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
For individuals who are adulting, financial independence is a huge milestone. We often struggle with reading/paying bills, and making sound financial decisions that we are confident of.
CoVid-19 has resulted in high levels of economic uncertainty. Individuals feel anxious about the future and not know the best way to respond financially. This workshop aims to empower young adults aged 18 to...Read More
2020 is shaping up to be a year that shows the power of financial independence. As teenagers, we crave independence. This means we also need to become financially independent from our parents. When we do not depend solely on others for livelihood, we have more control in our lives. This gives us a greater say in how we respond to our environment.
COVID-19 has forced countries into isolation...Read More
Chances are we all have more than one bank account. As the world switches increasingly to being cashless, bank accounts become more important. They are now the new substitute to our traditional wallets. bank accounts money management.
Depending on your preference, you may have one or many accounts. Choosing suitable accounts is similar to buying wallets that meets your needs. It is important...Read More
Learning how to trade is increasingly popular as a way of making money. If you have not read our article on the overview of investments and trading, you might wish to look at that first to get the context of today’s discussion. lifeskill how to trade
Today, we are going to look at the benefits and risks of investing versus trading.
At the core of trading/ investing, people earn through...Read More
Building financial resilience is becoming increasingly important. 2020 is turning out to be a year that none of us had expected. There is a lot of uncertainty around when all these will end and go back to ‘normal’. It has also been challenging for individuals to figure out a new way of living. Studies have shown how COVID-19 has impacted our finances.
As spending patterns change, this has...Read More
Many teenagers and young adults are now exploring trading as another way to earn money. It’s thus imperative that they know how to trade and what it is. It was heartbreaking to read the news of Alexander E. Kearns’s suicide! Imagine feeling you had to take your life because of $730,000 in debts. Worst, this was a temporary balance before settlement. Subsequent revelations...Read More
As our children grow into teenagers, they desire more independence. Some start looking for part-time work as a way to expand their income. This is a great opportunity for parents to coach and guide children into how to earn money more effectively. Hence, Adulting advice about earning money
1) Getting A Job
Most of us earn income by getting a job. From young, children may have learnt to...Read More