Most People With $1 Million Don't Consider Themselves Wealthy
Can you believe it?
https://www.fool.com/retirement/2019/07/22/most-people-with-1-million-dont-consider-themselve.aspx
Can you believe it?
https://www.fool.com/retirement/2019/07/22/most-people-with-1-million-dont-consider-themselve.aspx
The Motley Fool
Most People With $1 Million Don't Consider Themselves Wealthy
Can you believe it?
Family Inc: 8 Weaknesses of Conventional Family Asset Allocation
https://investmentmoats.com/money/family-inc-weaknesses-asset-allocation/
https://investmentmoats.com/money/family-inc-weaknesses-asset-allocation/
Investment Moats
Family Inc: 8 Weaknesses of Conventional Family Asset Allocation
If you have read some finance books, you would be acquainted with the traditional asset allocation. The traditional asset allocation model typically explains the different kind of assets. They are typically stocks, bonds, cash. The
So you want to eat out but still have money at the end of the month
https://link.medium.com/3akcUlFSxY
https://link.medium.com/3akcUlFSxY
Medium
So you want to eat out but still have money at the end of the month
Set an eating out budget
More about how dollar-cost averaging can significantly improve your investment returns https://www.nerdwallet.com/blog/investing/dollar-cost-averaging-2/
NerdWallet
What Is Dollar-Cost Averaging and When To Use It? - NerdWallet
Dollar-cost averaging is the strategy of spreading out your stock or fund purchases, buying at regular intervals and in roughly equal amounts. Learn more.
How much of your paycheck should you save? While there’s a guideline, you should aim for a higher percentage if you are not supporting anyone financially.
https://dollarsandsense.sg/grow-your-career-how-much-is-enough-5-singaporean-share-how-much-they-save-from-their-paycheck/
https://dollarsandsense.sg/grow-your-career-how-much-is-enough-5-singaporean-share-how-much-they-save-from-their-paycheck/
DollarsAndSense.sg
How Much Is Enough? 5 Singaporeans Share How Much They Save From Their Paycheck
The 50-30-20 rule is a good starting point to help you figure out how to manage your monthly budget, with at least 20% allocation to savings.
Read more about the Singapore savings bonds, August 2019’s SSB bonds yield an interest rate of 2.01%/yr over 10 years. https://investmentmoats.com/saving-and-investing-my-money/singapore-savings-bonds-ssb-august-2019/
Investment Moats
Singapore Savings Bonds SSB August 2019 Issue Yields 2.01% for 10 Year and 1.68% for 1 Year
Here is a higher yielding, safe way to save your money that you have no idea when you will need to use it, or your emergency fund. The August 2019’s SSB bonds yield an interest rate
Signs of recession nearing
https://www.nytimes.com/2019/07/28/business/economy/economy-recession.html
https://www.nytimes.com/2019/07/28/business/economy/economy-recession.html
NY Times
A Recession Is Coming (Eventually). Here’s Where You’ll See It First. (Published 2019)
Economists don’t know when the decade-long expansion, now the longest in American history, will end. But here are the indicators they will be watching to figure it out.
By 2030, there’ll only be 2.4 working-age residents to support each resident aged 65 and above in singapore
https://www.areyouready.sg/YourInfoHub/Pages/Views-What-you-should-know-about-ageing-in-Singapore-InTouch.aspx?utm_source=edm&utm_medium=email&utm_campaign=intouch
https://www.areyouready.sg/YourInfoHub/Pages/Views-What-you-should-know-about-ageing-in-Singapore-InTouch.aspx?utm_source=edm&utm_medium=email&utm_campaign=intouch
www.areyouready.sg
What you should know about ageing in Singapore
Understand your rights as a shareholder and the structure of the company before buying these stocks. https://www.drwealth.com/alibabas-potential-listing-in-hkex-what-does-it-mean-for-investors/
Drwealth
Alibaba’s Potential Listing in HKEX: What Does It Mean for Investors?
Have you ever bought clothing during the 11.11 Taobao Sales? Or have you heard the
Start with small changes to grow your 💰💰💰 , let us know if these tips! https://www.plannerbee.co/learn-personal-finance/4-habits-that-help-your-bank-balance-to-grow
Planner Bee
5 Habits That Help Your Bank Balance to Grow - Planner Bee
Some habits you can start implementing now to help you save better.
The 1.5 per cent drop in Chinese currency so far this week has dragged 10 regional currencies lower.
Is China’s ‘currency manipulator’ tag the start of a global recession, currency war? https://www.scmp.com/economy/china-economy/article/3022017/us-treasury-calls-china-currency-manipulator-start-global
Is China’s ‘currency manipulator’ tag the start of a global recession, currency war? https://www.scmp.com/economy/china-economy/article/3022017/us-treasury-calls-china-currency-manipulator-start-global
South China Morning Post
The US Treasury calls China a ‘currency manipulator’. Is this the start of a global currency war?
The yuan has fallen 1.5 per cent this week since China allowed the currency to weakened beyond 7 to the dollar.
Have you ever felt that your job opportunities were limited as a female? https://cnalifestyle.channelnewsasia.com/dining/female-chefs-discrimination-kitchen-11807304?cid=internal_app-web-view_app_15082019_channelnewsasia
CNA Lifestyle
How a Singaporean female chef is taking a stand against gender discrimination in the kitchen
Women are still a minority in the hyper-masculine world of F&B kitchens. But The Black Swan’s Alysia Chan and others are holding their ground against aggression, wage inequality and sexual harassment.
Buying cheap but low quality items doesn’t mean you’re being wise with money, read more for more money saving lifestyle tips .https://www.plannerbee.co/learn-personal-finance/4-habits-preventing-you-from-saving-without-you-realising
Planner Bee
4 Habits Preventing You From Saving Without You Realising — Planner Bee
Stop those shopping email subscriptions, and how your daily cuppa is costing you.
Summary of the 2019 National Day Rally. Retirement age and CPF contribution to increase, more pre-school and tertiary school subsidies and how climate changes will affect different parts of Singapore. https://investmentmoats.com/money/national-day-rally-2019-notes/
Investment Moats
The National Day Rally 2019 Notes (Unfiltered Version)
This used to be a hobby. If you feel like writing then you write. If you feel strongly enough, you write. It hit me especially hard when I was about to watch Dr Stone. "Kyith,
How much longer before you can retire?
https://investmentmoats.com/financial-independence/financial-independence-possible-singapore-retire-early-data/
https://investmentmoats.com/financial-independence/financial-independence-possible-singapore-retire-early-data/
Investment Moats
Singaporeans may achieve Financial Independence but Not Retire Early
The department of Singapore statistics published the Household Expenditure Survey 2017/18. The department published the results every 5 years. And so we have the figures to compare against the expenditure figures published in 2012/13. That
When you spend overseas with a Singapore bank-issued debit card, you’re subjected to foreign transaction fees which you may not know about.
https://www.you.co/en-SG/blog/debit-card-overseas-foreign-transaction-fees-comparison-guide/?utm_source=YouTrip+Newsletter&utm_campaign=e32433b72f-EMAIL_CAMPAIGN_2019_08_06_06_25_COPY_01&utm_medium=email&utm_term=0_79f1e4a5d1-e32433b72f-243493061
https://www.you.co/en-SG/blog/debit-card-overseas-foreign-transaction-fees-comparison-guide/?utm_source=YouTrip+Newsletter&utm_campaign=e32433b72f-EMAIL_CAMPAIGN_2019_08_06_06_25_COPY_01&utm_medium=email&utm_term=0_79f1e4a5d1-e32433b72f-243493061
YouTrip
Debit Card Overseas Transaction Fees: Comparison Guide – Blog – YouTrip
When you spend overseas with a Singapore bank-issued debit card, you're subjected to foreign transaction fees which you may or may not know about.
Did you know you could sell your endowment policies? Though this is a sponsored ad, it lines out many basic things you could consider before selling or buying a resale endowment plan.
https://investmentmoats.com/money/reps-holdings-resale-endowments-what-you-need-to-know/
https://investmentmoats.com/money/reps-holdings-resale-endowments-what-you-need-to-know/
Investment Moats
REPS Holding’s Resale Endowments: What You Need to Know
Resale endowment policy is not something new. However, in the realm of wealth building, it may be less talked about. And therefore, a lot of investors may not be aware about it. The concept from
The true cost of loans
https://www.moneysense.gov.sg/articles/2018/11/costs-of-borrowing-flat-rate-monthly-rest-and-effective-interest-rate
https://www.moneysense.gov.sg/articles/2018/11/costs-of-borrowing-flat-rate-monthly-rest-and-effective-interest-rate
MoneySense
Costs of borrowing: flat rate, monthly rest and effective interest rate
Look beyond the advertised interest rate. Learn about different types of loans and what factors affect how much interest you'll end up paying.
Changes to definitions of critical illness from 26th Aug 2020 (Singapore) https://www.straitstimes.com/singapore/health/life-insurers-to-change-definitions-of-critical-illnesses