Credit & Loan, Personal Finance

Don’t do these things during a recession

cosigning a loan

According to a senior economist from DBS bank, Singapore is very likely out of a full-fledged recession. To be exact, a recent news report in April this year revealed that our economy grew by 0.2% in the first quarter. While it’s good news, it might be too early to rejoice over the numbers. Economists noted that the trend does not necessarily mean that the economy is doing well. But it’s on its baby steps to pre-pandemic levels. Since COVID-19 has

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