Savings – Theory of Constraints

Financial Planning for Newborn and Maximising Child’s CPF SA / MA top-up

Most recently (in fact just 4 days ago), a new addition came onboard to the family. A brand new journey awaits in the financial planning for this little one! Life has been quite hectic while we adapt to the changes and schedules for two kids. Both needed equal attention, time and care; though being equalContinue reading “Financial Planning for Newborn and Maximising Child’s CPF SA / MA top-up”

His money, her money, our money

Prior to marriage, individuals have complete control, access to and allocation of their income. Once a family nucleus is formed, different ways emerged whereby money is managed in the household. Some families maintained separate control, taking turns to foot common bills; some have minimally a joint-expenses account, whereby both spouses contribute equally. In some countriesContinue reading “His money, her money, our money”

Inculcating transferable and manageable savings and investment habit

It is pretty interesting to note that parents who on one hand disagree on spoiling their children with a golden spoon, yet be willing to pamper them with the latest IT gadgets or wants. Some disagreements which we commonly hear are Children should work and earn their own keep for their own university education. TheyContinue reading “Inculcating transferable and manageable savings and investment habit”

A call to kick-start your CPF retirement planning early

The average life expectancy for Singaporeans is 83.2 years, for year 2018. Singaporean males have to perform national services duties for 2 years, and if we were to include university studies, the average age of beginning work in society is 25 years of age. I would have mentioned earlier in my article, Investing from Age Zero,Continue reading “A call to kick-start your CPF retirement planning early”

Cutting down on being penalised

While I am trying my best to scrimp and save, invest and grow my wealth, it is subtle yet “shocking” sometimes to fin that easy money was slipping out of my hands. By that, I refer to penalties and fines for not doing or committing to some actions on time. The most common types ofContinue reading “Cutting down on being penalised”