As our New Year Celebrations come to an end, it’s a good time for us to take a look at our financial planning for the year ahead. Goal setting is an important part of everything we do. It ensures that we’re able to reach our targets in a timely manner. This applies to our financial goals too! As the saying goes, if you fail to plan, you plan to fail. That is why we have put...Read More
Volunteering is a great opportunity for you to make a difference in others’ lives and society. You will also get to make a difference in yourself through many ways. Not only do you get to make new friends, you gain confidence, satisfaction and skills! Indeed, volunteering hone life skills that will eventually benefit you in professional and personal space. In this article, we...Read More
In our adulting journey, many of us learn to take on responsibility for ourselves and others. Especially as the year draws nearer to an end, we look forward to the festive season, gifting, and spending time with loved ones. Many of us also take this time to contemplate and acknowledge how important our loved ones are to us. Cherishing our loved ones is not just giving them gifts and being...Read More
Part of adulting involves looking for work and earning an income. Some of us choose to be self-employed, while others seek a job. The days of expecting a legacy job with the same company until we retire, however, are long gone. Self-employment is more and more the future of work, reports Prospect Magazine. Even if we favour traditional employment, we can expect to spend half or more of our...Read More
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...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