Have you ever wondered “why the poor gets poorer, and the richer gets richer?” I have been pondering on this question for the last few days after going through some financial planning with some clients. Many of these clients, whom I have the privilege to do their financial planning, come from low to middle-income earners. […]
Money Matters
Do You Want To Know What’s Your Money Worth in Twenty Years Time?
If you have $5,000 today, do you want to know how much will this money have grown in 20 years time if you save in a Bank? One of the tools, that I have commonly used to illustrate the Power of Compounding Effects, is one that our CPF Board has provided. You can access this […]