The mindset that everyone should strive to attain a degree seems to be carved in stones for Singaporeans today. Singaporeans are viewing the importance of a degree with the highest priority such that they do not mind risking going into debt just to fund it.
What do you do if you have managed to save an extra S$10,000 in your bank account? Seedly asks 4 financial bloggers how they would invest their first $10,000.
Investment Linked Plans (ILPs) work differently from other insurance plans. Weigh the pros and cons of ILPs carefully before signing up for one.
AK thinks there are quite a few readers who are confused about the difference between contributing to their CPF account and topping up their CPF account. He understands their confusion. Once upon a time, he was confused too.
Business issues are often considered a separate “world” from personal finance. But while the two are quite different, there are some important money lessons to be learned from businesses and entrepreneurs. Here are some things you can learn from failed businesses in Singapore.
A junior staff who earns $2,000 a month can potentially be wealthier than a banker who earns $4,000 a month if the junior staff saves 50 percent or $1,000 while the banker saves just 20 percent or $800.
This article may look sexist at first glance. One might ask: “What do you mean by “invests like a girl”? Are you trying to insult Warren Buffett or are you trying to insult females?”
Have you heard of these companies called Sunshine Empire, Geneva Gold and Gold Guarantee? Unfortunately, there is one thing these companies have in common: they are all Ponzi schemes.
Most Singaporeans grew up with the typical Singaporean philosophy – get good grades, find a high paying job, and work till you retire. But is the key to financial success a high paying job? What if there might be ways out of the rat race?
As a parent, I often struggle to teach – by example and by word – my kids about money. To set myself straight, I sometimes remind myself of what I learned about money as a child from my parents…