For subscribers
Young & Savvy
How to boost your post-pandemic savings
Apart from using credit card deals and trimming unneccessary expenses, banks advise customers to stay disciplined and stick to their budget
Sign up now: Get ST's newsletters delivered to your inbox
Before Covid-19 came along, I tried to save about a third of my salary for the fabled rainy day but when the pandemic hit, I stopped going out to cafes and restaurants and began putting away half of my income without even thinking about it.
Indeed, Department of Statistics figures show that personal savings hit a peak in 2020, reaching its highest amount in the five years from 2017 to 2021.
