Generally speaking, a financial plan is a comprehensive evaluation of an individual’s current and future financial state. Crafting a financial plan involves using known variables to predict income, asset values, and withdrawal plans. Thus, you have to go through a series of steps to adjust your savings and spending habits. Here are just some of the steps: STEP 1: KNOW WHERE YOUR MONEY GOES Your top priority is to develop a detailed list of where your money is heading to.
You are a responsible adult living in the most expensive city in the world. With this in mind, how much money should you have in your savings account? This may sound like a basic financial query, but it is hard to extract a straight answer from it. Make things simple by aligning your goals with the volume of your savings. Here are just some goals that you may tap with: GOAL #1: BUILDING A SAFE NEST FOR THE GOLDEN YEARS
Not every Singaporean believes in the prowess of financial institutions. There are some people who prefer to hide their wealth in a personal safety deposit. If you are one of these people, take time to introspect. What is the real reason why you keep bundles of cash at home? Do you foresee a need in the near future? Lacking immediate reasons why you need the money highlights that stashing your cash at home is not necessary. Do not get me
If you cannot ask for a boost in your school allowance, you need to get creative to stretch your dollar! TAKE ADVANTAGE OF FREE COMMUNICATION I recently savored a blissful lunch with my long-term friend. Our conversation took an interesting turn as we shared our childhood stories. When she was a teen, she made countless overseas calls to the Philippines. Her father was immensely surprised that her bill amounted to S$400. A plane ticket would have been cheaper! Many students
Customers can deposit funds during lucky timings via DBS PayLah! or avail themselves to over 350 DBS/POSB cash deposit machines islandwide SINGAPORE, 1 February 2017 – On 3 February this year, also known as “Li Chun” on the Chinese calendar, Singaporeans will be able to make deposits to their bank accounts while on the go via their DBS PayLah! mobile wallets. Available to users from all Singapore banks, DBS PayLah! users can skip having to bank in cash physically on