve the financial health of Singaporeans

MoneySense 2020 Campaign Guides Singaporeans on How to Cope with Financial Challenges Amid the Covid-19 Pandemic.

MoneySense launches new campaign to help Singaporeans to better manage their finances and face the economic challenges caused by Covid-19.

Under the slogan, #stayunitedstayresilient MoneySense updates its message and plans to help Singaporeans manage their finances wisely, deal with tighter cash flows, minimize debt and avoid scams.

What will the campaign be like?

The initiative that started last Friday, August 14 and will last for 12 weeks, will provide citizens with three resources to strengthen their financial resilience.

MyMoneySense Expense Manager: It is a free online tool that allows users to review their financial situation and better plan their resources in various periods.

Financial Resilience Guide: This is a section on the MoneySense website that guides people facing financial commitments to take steps to improve their situation.

It also plans to hold seminars with experts in the field where they can discuss topics of interest.

During the next 12 weeks MoneySense will also post tips, recommendations and quizzes on its platform and social media.

At the same time, they will share a series of educational articles where they will talk about money-related issues.

On the website, users will also find digital tools and resources such as mortgage calculators and a financial health check to help them properly manage their finances.

Other MoneySense initiatives:

Likewise, those who want to improve their saving habits can participate in the Pledge to Stash initiative.

This plan is based on a self-commitment to save before you spend, by setting up a recurring transfer to automatically save to a dedicated savings account each month.

MoneySense encourages the public to proactively find out if their finances are in good shape.