No. If you do a graduate degree, it should be something related to what you want to do for a career.
Think of graduate school as like specialized vocational training - you go if you need a graduate degree to enter a certain career field, and you go in the area that you need it for. So if you wanted to be an astronomer (as in a researcher who works at a university or a laboratory and performs research on astronomy), you’d get an MA and probably a PhD. Or if you wanted to go into public policy you’d get a master’s of public policy.
If you wanted to be a scholar of Asian studies, then you might start with an MA in Asian studies. Or if you wanted to do some kind of work that would use that - like the foreign service - then maybe an MA in Asian studies might work. But Asian studies is also an academic field, and you have to demonstrate some prerequisite knowledge and some understanding of what and why you want to study Asian studies. Being from Asia is not necessarily enough in and of itself. For example, Berkeley’s MA program in Asian studies require upper division coursework in the area you intend to specialize and a writing sample in Asian studies. There are a few MA programs in Asian studies that accept students with less preparation (like Cornell’s). But what use would an Asian studies MA be for you, especially if you plan to work in Singapore? You already say that your family is financially strapped; there’s little use in sinking money into a useless degree simply so you can study in the U.S. for two years.
Also, most people don’t apply to only one graduate program out of financial concern. At the very least they apply to around 3-5 programs. If you can only afford to apply to one, the best thing you can do is work for a few years while you 1) figure out what you want to do and whether you need a graduate degree, and 2) save up money for application fees.