Living from paycheck to paycheck can cause stress, especially when you cannot cover all your needs and wants on a monthly basis. Constantly scrambling to make ends meet can feel like running on an endless financial treadmill. A combination of practical strategies and a positive attitude can help you make real progress. The most crucial step is to start – now! #1: EXPECT THE UNEXPECTED When you are struggling to pay for all your current expenses, it can seem impossible
With a handful of coins in your pocket, you are wondering what unnecessary item you can splurge on in the school bookshop. Good times, right? Singaporean students in the near future will no longer experience the same thing as they will be using the cashless method soon. By 2025, most of the students in Singapore have the option of using e-payment for purchases made in school bookshops and canteens. Instead of giving pocket money, students will be given cards or
Money is a strong tool that can help you achieve your goals. It can provide stability for your family and allow you to save towards important milestones. To achieve these things, you must know how to make your money work for you. Making money work for you pertains to using money to make more of it. Your financial decisions can guide you through this. Start by learning how to budget! #1: LEARN TO BUDGET Change the way you handle money
Financial wellness refers to effectively managing your economic life. This concept surrounds many factors such as spending within one’s means, being financially prepared for emergencies, having a concrete plan, and having access to tools necessary to make good money decisions. Financial security is the underlying concept of financial wellness. To help you reach financial wellness, you may start by following these steps. STEP 1: COMMIT TO CHANGE The first step in developing a financial plan is to determine your attitudes
Managing finances can be challenging, especially when you are navigating through different conflicts such as budgeting with an entry-level salary or carrying a hefty student loan debt. Focusing on the fundamental financial strategies will enable you to strengthen your financial position. Work towards achieving your goals and financial success with these savvy tips. #1: ESTABLISH YOUR EMERGENCY FUND The importance of building an emergency fund has been the subject of many financial articles. After all, it is one of the
