Ladies, Protect Yourself First Before Caring For Your Loved Ones
I was recently interviewed by the Chinese newspaper Lian He Zao Bao, for an article on women and caregiving that was published on Sunday, 10 April 2022. The translated title reads “Ladies, Protect Yourself First Before Caring For Your Loved Ones”. Here, I’m sharing with you the interview questions and my response. Hi Karen, thank […]
Comments on Business Times article “Break the Bias On Female Investors”, 28 February 2022
Comments on Business Times article “Break the Bias On Female Investors”, 28 February 2022 Women should not have preconceived notions that they don’t make good investors, or are too risk averse. The first step is to simply start the journey – keeping an open mind, and willing to learn the right lessons. Women, in fact, […]
9 Personal Finance Rules We Should All Better Know
Recently, someone forwarded a well-meaning message to me on Whatsapp. Here it goes: 9 Personal Finance Rules We Should All Better Know 1) Rule of 72 2) Rule of 70 3) 4% Withdrawal Rule 4) 100 Minus Age Rule 5) 10-5-3 Rule 6) 50-30-20 Rule 7) 3X Emergency Rule 8) 40% for Monthly Repayments Rule […]
Why Young Adults Need To Start A Financial Plan Now
Why Young Adults Need To Start A Financial Plan Now The end goal of financial planning is to be able to enjoy a worry-free, comfortable retirement. Wouldn’t you agree with me? A recent FinFit survey by HSBC shows that young working adults in Singapore aged 24-39 are weakest in their retirement planning as compared to […]
6 Behavioural Biases That Can Impact Your Investment Decisions
6 Behavioural Biases That Can Impact Your Investment Decisions Everyone has biases. Though we like to think we are rational human beings, the truth is we all have biases that influence the way we view the world and make judgements about people, opportunities, government policies and also investing. In fact, we are susceptible to a […]
8 Ratios that Will Reveal Your Current Financial Health
8 Ratios that Will Reveal Your Current Financial Health Financial statements, specifically cash flows and balance sheets, can tell a lot about one’s financial position. To an even greater extent, personal financial ratios are useful benchmarks to help you evaluate your financial strengths and areas that need improvement. These benchmarks can help you to develop […]
What To Know About Emergency Fund
What To Know About Emergency Fund It is no surprise that when life presents an emergency, it threatens our financial well-being and causes stress. Being prepared with an emergency fund gives you the confidence and assurance that you can tackle any of life’s unexpected events without adding more money worries to your list. If you […]
Critical Illness Insurance is More Crucial Than Ever Before
Critical Illness Insurance is More Crucial Than Ever Before Insurance is a great risk management tool that you can get at an affordable price in exchange for the leverage it gives you. Insurance is fundamental in a sound financial plan. The financial burden can be tremendous when unforeseen happens. Your plans and goals can derail […]
Why is it important for women to close the financial literacy gap today?
Why Is It Important For Women To Close The Financial Literacy Gap Today? Financial literacy is the key to good money decisions. And good decisions are needed for financial stability and independence which are crucial in Singapore. We are, after all, not a welfare state and we are encouraged to secure our own resources for […]
Which is Better – Term Life or Whole Life Insurance?
Which is Better – Term Life or Whole Life Insurance? An insurance policy provides protection for financial losses suffered as a result of a particular event. Such events include death and total and permanent disability (TPD). To put it simply, a life insurance policy is designed such that if you die or are unable to […]