A very common assumption among people is that retirement is equivalent to being debt free. All your credit cards have zero balances, your home mortgage… Read More »Scale Back Your Debts Before You Retire – Don’t Let Debts Mar Your Golden Years
It’s the time of the year again where you and I recall what we have done wrong, what we have done well and what we… Read More »Welcome The Year 2013 By Becoming Wealthier And Healthier
I was on Facebook surfing around when I saw this Interesting Poll Question done up by AIA Singapore FB Page and this was what’s been asked…
And seems like there is a good number of people who are concerned about having enough to spend or to last through their Retirement, followed by the concern to provide enough for their Family Members.
So is this a concern for you as well? And if it is… how do you go about planning for it?
I would like to share a few pointers that may help you to get started…
Read More »Is Lack of Adequate Income When You Retire A Concern For You As Well?
In just a few hours, we will be saying goodbye to Year 2011 and welcoming 2012… how are you, in the financial planning aspects?
If you are not too sure of your current state, here’s some general questions that you can ask yourself and it’s also a good reflection of what you need to focus on in the coming 2012…
Ask yourself:
– Did your savings grow, remain the same or shrink?
– How’s your investment portfolio?
– Do you feel more ready for your Retirement?
– In terms of any unforeseen circumstances – are you prepared?
– With the weather so unpredictable, are your precious assets well protected (or well-insured)?
– In terms of educating yourself in the area of finances, have you done so?
– Your health – is it well maintained?
If you feel that there’s a big shortfall in terms of your planning for any of the above mentioned, I will always say that it’s still not too late – if you sit down, set your mind and draft out some plans to really tackle them in 2012. Likewise, with the financial planning industry gearing up (the recent regulations being that Planners would need to take up more investment credentials to better advise for their clients – it’s a good time to arrange for a discussion with your Financial Planner!
– Unforgiving Economy
Read More »Are You Financially Planned In 2011 And Prepared For 2012?
Yeah! It’s the time of the year where people have already planned (and went) their holidays, made out a long list of items to buy (to pamper themselves or just anybody in mind) and collecting their well deserved bonus!
And in the usual Financial Planning sense – if you are one of those who are fond of spending away your bonuses (without even thinking and planning), here are a few tips that you may wish to consider to do so first before happily spending (or wasting) it away…
Note: the tips here are meant for your own good and really to help you with your future. Tips mentioned here are not in order of priority as well.
#1 Think Of Your Previous Purchases (Pampering)
Throughout the year, there have been many various types of sales events and the ease of buying things online has even became easier. If you have made your purchases during those times – it’s time to hold your expenses and think twice before spending your bonuses away. You may wish to consider saving a major bulk of it. If you find it hard to do so, just tell yourself you may get to spend a bit more from this saved amount in next year’s sales events.
Read More »It’s The Time Of The Year – Month For Holiday, Spending & Bonus
Have you heard about Tim Ferriss and his 4-Hour book series – The 4-Hour Workweek (this book is on better managing your life with the least efforts) and The 4-Hour Body (this book is on how to have a healthy body with the most effective methods)?
He has been one person that I have been following closely on areas of improving my lifestyle and because I have learned some much from him, I would like to share a little about him and his works in this blog post.
If you have not came across this person and his works but have been looking for means and ways to improve your life and your body, Tim Ferriss is one good person (and his works) to start learning from…
Most of us are overworked employees who are working hard (in our own desired ways) to make our money work harder so that we can have a sustainable lifestyle for now and for the future.
Though most people may be contented with this kind of lifestyle, some of us wish that we can find a way out… to escape the dreaded rat race, get to enjoy 5- or even 6- figure annual income without having to really work that hard for it or even just being able to live a joyous life and at the same time the luxury to work less…
It may seems that these wishes may be hard to come by… but Tim Ferriss has successfully done so and which you can read more on how he did it and what you can do about it in his 4-Hour Workweek book (highly recommended).
Read More »Work Towards A 4-Hour Lifestyle By Learning From Tim Ferriss
