Financial fitness is a major factor when it comes to the quality of life: Study

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Developed markets scored lower than those in emerging markets.

The overall quality of life index averaged 75 in 2023, whilst developed markets like Singapore and Hong Kong are poised for a lower standing, HSBC reported.

The report further highlighted the necessary elements that make a good quality of life. Respondents take into consideration: physical health, stable income, quality time with friends/family, mental health, emotional health, travel, spiritual wellness, home ownership, career success, and passive income.

 

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