Gift Yourself A Year-End Financial Checkup
Gift Yourself A Year-End Financial Health Check-Up As we start to get busy with the festive preparation, it can be tough to find time to organize and review your financial life. But if not now, then when? It may seem easier to postpone it till the first quarter of the New Year, but your financial […]
Women and Financial Planning: 4 Steps To Mitigate Caregiving Risk
Women and Financial Planning: 4 Steps To Mitigate Caregiving Risk In the past twelve months, I came to know of 4 families who have ailing parents. A common issue faced by the families was who should be the primary care giver and how the financial burden ought to be divided amongst the siblings. The last […]
Banking on Your Employee Benefits Insurance? Think Again.
Banking on Your Employee Benefits Insurance? Think Again Most employees do not pay attention to their employee benefits insurance until a medical claim arises. And there are those who think they have adequate coverage given by the company, without checking exactly what they are covered for. So, does it make sense to depend on your […]
9 Reasons Why We Need A Financial Adviser
9 Reasons Why We Need A Financial Advisor A question that some prospects ask me is: “Do I really need a financial advisor? I think I am quite good with numbers and have jotted down my expenses, assets and liabilities in a spreadsheet. I also read the newspapers and see ChannelNewsAsia everyday so that I […]
The 4 Financial Management Habits That Successful People Practise Faithfully
The 4 Financial Management Habits That Successful People Practise Faithfully What is financial planning? The typical response I get is “Buying insurance and investing to grow my money”. That is somewhat right. You see, before we even delve into risk management or investment planning, the number one thing to determine in your financial planning is […]
Pay Yourself First
Pay Yourself First It’s family before self for most Singaporeans, as this article in The Sunday Times, 29 October 2017 reported. Pay yourself FIRST. Whether you belong to the sandwiched generation or not. This is one of the key principles of personal finance and it has significant impact on your financial future. What does ‘pay […]
9 Tips for Smart Spending During the Holidays
9 Tips for Smart Spending During the Holidays It’s the year end holiday season once again! Time for celebrations and gifting friends and family. Before the joy of giving turns into a financially stressful situation for you, why not invest a little time to plan your spending? Having that clarity will allow you to make […]
Can InsurTech Replace Financial Advisers?
Can InsurTech Replace Financial Advisors? The article “The Incumbent vs the Disruptor: How Much Has Changed?” published in the Asian Insurance Review dated September 2017 was an interesting read. It explores the idea of whether InsurTechs will replace face to face selling. Based on the current offerings by InsurTech platforms in the insurance industry, Mr […]
9 Ways To Tackle Inflation
9 Ways To Tackle Inflation Though the statistics for November 2017 Consumer Price Index reports inflation at less than 2% (source: Singapore Department of Statistics), inflation is here to stay and it has a direct impact on our purchasing power and hence, our current and future lifestyle. Singaporeans who are uncomfortable taking financial risks and […]
A Lasting Power of Attorney Can Save Much Agony
A Lasting Power of Attorney Can Save Much Agony Wealth distribution (Estate Planning) is an important component of comprehensive financial planning. The intentions of how one’s assets are to be distributed are captured in legal structures like Wills and Trusts. In addition, I would advise clients to consider putting in place a Lasting Power of […]