This week’s Money Diary guest, Daisy Anne Mitchell, shared her goal of having a healthier relationship with money. Growing up, she believed that money was “bad” and was never taught how to manage it. Now, she’s working towards building a stronger foundation through consistent savings and regular CPF contributions, steps that help her feel more in control of her financial journey. And that’s something I’ve found to be true as well: The first step to building wealth often starts with having a solid base of savings. This month, we saw more cuts to fixed deposit rates across Singapore. Even as some banks lowered their savings account rates, we were still able to find a few that offer interest rates above 2% p.a. The 6-month Singapore T-bill yield also fell further to 1.77% this week. With falling rates, it's no surprise that there has been more attention on the latest Astrea 9 private equity bonds.…
