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Money Matters

The Impact Of Current Inflation On Your Future Lifestyle

August 23, 2008 By Dexter Chan Leave a Comment

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. […]

Filed Under: Money Matters Tagged With: Endowment Plan, Inflation, Investme, Pay Yourself First, Power of Money

Do You Want To Know What’s Your Money Worth in Twenty Years Time?

June 26, 2008 By Dexter Chan 2 Comments

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 […]

Filed Under: Money Matters Tagged With: Compounding Effect, CPF, Interest Rate

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Disclaimer:

All postings are personal views and opinions of Dexter Chan and meant solely for educational or informational purposes and not to be taken as formal advice.

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