University courses

[sharonkhoo]

zac's mum\" post_id=\"2134873\" time=\"1717814754\" user_id=\"53606:[quote=\"zac's mum\" post_id=2134873 time=1717814754 user_id=53606]
Math problem sums already including personal finance into them. Primary school got calculation of GST, old rate versus new rate what is the price difference. Secondary school i saw some qns on hire purchase: how much more it will cost u if choose such scheme. Compare internet broadband/handphone plans from “singhub versus M2” depending on person A and B’s needs/usage.[/quote]

Will students transfer what's in a Maths problem sum to real life? I doubt it!

[00skyblue00]

bbbay\" post_id=\"2134871\" time=\"1717812637\" user_id=\"175278:

There are people who can position what is “liability” to others, into “asset”. Salespeople during job interviews, can turn their car ownership into a great asset in getting that sales job. Or use their car to do sideline, ride hailing/ delivery jobs. For the majority of car owners in spore, it’s really a liability. Maybe they have other bigger asset to cover…. 😀

Agree, for those whose work depends on flexible transport means. I couldn't agree for those who turn private hiring to own a car though. Not before they exhaust other career options esp fresh grads or young adults.

[lee_yl]

zac's mum\" post_id=\"2134873\" time=\"1717814754\" user_id=\"53606:[quote=\"zac's mum\" post_id=2134873 time=1717814754 user_id=53606]
Math problem sums already including personal finance into them. Primary school got calculation of GST, old rate versus new rate what is the price difference. Secondary school i saw some qns on hire purchase: how much more it will cost u if choose such scheme. Compare internet broadband/handphone plans from “singhub versus M2” depending on person A and B’s needs/usage.[/quote]

I think it’s totally different.

Calculation of GST and interest rate in math syllabus is to show students practical applications of percentage but not likely to dwell too much financial literacy.

A basic financial literacy course in Pri/Sec school can be like teach a student how to keep track of daily expenses in say, excel sheets form to see if they overspent for the month. Teach how to differentiate needs and wants, importance of saving and delayed gratification is a virtue.

It’s one way to help uplift the lower income families, so as not to be trapped in the poverty cycle.

[zac's mum]

slmkhoo\" post_id=\"2134877\" time=\"1717816676\" user_id=\"28674:

Will students transfer what's in a Maths problem sum to real life? I doubt it!

My son took home quite a deep impression from the hire purchase/credit card penalty fee lesson/problem sum.

And later we came across a problem sum highlighting “deceptive marketing” like 20% discount during sale, plus additional 5% discount if pay using xyz credit card. He didnt realize the additional 5% is applied to the discounted price, not the original price, effectively means less than 5% off actually.

[mum2b]

lee_yl\" post_id=\"2134820\" time=\"1717740918\" user_id=\"17023:

Hi Hi, last year, my DD1’s 1st choice was to do Biz but realized she is more of an introvert and doesn’t enjoy meeting different people everyday. Therefore, we decided on Econs. She can just do her analysis job if she really wants to. DD1 prefers Econs also because Biz is a general degree. I have a younger JC2 daughter who is currently looking at Biz. How old is your kid?

Accountacy also ok/suitable but she ruled it out because the remuneration does not commensurate with the long hours spent at work. Will AI replace accounting jobs? We think it’s just a matter of time because it’s already starting to happen in US.

Hi Leeyl,
Mine is jc2 too! This yr mug for A lvl then it’s decision time next yr. Wow your dd is very driven & connected with seniors, she’ll do well in the future.

[mum2b]

zac's mum\" post_id=\"2134863\" time=\"1717808232\" user_id=\"53606:[quote=\"zac's mum\" post_id=2134863 time=1717808232 user_id=53606]
Thanks for sharing. I’ll go read in detail.

Free pdf version is available via the NLB app (i prefer on HP cos handy; DH with laohua prefers on ipad), log into your NLB account, u can view it under “SPH newspapers”.[/quote]

Thanks for sharing the article. For NLB user can also use browser via the link below & login using NLB account. Can read today’s newspaper & up to the past 14 days edition.
https://eresources.nlb.gov.sg/main/sphnewspapers

[bbbay]

00skyblue00\" post_id=\"2134879\" time=\"1717816831\" user_id=\"143605:

I couldn't agree for those who turn private hiring to own a car though. Not before they exhaust other career options esp fresh grads or young adults.

I don’t mean to help afford a car, becoming a private hiring full time. I mean if some how already own a car and want to reduce ownership expenses, using the car for part time/week end private hiring works.

And this is my example of how financial literacy can be applied to model our everyday life for bigger impacts. And that I suppose is how bosses think too

[00skyblue00]

bbbay\" post_id=\"2134886\" time=\"1717822130\" user_id=\"175278:

I don’t mean to help afford a car, becoming a private hiring full time. I mean if some how already own a car and want to reduce ownership expenses, using the car for part time/week end private hiring works.

And this is my example of how financial literacy can be applied to model our everyday life for bigger impacts. And that I suppose is how bosses think too

Likely private hiring sign up requires fulfilment of min trips or something. Basically time sold into it, if so. Better to use the time to upgrade, or apply in other ways. Not advisable for youngsters to pigeon hole into private hiring transport so young.

In the past, only 35yo or older are eligible to drive taxi. Set by policy makers with holistic view. Now? Don't know. All haywire.

[zac's mum]

00skyblue00\" post_id=\"2134887\" time=\"1717825123\" user_id=\"143605:

Likely private hiring sign up requires fulfilment of min trips or something. Basically time sold into it, if so. Better to use the time to upgrade, or apply in other ways. Not advisable for youngsters to pigeon hole into private hiring transport so young.

In the past, only 35yo or older are eligible to drive taxi. Set by policy makers with holistic view. Now? Don't know. All haywire.

The requirements for taxi drivers and PHV drivers are identical now (after complaints), min 30 years old and Singapore citizens:

https://onemotoring.lta.gov.sg/content/onemotoring/home/driving/vocational_licence/vocational_licence_application.html

[00skyblue00]

zac's mum\" post_id=\"2134888\" time=\"1717826663\" user_id=\"53606:[quote=\"zac's mum\" post_id=2134888 time=1717826663 user_id=53606]
The requirements for taxi drivers and PHV drivers are identical now (after complaints), min 30 years old and Singapore citizens:

https://onemotoring.lta.gov.sg/content/onemotoring/home/driving/vocational_licence/vocational_licence_application.html[/quote]

So the requirement is less stringent now. At least this is still restricted.

I know of a case in the past, hr caught a young chap driving as grab during office hours. Happened that hr staff was the hiring passenger. Financial literacy savvy definitely. But not desirable. I heard then, hr drew out requirements on such matters.