When you see your friends willing to pay for extravagant items, do you wonder how they can afford it? Is there constant comparison and a nagging feeling of self-doubt, that you are not managing your money the best you can?
Trust me, I know how you feel. I often feel insecure and panicky when it’s only the middle of the month and I have depleted my monthly allowance or when I lose self-control...Read More
With the recently passed 11.11 and 12.12, you may have been tempted by the many sales and promotions from all the shopping sites. However, once the mood passes and you find yourself surrounded by your unplanned purchases, you might question why they were bought. Impulsive buying is common, especially with online shopping. There are many traps set by online stores to promote impulse buying,...Read More
As we walk on the streets now, we see many people wearing or holding branded items. From Chanel handbags to Nike shoes, these products have become a norm in our daily lives. Have you stopped though to think if we might be paying too much for them? Is having branded luxury items a form of good money management? Here are some thoughts on why buying luxury items may not be your best choice when...Read More
YOU influence your child’s financial learning and gratification style.
Gratification styles are one of the most common concepts in financial learning. If you have not heard of it, let’s watch this video to get an idea of what gratification is.
While this may sound like “grown-up stuff”, we experience gratification from young.
Although children tend to prefer instant gratification,...Read More
It’s the most wonderful time of the year
~ Andy Williams
It is once again that time of the year where we enjoy the festive season! With Christmas around the corner, I am guessing everyone is rushing to get presents. Many of us are also feeling the need to reward ourselves by indulging our material wants and perhaps taking lavish holidays. Do you realise though that with these...Read More
Money advice is easy to find, but hard to differentiate. With advice coming to us from left, right and centre, how can we make sure that we follow the right ones? Here are some common money management advice which you might want to think twice about.
1. You need to save even more
There is a limit to how much we can save from our monthly income. Although it may seem like a great...Read More