For subscribers

Me & My Money: Years of savings took just months to deplete for entrepreneur

Sign up now: Get ST's newsletters delivered to your inbox

The experience taught Ms Rosemary Kwa the difference between saving and financial planning.

The experience taught Ms Rosemary Kwa the difference between saving and financial planning.

ST PHOTO: GIN TAY

Follow topic:

SINGAPORE - It took Ms Rosemary Kwa years of saving 50 per cent of her earnings from work to hit an amount where she felt financially secure, but only months to burst that bubble.

“I had saved quite a bit from part-time jobs during my teenage years, thanks to the discipline instilled in me by my mum of saving 50 per cent of everything I earned, and I felt financially secure,” she said.

See more on