15th
January
2009
Live with Passion, Plan with Prudence.
Set specific targets & timelines for the results you want to achieve.
Each financial decision you make can affect several other areas of your life e.g. a decision about your child’s education may affect when & how you meet your retirement goals. Remember that all of your financial decisions are interrelated.
By developing good financial planning habits, such as saving, budgeting, investing & regularly reviewing your finances early in life, you will be better prepared to cope with changes & handle emergencies. Read the rest of this entry »
posted in Financial Planning |
18th
September
2008
posted in Mortgage Financing |
10th
July
2008
They live longer & earn less than men, so they need to invest wisely for themsleves.
Note: A man is not a financial plan. 
While women are generally “good savers”, they do not take the initiative to do financial planning & do not do as much for themselves as they should.
Most women are intimidated by financial jargon, & they get so busy with their families & children.
Financial experts agree that while the steps of building an effective money management plan are the same for men & women, the latter must be even more diligent than men because their risks of financial insecurity are greater.
“Women not just in Asia but also around the world live longer than men & almost invariably have fewer resources than men,” said Insead’s Professor Sarah Mavrinac.
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posted in My 2 cents' worth |
10th
July
2008
Retirement can be the most carefree years of your life. Now is the time to take it easy & do the things you have always wanted to do but never found the time. However, to spend years without a full-time job does require a considerable amount of financial resources. The golden rule is retirement planning is to start planning as early as possible.
People make 3 common mistakes on retirement planning.
Read the rest of this entry »
posted in Retirement |
10th
July
2008
Let’s face it, not all of us are going to get married & start a family. An increasing number of younger Singaporeans are deciding early in life to remain single as part of an “alternative lifestyle choice”.
Some of us simply choose not to, others never meet the right mate. Whatever the reason, singles are a demographic group that can only grow in significance. But singles still need to make financial plans for their future, even if somewhat differently.
The question, then, is: What is special, if anything, about drawing up financial plan for lifelong singles?
Read the rest of this entry »
posted in Financial Planning |
