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Financial New Year Resolutions

Happy New Year! Now that it is the start of a new year, have you come up with resolutions? 9 out of 10 people drop out of their fitness classes by February because they made a resolution which they could not continue. Perhaps they wanted to lose weight, or they wanted to go to the [...]

Popularity: 5% [?]

Being Insured For Health

What health insurance do you have? Do you have enough money in your Medisave, and Medishield and other forms? Today’s papers talked about some Aids sufferers having their Medisave wiped out from the monthly bills they spend on medicine. While this is currently not a problem in Singapore, there are other chronic illnesses that may [...]

Popularity: 6% [?]

Master Your Money Type

How much money do you expect to have in five years time?
I posed this question to a few people, and the answers ranged for nothing, to one million dollars in recurring income in a month. How are they going to survive if they even have a single cent? Such a big gap in the answers [...]

Popularity: 6% [?]

9 Out Of 10 Bald Men

Facebook’s owners are multi-millionaires, and if Facebook ever becomes a listed company, the owners are going to be billionaires. The founder is only 23 years old.
Yahoo founders were also young when they first started out.
A popular saying is that out of ten bald men, nine are wealthy. Since I’ve come across many rich people, all [...]

Popularity: 7% [?]

Does Being An Elite Student Mean Elite Income?

Once again, looking at the income benchmark is a humbling experience. Yeah, I agree with the author of Salary.sg about the arrogance I had when I was a student, simply because I was in the Top 10% of my cohort, taking Higher Chinese and German as a Third Language, and thought that I was really [...]

Popularity: 6% [?]

My First Interview As A Blogger

I received my first interview as a blogger yesterday.  I shared something about my goals, visions, and some random funny/ controversial things you don’t know about me.
I think I ought to embark on my own series of interviews for this blog. This is something that I have thought about before, but haven’t planned yet.
Here’s a [...]

Popularity: 4% [?]

The Secret to Becoming Rich

I’ve bought the first book: Your Magic Power to be Rich! and I’m starting to read it. I’ll share about what I’ve read soon. You may purchase the books from amazon.com or your local bookstores. Meanwhile, take a look at what Elise Fisher has to say about The Secret to Becoming Rich.
The Secret to Becoming [...]

Popularity: 7% [?]

Hefty Brokerage Charges

Brokerage Charges are so hefty for small time investors! My first trades were conducted last week, and due to my small investment, I had to pay a minimum sum of $25 per trade, instead of a small percentage. I bought two stocks, which meant that I had to pay $50. As one of the stocks [...]

Popularity: 4% [?]

Resistance to Investing

Recently, my company got someone down during one of our meetings to talk about saving and loans programme at a co-op. The rates are better than banks. Many people quite keen to sign up for the savings and fixed deposits. To them, earning 2% was a fantastic rate. However, there are other ways of growing [...]

Popularity: 11% [?]

About

I have always been interested in wealth creation and management. Whatever I write in this blog is based on my own research, experience and reading. My goal is to educate young Singaporeans the various tools they have to invest their money and to make money work for them. I would like to encourage people to [...]

Popularity: 1% [?]


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