Many people would agree that it isn’t easy to manage money, especially when there are many different aspects to it, such as savings, investing, insurance etc. It is also hard to heed any professional financial advice because different people have widely different circumstances.
Not many people know this, but Albert Einstein, the guy behind the general theory of relativity and the famous equation E = mc2, invested most of his Nobel Prize money in the stock market. While he is not known for his investing acumen, he discovered the greatest mathematical discovery of all time –
Singapore Finance Minister Heng Swee Keat will deliver the 2018 Budget Statement in Parliament on 19 February this year, the Ministry of Finance (MOF) announced on Monday (1 January). The unveiling of Budget 2018 will come after Prime Minister Lee Hsien Loong said last November that raising taxes was
If you are applying for any type of loan, chances are high that a lender will ask for your credentials to access your credit scores. For those who never have come across a credit score, it is an aggregated number that institutions use to ascertain how good or bad of a risk a person is when it comes
Cryptocurrencies continue to lure novice and professional investors with huge rewards. The value proposition has made cryptocurrencies some of the most sought-after investments in the world. Just as it has always been the case with investments boasting of astronomical returns, it may be time for would-be
As such, buying travel insurance is one of the few key things you should bear in mind, especially when you are planning a trip in a group. While such policies cover more than you might think, you should understand that it doesn’t cover everything, as every policy has certain exclusions.
Singapore’s media industry is facing threats from the rise of digital content through new distribution platforms such as social media and over-the-top (OTT) video platforms. The threats, however, also represent opportunities for the industry to grow, said Robert Gilby, board member of the Info-communications
It can be hard to make sense of anything when you are involved in a car accident. Not only do a traffic accidents cause physical harm, they can also affect your finances profoundly. In addition, file a police report if any parties (the driver or passengers) sustain injuries due to the accident.
Meeting up with your ex-colleagues, friends and family is a joyful event. However, one can often end up paying through the nose when the dinners and partying become too frequent.
It can be hard to adjust in the beginning when you start living with your partner for the first time. Everything will seem to pose a challenge, be it doing day-to-day chores or managing your budget, because your partner’s needs may not be the same as yours.
For the past two years, Bitcoin has been the talk of the town for its meteoric rise in value. Needless to say, there is growing interest among investors to invest in this digital currency to capitalise on the next big thing. There are so many cryptocurrency exchanges available for traders and investors
Do you believe you deserve that pay raise you always wanted, but are unsure whether you will get it or not? Avoid having this discussion when the decision-maker is not in a good mood or facing issues with your team members.
With the costs of living continually on the rise in Singapore, it is no wonder that people are looking for different and creative ways to save money. It has become an essential part of our lives where we are consistently saving up for the big things, like our dream house, glamorous wedding or simply
To have a perfect wedding is nearly everybody’s dream, but many people drop the idea of a dream wedding altogether simply because they are unable to afford it. By employing the following cost-saving tips, we hope that you can have the best of both worlds – the affordable and perfect wedding.
Getting travel insurance can safeguard you from things like cancelled flights, accidents, travel company bankruptcies, emergency evacuations, or any other loss related to travelling. Thus, it is common that many people who are not familiar with the Dos and Don’ts of buying travel insurance. To avoid
While you may have a strong temptation to squander all your money by partying away during the initial few years of employment while earning money is still novel, try not to overdo it! As their income rises, their expenditure also seems to follow suit – rendering any salary increment pointless.
The first thing children need to know about money is that it does not grow on trees, and that it has to be earned. A good way for children to learn this concept is through what we call ‘incentivised pocket money’. A good way to introduce pocket money is to draw up a household chores chart.
Here is a hard truth: Too many of us are getting out of shape due to unhealthy habits like binge drinking and eating excessive fast food. In fact, according to recent media reports, obesity is estimated to have cost Singapore at least $614 million in 2016, in terms of healthcare and lost productivity
It is essential to have well-rounded coverage so that you don’t kick yourself when something unexpected occurs and you blame yourself for not being insured
For many workers, a salary increment gets us pumped and gives us a sense of accomplishment. Thus, we have earmarked four things to do for those who want this little pay raise to actually pay off big time in the future. One simple fact you must be know is that, with the increase in your salary, the
Are you worried about your spending habits, and want to know how to control it? Or do you merely want to optimise your savings for your retirement in future?
According to an online poll reported in 2015, it is estimated that the ideal retirement nest-egg is estimated to be about S$1.38 million, although respondents varied in how they arrived at this figure.
Many people have often ventured into the stock markets to make quick returns, only to end up losing all of their capital. The reason is simple – they usually have no idea of how the investment ‘game’ is played, nor have they considered the risk factors associated. This is probably the worst approach
Investing your money is one of the most important steps a person can take towards being becoming financially independent. In hindsight, it would have been so much easier and economical had I looked for a more experienced mentor at the start.