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
It’s been 6 months since we got ourselves present in Perth, Western Australia. So far, it’s been a steep learning curve for me. I got myself acquainted with the culture here, and tried to figure out how to set up a business in all sense and aspects. Australia is very different to Singapore. As I like to say, I probably learnt more in the past 6 months what didn’t work than...Read More
The topic of building emotional resilience has been gaining awareness in recent years. Perhaps the older generation may dismiss this as weakness or an unnecessary skill since they coped just fine without it. However even though this generation has been privileged not to have to go through wars or the challenges of the past, technological advancement is a double edged sword. We are more...Read More
We absolutely love this poster! Often, kids pick up the language we use and mimic after us. A careless question of “Can you really do it?” may seem harmless to us, but can undermine and affect a child’s confidence & ability to perform. As adults, we need to practice responsible speech in our conversations with the little ones, so as to build their confidence and...Read More
Credits: Bill Watterson, Calvin and Hobbes
Control is but an illusion. Many of us fear uncertainty, we try to prepare for all scenarios in life even though we know that’s impossible. Illness, retrenchment and accidents are all out of our control. We cannot avoid their occurrences, but can only be ready to respond when they occur. Financial resilience is the ability to withstand all...Read More
I come from a middle income family, graduated from an elite girls school, junior college and then a double degree from university. By society’s standards, I should be climbing the corporate ladder, working hard to earn big bucks. Being a non-conformist, I ended up only working full-time for 4 years before deciding that life was too short to be clocking hours at work for corporate...Read More
Money can’t buy happiness but the lack of it can be a source of stress. Financial well-being is the sense of financial security for the present and future. Beside building up our financial provision, having a resilient mindset is also essential for our financial well-being. If you find this infographic useful, here are other articles you may like.
In my last week’s article, I wrote about what skills were necessary to survive in life. Looking back, I am not 100% certain that having the knowledge or being educated on these skills are sufficient for success. After all, it’s one thing to be book-smart, and another to be street-smart.
When I was in my mid 20s, I had friends asking me what they should do with...Read More
When I was 15, I questioned the benefits of learning binomial theorem and its application to my life. 2 decades later, this question still remains unanswered. Today, I am recognised as an adult legally and expected to be an adult. This “adulting” process has been challenging and while I respect that life cannot be as structured as a classroom, there were definitely some...Read More