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	<title>NEFMQ 2009 Blog</title>
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	<description>National Economics and Finance Management Quiz 2009 Blog</description>
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		<title>NEFMQ 2009 Blog</title>
		<link>http://nefmq09.wordpress.com</link>
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		<title>MoneySENSE 6: Retirement Planning</title>
		<link>http://nefmq09.wordpress.com/2009/06/20/moneysense-6-retirement-planning/</link>
		<comments>http://nefmq09.wordpress.com/2009/06/20/moneysense-6-retirement-planning/#comments</comments>
		<pubDate>Sat, 20 Jun 2009 04:05:57 +0000</pubDate>
		<dc:creator>nefmq</dc:creator>
				<category><![CDATA[Let's Discuss!]]></category>
		<category><![CDATA[MoneySENSE]]></category>

		<guid isPermaLink="false">http://nefmq09.wordpress.com/?p=269</guid>
		<description><![CDATA[There is an increasing lack of concern amongst pre-retirees as to how they will cope financially after retirement, and this is problematic. Olivia Mitchell, Wharton professor of insurance and risk management, and chaired professor at Singapore Management University said, ‘My research shows that many workers are underestimating retirement challenges including the risk of outliving their [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nefmq09.wordpress.com&amp;blog=6789025&amp;post=269&amp;subd=nefmq09&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nefmq09.wordpress.com/2009/06/20/moneysense-6-retirement-planning/feed/</wfw:commentRss>
		<slash:comments>47</slash:comments>
	
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		<title>MoneySENSE 5: Budgeting/Saving</title>
		<link>http://nefmq09.wordpress.com/2009/06/17/moneysense-5-budgetingsaving/</link>
		<comments>http://nefmq09.wordpress.com/2009/06/17/moneysense-5-budgetingsaving/#comments</comments>
		<pubDate>Wed, 17 Jun 2009 15:17:31 +0000</pubDate>
		<dc:creator>nefmq</dc:creator>
				<category><![CDATA[Let's Discuss!]]></category>
		<category><![CDATA[MoneySENSE]]></category>

		<guid isPermaLink="false">http://nefmq09.wordpress.com/?p=260</guid>
		<description><![CDATA[Lorna Tan, in the article ‘Start early, and time is on your side’ (The Sunday Times, 27 May 2008), suggests that the greatest benefit of saving early is the ability to reach financial independence more easily. This is achieved through the effect of compound interest. Compound interest allows one to earn interest on interest, thus [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nefmq09.wordpress.com&amp;blog=6789025&amp;post=260&amp;subd=nefmq09&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nefmq09.wordpress.com/2009/06/17/moneysense-5-budgetingsaving/feed/</wfw:commentRss>
		<slash:comments>28</slash:comments>
	
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		<title>MoneySENSE 4: Personal Investing</title>
		<link>http://nefmq09.wordpress.com/2009/06/15/moneysense-4-personal-investing/</link>
		<comments>http://nefmq09.wordpress.com/2009/06/15/moneysense-4-personal-investing/#comments</comments>
		<pubDate>Mon, 15 Jun 2009 02:18:13 +0000</pubDate>
		<dc:creator>nefmq</dc:creator>
				<category><![CDATA[Let's Discuss!]]></category>
		<category><![CDATA[MoneySENSE]]></category>

		<guid isPermaLink="false">http://nefmq09.wordpress.com/?p=256</guid>
		<description><![CDATA[According to the article ‘Unit trusts overtake shares as CPF investment choice’ (The Straits Times, 30 Jan 2008), Singaporeans are increasingly turning away from shares, and putting their Central Provident Fund (CPF) cash in unit trusts instead. The article suggests that some Singaporeans turn to unit trusts because stock market volatility generates a dislike for [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nefmq09.wordpress.com&amp;blog=6789025&amp;post=256&amp;subd=nefmq09&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nefmq09.wordpress.com/2009/06/15/moneysense-4-personal-investing/feed/</wfw:commentRss>
		<slash:comments>28</slash:comments>
	
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		<title>MoneySENSE 3: Life Insurance</title>
		<link>http://nefmq09.wordpress.com/2009/06/12/moneysense-3-life-insurance/</link>
		<comments>http://nefmq09.wordpress.com/2009/06/12/moneysense-3-life-insurance/#comments</comments>
		<pubDate>Fri, 12 Jun 2009 02:06:27 +0000</pubDate>
		<dc:creator>nefmq</dc:creator>
				<category><![CDATA[Let's Discuss!]]></category>
		<category><![CDATA[MoneySENSE]]></category>

		<guid isPermaLink="false">http://nefmq09.wordpress.com/?p=241</guid>
		<description><![CDATA[Excerpt from the ‘diary’ of an Economist.com correspondent: The topic was insurance. One of the volunteers felt strongly that because the women were single mothers, they should have life insurance. She explained that means someone will receive a payment upon the insured’s death.   Patrice spoke up. “I don’t want that, someone betting on you [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nefmq09.wordpress.com&amp;blog=6789025&amp;post=241&amp;subd=nefmq09&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nefmq09.wordpress.com/2009/06/12/moneysense-3-life-insurance/feed/</wfw:commentRss>
		<slash:comments>36</slash:comments>
	
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		<title>MoneySENSE 2: Credit Management</title>
		<link>http://nefmq09.wordpress.com/2009/06/10/moneysense-2-credit-management/</link>
		<comments>http://nefmq09.wordpress.com/2009/06/10/moneysense-2-credit-management/#comments</comments>
		<pubDate>Wed, 10 Jun 2009 02:10:35 +0000</pubDate>
		<dc:creator>nefmq</dc:creator>
				<category><![CDATA[Let's Discuss!]]></category>
		<category><![CDATA[MoneySENSE]]></category>

		<guid isPermaLink="false">http://nefmq09.wordpress.com/?p=229</guid>
		<description><![CDATA[Inability to manage credit properly can lead to serious repercussions. Imagine that your friend is in heavy debt, like one of those mentioned below. The following scenarios are taken from The Straits Times article, ‘Take cautious line on credit cards’: Scenario 1:  A 27-year-old I met recently at CCS had amassed credit card debts of [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nefmq09.wordpress.com&amp;blog=6789025&amp;post=229&amp;subd=nefmq09&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nefmq09.wordpress.com/2009/06/10/moneysense-2-credit-management/feed/</wfw:commentRss>
		<slash:comments>33</slash:comments>
	
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		<title>MoneySENSE 1: Financial Literacy and the Subprime Crisis</title>
		<link>http://nefmq09.wordpress.com/2009/06/08/moneysense-1-financial-literacy-and-the-subprime-crisis/</link>
		<comments>http://nefmq09.wordpress.com/2009/06/08/moneysense-1-financial-literacy-and-the-subprime-crisis/#comments</comments>
		<pubDate>Mon, 08 Jun 2009 11:54:45 +0000</pubDate>
		<dc:creator>nefmq</dc:creator>
				<category><![CDATA[Let's Discuss!]]></category>
		<category><![CDATA[MoneySENSE]]></category>

		<guid isPermaLink="false">http://nefmq09.wordpress.com/?p=215</guid>
		<description><![CDATA[Financial literacy is low not only in financially backward countries, but also in developed countries, and this may have serious repercussions. Tito Boeri and Luigi Guiso (http://www.voxeu.org/index.php?q=node/488) argue that financial illiteracy, in the form of ‘financial inexperience and myopia of consumers/investors’, is a main cause of the subprime crisis. Consumers fell for the prospect of [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nefmq09.wordpress.com&amp;blog=6789025&amp;post=215&amp;subd=nefmq09&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nefmq09.wordpress.com/2009/06/08/moneysense-1-financial-literacy-and-the-subprime-crisis/feed/</wfw:commentRss>
		<slash:comments>28</slash:comments>
	
		<media:content url="" medium="image">
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		<title>FYI: HELP! Why my comments don&#8217;t appear?</title>
		<link>http://nefmq09.wordpress.com/2009/06/03/fyi-help-why-my-comments-dont-publish/</link>
		<comments>http://nefmq09.wordpress.com/2009/06/03/fyi-help-why-my-comments-dont-publish/#comments</comments>
		<pubDate>Wed, 03 Jun 2009 13:27:16 +0000</pubDate>
		<dc:creator>nefmq</dc:creator>
				<category><![CDATA[FYI]]></category>

		<guid isPermaLink="false">http://nefmq09.wordpress.com/?p=208</guid>
		<description><![CDATA[Some people are facing difficulties submitting blog comments. Sometimes, comments that are too long, contain too many hyperlinks or submitted excessively will be automatically identified by the WordPress server as spam. We are aware of this problem and we are trying to find a solution. If you have submitted your comments but they are not [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nefmq09.wordpress.com&amp;blog=6789025&amp;post=208&amp;subd=nefmq09&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nefmq09.wordpress.com/2009/06/03/fyi-help-why-my-comments-dont-publish/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>#6: Shopping in Singapore: An Economic Analysis</title>
		<link>http://nefmq09.wordpress.com/2009/05/29/6-shopping-in-singapore-an-economic-analysis/</link>
		<comments>http://nefmq09.wordpress.com/2009/05/29/6-shopping-in-singapore-an-economic-analysis/#comments</comments>
		<pubDate>Fri, 29 May 2009 05:41:46 +0000</pubDate>
		<dc:creator>nefmq</dc:creator>
				<category><![CDATA[Let's Discuss!]]></category>

		<guid isPermaLink="false">http://nefmq09.wordpress.com/?p=193</guid>
		<description><![CDATA[Singapore is a well-known shopping destination, but as the economy falters, tourist numbers plunge and the demand for goods and services falls, will Singapore’s status as a shopping paradise be jeopardized? RazorTV- Singapore, still a shopping paradise? In this video, Ms Lau Chuen Wei, Executive Director of Singapore Retailers Association expresses confidence in the ability [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nefmq09.wordpress.com&amp;blog=6789025&amp;post=193&amp;subd=nefmq09&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nefmq09.wordpress.com/2009/05/29/6-shopping-in-singapore-an-economic-analysis/feed/</wfw:commentRss>
		<slash:comments>43</slash:comments>
	
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		<title>#5: The Asian Growth Model</title>
		<link>http://nefmq09.wordpress.com/2009/05/26/5-the-asian-growth-model/</link>
		<comments>http://nefmq09.wordpress.com/2009/05/26/5-the-asian-growth-model/#comments</comments>
		<pubDate>Tue, 26 May 2009 14:57:36 +0000</pubDate>
		<dc:creator>nefmq</dc:creator>
				<category><![CDATA[Let's Discuss!]]></category>

		<guid isPermaLink="false">http://nefmq09.wordpress.com/?p=145</guid>
		<description><![CDATA[In this post, we will focus on Asia’s stellar growth and the reasons behind Asia’s success. http://www.economist.com/world/asia/displaystory.cfm?story_id=13356518 This article from economist.com highlights a common factor behind the successful growth of East Asian economies- dependence on exports as an engine of growth.  The economic growth of East Asian countries have been very impressive- Japan’s “economic miracle” [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nefmq09.wordpress.com&amp;blog=6789025&amp;post=145&amp;subd=nefmq09&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nefmq09.wordpress.com/2009/05/26/5-the-asian-growth-model/feed/</wfw:commentRss>
		<slash:comments>36</slash:comments>
	
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		<title>#4: Thinking at the Margins</title>
		<link>http://nefmq09.wordpress.com/2009/05/22/4-thinking-at-the-margins/</link>
		<comments>http://nefmq09.wordpress.com/2009/05/22/4-thinking-at-the-margins/#comments</comments>
		<pubDate>Fri, 22 May 2009 07:44:24 +0000</pubDate>
		<dc:creator>nefmq</dc:creator>
				<category><![CDATA[Let's Discuss!]]></category>

		<guid isPermaLink="false">http://nefmq09.wordpress.com/?p=123</guid>
		<description><![CDATA[Recently a friend of mine asked me to explain the Marginal Principle. As some of you may already know, the Marginal Principle is one of the key principles of Economics. Basically, it provides individuals with a simple decision making rule- we should consider how a small change in one variable impacts us, and how by [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nefmq09.wordpress.com&amp;blog=6789025&amp;post=123&amp;subd=nefmq09&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nefmq09.wordpress.com/2009/05/22/4-thinking-at-the-margins/feed/</wfw:commentRss>
		<slash:comments>36</slash:comments>
	
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			<media:title type="html">P1000236</media:title>
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