Taking Financial Advice from Friends? Here’s What You Need to Consider

Taking Financial Advice from Friends? Here’s What You Need to Consider

Recently, I facilitated a financial literacy game, and one of the participants, a fresh graduate from a local university, gave me a lot to think about when it comes to financial advice. She played the game with a good sense of financial responsibility, focusing on clearing liabilities like credit card debt. This strategy helped her…

Are You Worried About Dying Alone and Nobody Knowing for Weeks?

Are You Worried About Dying Alone and Nobody Knowing for Weeks?

This question might sound unsettling, but it’s a real and growing concern. The recent story of an elderly couple in Singapore who passed away in their Jurong flat, unnoticed for weeks, is a stark reminder of the challenges of aging in isolation. In Singapore, as family sizes shrink and lifespans grow, more seniors are living…

Portfolio updates: Reducing allocation to China equities

Portfolio updates: Reducing allocation to China equities

It has been almost 6 months since I’ve transitioned my cash investments rom a robo-advisor managed investment portfolio to a self-managed model and I finally found some time to share their performances so far. Performance of my cash investment portfolio The market has been bearish for the entire year so it’s needless to say that…

Quick review of 2020 and creating meaningful habits instead of goals in 2021

Quick review of 2020 and creating meaningful habits instead of goals in 2021

If you could use one word to describe 2020, what word would you use? For me, that word is, grateful. In a year where the pandemic created major upheavals in both the financial markets and our daily lives, I’m grateful that the habits that I created for myself around personal finance and lifestyle over the…

Money Hack: How to get the best Singtel Fibre Broadband recontract deal

Money Hack: How to get the best Singtel Fibre Broadband recontract deal

When it’s time to recontract our Singtel Fibre Broadband internet plan, how do you find the best recontract deal? I imagine you would start by browsing through the websites of all the Internet Service Providers (ISPs) in Singapore and comparing the plans that are relevant to you, deciding whether you should recontract with your current…

Sandwich Generation: Help your kids escape the same fate

Sandwich Generation: Help your kids escape the same fate

NTUC Income just launched a viral marketing video that complements their recent study on the Sandwich Generation and how Singaporeans view their financial future. I know it’s becoming viral because my friends who aren’t great at financial planning started posting the video in Facebook. In case you’ve not watched it before, here’s the video. Warning:…