Singaporeans Can Save Up to S$500 Monthly Through Digital Optimization, New ROSHI Study Reveals

January 09, 2025 12:30 PM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

SINGAPORE, Jan. 9, 2025 /PRNewswire/ -- ROSHI, a leading fintech company reshaping digital lending across Southeast Asia, today released its comprehensive "Inflation Survival Guide 2025," revealing how Singaporeans can leverage digital tools and smart spending strategies to combat inflation, which is projected to moderate between 2.5-3% this year.

The study highlights that while essential expenses consume over 63% of household budgets, strategic use of digital payment solutions and lifestyle optimization can lead to significant monthly savings.

"In today's economic climate, saving potential isn't just about cutting back – it's about spending smarter," said Amir Nada, CEO of ROSHI. "Our analysis shows that by optimizing digital payment methods, transport choices and food delivery subscriptions, the average Singaporean household can save between S$300-500 monthly without compromising their lifestyle. These savings are essential for Singaporeans facing rising costs across all aspects of daily life."

Key findings from the report include:

  • Top credit cards offer between 5-8% cashback on groceries, dining, and online spending
  • Food delivery subscriptions like GrabUnlimited ($5.99/month) save users an average of $45 monthly
  • Smart utility management and telco optimization can reduce bills by up to 20-30%
  • Digital gig platforms offer earnings from $13.80 per testing task to $350 per content piece

The transformation we're seeing in consumer behaviour isn't just about savings – it's about adapting to a new economic reality," said Trịnh Mai Thanh, Head of Research at ROSHI. "Our data shows that Singaporeans who embrace digital optimization tools consistently achieve better financial outcomes."

The full report, is available at https://www.roshi.sg/inflation-survival-guide-singapore/

https://www.roshi.sg
https://www.linkedin.com/company/roshi-marketplace/

https://www.facebook.com/ROSHI.Singapore

Contact: Media Relations ROSHI Pte Ltd
Email: [email protected]
Tel: +65 8959 1505


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

Two ASX Listed Stocks Giving Bullish Indications

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.