A funny skit with a serious message for the Third Age
Arthur Lee, Business Times 10 Jan 08;
BANKS are generally seen as eager to encourage spending, especially with credit cards. But in a reversal of emphasis, the Association of Banks in Singapore (ABS) is staging a skit called Money Got Enough.
The 10-minute, lighthearted sketch aims to drive home the message of living within your means to visitors to the Silver Industry Conference and Exhibition at Suntec Convention Centre this weekend.
Jointly co-organised by the Council for the Third Age (C3A) and MoneySENSE, actresses Irene Ang from Fly Entertainment and Patricia Mok from MediaCorp engage in witty dialogue on the importance of planning for retirement and managing savings prudently.
A recording of the skit will be distributed to various community centres and grassroots organisations for screening to constituents.
The message may have come at an appropriate time. An AC Nielsen report commissioned by OCBC Bank in the last quarter of 2007 on the aspirations of Singaporeans over the next 10 years found they ranked retirement No 10.
ABS director Ong-Ang Ai Boon said: 'Through this entertaining and funny skit, we hope the key messages of managing personal finances prudently and planning for retirement needs will be driven home.'
Council for the Third Age CEO Henry Quake said: 'The council believes sound financial planning - before and after retirement - goes a long way towards ensuring security and peace of mind in retirement years.'
