Welcome to my blog! Use the categories to check out topics of interest, or just search below.
Singapore is seeing a rise in interest rates mostly as a result of hikes by the Federal Reserve Board (the Fed) in the United States. What does this mean for you and me?
Paying taxes are part of the financial ecosystem in all civilization with no exception to Singapore. Without tax, it will be difficult for the government to move forward any plans to improve the standard of living in the long run. So why even consider reducing your tax contribution?
What happens to our assets upon our death? Have you made sufficient preparations for those we leave behind? Have you made your nominations?
Given that the traditional wisdom for interest rates are not to incur them at all, should you pay off your mortgage as soon as you can ?
We set goals in our everyday lives as a way to measure performance or to aspire towards a dream. Interestingly, many people do not have financial goals planned out. A good financial planning concept is simple like ABCDE and to be SMART about it.
One of Benjamin Franklin’s famous quotes goes like this: “If you fail to plan, you plan to fail”. This adage is just as apt when it comes to managing finances and wealth. The good news is that in this day and age, most people want to plan their finances. However the not-so-good news is that most either do not spend enough time doing so or do not know how to go about it.
Like the book “Rich Dad Poor Dad” said, we get educated in school to gain scholastic and professional skills, but we don’t get educated about money. Given how important financial skills are to navigating life, we can teach our kids important financial lessons by taking advantage of every teachable money moment.
