Will Saving your Money Save you


Should you Save your Money

The most common advice given to anyone is to save money.

It’s so common that most never stop to think what are the implications of it.

In fact, it could be one of the worse advice given to anyone.

How can saving money be a bad advice? Read more of this post

When should we learn about Financial Literacy


Financial Literacy: When should we learn it

Financial Literacy

Financial Literacy

What is your view of money in general?

Some think that money is evil to a degree and some fully embrace it. Some just believe that as long as he or she can find work, it’s alright.

Fact is, regardless of what you think about money, it simply pays to be financially literate and the best time to learn it is now. Read more of this post

Would you rather pay for your own Hospitalization


How Medical Insurance plans help to pay for hospitalization

Ambulance

Emergency

A couple of months ago, I received a distraught call from the wife of one of my client. Her husband had chest pains and the ambulance is bringing him to the hospital.

It’s not the first time that I have received such a call. Most of the time, clients will call me first before they informed their relatives or love ones. Read more of this post

Wedding – Expense or Investment


A Wedding, an Expense or an Investment

It cost money to get married

$10,000 dowry

Last Sunday, I attended my wife’s cousin wedding. It was a typical Malay wedding affair. It was in a community centre and lasted the day.

There’s the food, the decor and whatever it takes for a typical Malay wedding.

All in all, I estimated that it costs about SGD$20,000 to SGD$25,000. Read more of this post

What’s Pelan Hayat


Pelan Hayat or Life Plan

Life Plan

Plan for Life

I started this blog or website somewhere at beginning of the 2011. The purpose of this website was to write about financial planning matters for everyday living.

Initially I decided to write it in Malay and it was tough. Even though I’m a Malay, I’m not literally conversant in the language. Read more of this post

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Aliran Tunai


Asas perancangan kewangan adalah aliran tunai anda.

Aliran tunai yang negatif boleh memusnahkan walaupun mempunyai aset. Sebuah syarikat boleh runtuh kerana masalah aliran tunai walaupun mereka mempunyai aset yang lebih dari liabiliti.

Untuk mengetahui apa aliran tunai, anda perlu menentukan aliran tunai masuk dan aliran tunai keluar. Read more of this post