Part of adulting involves seeking employment, then negotiating on remuneration. Picture this: You’ve been job hunting for some time and have finally received a job offer from your dream company. Congratulations! Before you accept it, know that it is important to look at the entire remuneration package as a whole. Being adequately remunerated now has an influence on your future earning...Read More
We often are told to avoid credit cards in our adulting journey. They are portrayed as capitalistic money-sucking scams created by banks. Run far unless you have a death wish or want to be entangled in a mountain of debt! However, this could not be farther away from the truth. If used responsibly, credit cards can bring about a wealth of benefits. Not quite sure how to use credit cards to...Read More
Many of us work hard and focus on earning money in the hope of having sufficient funds for retirement. While most people retire at the age of 60, the cost of living increases have meant that many of us end up working in old age. This creates fear in individuals in wondering how they can earn enough to afford retirement.
Much has been discussed about the FIRE movement as an answer to this....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
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