We are constantly looking for new ways of making money. As we move towards a cashless society, we may wonder if cryptocurrency is the future of money. Trading with cryptocurrency can be a lucrative source of passive income. As with every form of investment, there is risk involved. Understanding your risk tolerance using this article might help you determine if cryptocurrency...Read More
Every parent wants the best for their children, from education to employment, to falling in love and starting their own family, or finding their passion in life. Most, if not every parent, want the same thing – for their beloved children to grow up happy and healthy. However, it’s not easy to always give them the best while juggling every aspect of life. There could be times when parents...Read More
I’m sure we all have a vision of how we would like our lives to be like in the future but may not know how to achieve it. Are you wondering how to start your financial independence journey? One way to get there is by first setting SMART financial independence goals.
Why SMART Goals are helpful
If our goals are not feasible, we may end up feeling discouraged every time we are unable...Read More
Buy Now, Pay Later (BNPL) is a simple concept that spreads payment for an item over time. Instead of paying the full amount during checkout, we choose the BNPL service which pays the merchant on our behalf. By taking this action, we agree to pay the BNPL service over a period of time. Effectively, we split the payment into smaller amounts over an agreed upon time frame.
However, this...Read More
When developing the life skill of tax filing, we need to know the common terms that we mix up. This helps us to identify our potential errors, so we can file an accurate return. We are also more confident when interacting with the tax authorities!
In our last article, we started off with assessable income against taxable income. As a quick recap, here’s the formula that shows how they...Read More
As humans, we feel both positive and negative emotions at the end of year. For many, we take this time to reset and review our financial goals. This allows us to embrace the new possibilities that can happen. For others though, we feel anxious and uncertain for what’s coming. This can be largely due to the financial obligations that come with the season. One such obligation is tax...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 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
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