Daily Briefing: Sold homes rise to year-high; Job, pay worries make Singaporeans glummest since 2009

And here’s how to nab the right insurance policy.

The number of new homes sold in Singapore rose to the highest in a year in July, with buyers snapping up new projects after almost three years of price declines. Developers sold 1,091 units last month, compared with 536 in June, according to data released Monday by the Urban Redevelopment Authority. Read more here.

Singaporeans are the most pessimistic about the economy in seven years as they’ve grown more gloomy about their quality of life, their income and job security. Mastercard’s consumer confidence index for the city-state plunged to 33.6 in the first half of 2016, down from 44.3 for the previous six months, the company said in a statement on Aug. 11. Read more here.

Some objectives could include; investing your money to earn higher returns, building up cash savings for a rainy day, creating a stream of passive income, having sufficient health insurance coverage, and making sure your family is well covered financially if you are not around. Read more here.

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