R. Sivanithy is a former senior correspondent with The Business Times. He is currently an Associate Trainer with the Institute for Financial Literacy (IFL), the outreach arm of the Government’s financial education programme called MoneySense. IFL provides free and unbiased financial literacy education aimed at helping Singaporeans make sound financial decisions on their own. IFL’s courses are structured along four pillars for good financial health – Money Management, Insurance, Investing and Retirement Planning. MoneySense is administered by the Monetary Authority of Singapore and the Ministry of Manpower.