Saving money as a teenager is challenging, especially when your social media is constantly flooded with #OOTD posts. Online shopping is so tempting! Your peers may influence your spending habits too. It is important to note that while saving money is hard, it is not impossible! WIDEN YOUR KNOWLEDGE They say that knowledge is power. This age-old statement highlights the importance of handling your own money smartly to make less financial mistakes. Educate yourself by purchasing books on financial literacy,
Not all establishments are opening during Phase 1. This means that many Singaporeans are still working from home. Staying mostly indoors for long periods of time can take a toll on anyone. One way to get rid of the unpleasant feelings you have been having is to keep yourself busy. Here are five stay-at-home ideas that you can explore to spice up your days! #1: BOOST YOUR CHILD’S ACADEMIC PERFORMANCE Increase your child’s grades by using technology to your advantage.
Financial planning has never been an easy task, but the pandemic has made it even more difficult. Finance professionals are used to consistency and accuracy. They are not trained to plan for unclear economic conditions. No one is! The five-year plan that we are supposed to send to our supervisors is now completely out of the window. How can you plan for your finances, if you do not know what is going to happen in the future? #1: HAVE A
Your sense of stability will be at its peak at the age of 40. During this phase, you will get more control on your finances and your family plans. You may prioritize your child’s education and sustain the needs of 3 people in your household. On the flip-side, being financially stable in your 20s is a rare sight! It is terrifying to navigate through the adult world while being confused with will happen next. Sometimes, you think you have plenty
With non-essential establishments on closure and the economic crisis we are under, how can you employ a system to arrange your cash-flow better? The answer is strict BUDGETING. A budget estimates your revenue and expenses over a period of time. By listing your sources of income beside your monthly expenditures, you will get an idea on where your money goes. This way, you can make smart financial choices and prioritize your obligations to reach your financial goals. Creating a budget