From gambling to money envy, 4 sins to avoid so that you won't risk being short of cash

You won't risk being short of cash if you can kick these habits.

A line has to be drawn if betting is seen as a way to earn back income that has been lost amid a pandemic-induced recession. PHOTO: ST FILE
New: Gift this subscriber-only story to your friends and family

Financial planners might roll their eyes in disbelief but it is probably fair to say that one of the key retirement strategies for many Singaporeans is to bank on hitting the jackpot in the lottery.

Sadly, this is no laughing matter - almost half of the 2,000 or so adult Singaporeans polled by OCBC Bank recently admitted that gambling is one of the financial activities they dabbled in.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.