{
  "id": 12054011,
  "title": "You’ll never be able to outrun money: Why chasing a salary alone won’t get you rich or wealthy",
  "url": "https://urgent.news/2026/10/05/youll-never-be-able-to-outrun-money-why-chasing-a-salary-alone-wont",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-05T02:00:00.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/youll-never-be-able-to-outrun-money-why-chasing-a-salary-alone-wont-get-you-rich-or-wealthy"
  },
  "original_language": "en",
  "account": "In the latest episode of a podcast series on financial literacy, hosts Kai Wen and Sue-Ann Tan delve into the concept of liquidity. They clarify that while everyone is encouraged to invest, it's crucial to determine how much is sufficient and what percentage should be reserved for unexpected emergencies. They also discuss savings for important commitments like housing, such as BTO applications. The hosts explore various types of investments and their liquidity levels, questioning whether one should keep all their funds in savings accounts to prepare for unforeseen circumstances.\n\nLiquidity, according to the hosts, refers to how easily assets can be converted into cash without significant loss in value. They debunk the notion of keeping all money in savings accounts as a safety measure, arguing that it may not be the most effective way to manage finances. Instead, they suggest a balanced approach to investment and savings that aligns with individual financial goals and circumstances. The podcast also serves as a reminder that while financial advice is valuable, it should be used as a general guideline rather than a definitive plan. As always, the listeners are urged to consult a qualified financial advisor for personalized advice.",
  "summary": "Invest but keep enough liquidity to help you sleep at night.",
  "key_points": [
    "Liquidity refers to converting assets to cash without significant loss in value",
    "Podcast debunks keeping all money in savings as a safety measure",
    "Balanced approach to investment and savings aligns with individual goals"
  ],
  "editors_take": "Rethinking the role of savings and investments in a financial plan reveals that a balanced approach may be more effective than keeping all funds in easily accessible but potentially low-return accounts.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}