Proud of its value for racial harmony, Singapore is a country that fuses people from different nationalities. Each nationality has formed a culture built on their own set of practices, rituals, and beliefs. Said beliefs do not have to be logical all the time as superstitions exist. Some of the superstitions surround heavy issues like money. If you are interested to learn more about the Asian diversity in financial superstitions, continue reading this article. IN JAPAN The eccentric country of
It is that time of the year again! We are about three weeks from the festivities of the Chinese New Year. Family reunions, abundant food, and small red packets called “Ang Bao, Hongbao, or Ang Pao” shall grace Singapore once again. The color red embodies luck that is supposed to ward off the evil spirits. Along with its potent color, here are 5 Ang Bao Facts Every Singaporean Shall Know: 1. AMOUNT TO GIVE OUT There is no specific
Diversity is rich in meaningful insight that extends to financial values and money handling practices. Know more about the 5 money strategies from around the world that you can use in your everyday life… 1. CHINA: MAKE FRUGALITY YOUR MANTRA China has a strong culture of saving. Being raised by Chinese parents, you will feel that saving at least 50% of your income is normal. In fact, China’s government has saved about 51% of their GDP in 2013, according to
Tipping is a practice of gratitude and recognition to those who have provided you with excellent service. In Singapore, they automatically have service charges in restaurants but you can still leave about 5% for great service. Not all countries welcome tipping. In fact, some parts of China and Japan may be offended when you give them tips. Before leaving your hotel, it is important to research on the country’s tipping practices. Here are 10 countries you can start with… 1.
The festivity of the Chinese New Year is about a month away. Abundant food, family reunions, and little red packets called “Ang Bao” will grace Singapore once again. These red packets are usually given during social gatherings such as weddings or the holidays. Its color embodies “good luck” that is supposed to ward off the evil spirits. Married couples usually give these red packets to single people (e.g. children or work colleagues). Its history is rooted from the Chinese belief