4 misconceptions the young have on CPF

Some young people distrust the retirement scheme because they think it's meant to 'lock up' their money

The students seem to have this idea that since they cannot touch the money, they might as well use it to invest.
The students seem to have this idea that since they cannot touch the money, they might as well use it to invest.ST PHOTO: ONG WEE JIN

You probably still remember the first pay cheque you earned, especially if you were a student working part-time to score some extra pocket money.

This is a significant moment for many youngsters as it signals the start of financial independence, often seen as a milestone for adulthood.

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