Lifestyle & Hobbies

Psychology of Money: How Our Emotions Affect Our Finances

Money, an essential aspect of our lives, goes beyond its tangible form. It holds a deep connection with our emotions, influencing our financial decisions and shaping our financial well-being. In fact, a study performed by Nobel Prize-winning psychologist Daniel Kahneman found that we make financial decisions based 90% on emotion and only 10% on logic. Financial therapist and wealth counselor Marilyn Wechter further illustrates this through philanthropy. “Philanthropy isn’t just a strategy to reduce your tax liability, but a wonderful


Personal Finance

5 Mind Tricks to Help You Stick to Your Budget

When it comes to spending less and saving more, it is tempting to bury our heads in Sentosa’s sand. The way we manage our finances today is entirely different from the way money was managed in the past. It is getting increasingly easier to spend money, and more challenging to save money. When done right, budgeting can direct a series of clever financial choices to move you closer to the things you want out of life. Take the time to