I think personal stories keep things real. At the end of the day, I'm an average guy just like you. It's not just about words in a blog. It shows the challenges that I've faced as well, and perhaps it might be something that you can identify with. I started my working life in 2007 with a $20,000 debt. That's a lot of money, and I consider myself lucky enough to get an … [Read more...] about You Need A Budget?
Anything and everything about personal finance. Financial independence, retire early (FIRE) is a recurring topic plus budgeting and expense tracking, retirement plans i.e. CPF and increasing our net worth to supercharge our FIRE journey.
What is the most important asset class?Equities? (stocks)Fixed-income? (bonds)Cash equivalents? (money market instruments)Think again. What generates the capital that is used to purchase these asset classes?You!In Buy Term Insurance, and Invest the Rest, I mentioned my term insurance coverage which comes up to around $400,000 in total. Not the best case scenario yet, but it is … [Read more...] about The Most Important Asset Class
Do you believe in only buying Term Insurance, and investing the rest? Personally, I feel that Term Insurance alone isn't sufficient, but is definitely a must-have. With adequate coverage in Term Insurance, I'm able to sleep well knowing that in the event that something were to happen to me, my family would not have to endure any immediate financial hardship.Term Insurance … [Read more...] about Buy Term Insurance, And Invest The Rest?
Before investing, I firmly believe that one should have some protection in the form of insurance. No point in spending years accumulating $500,000 or $1,000,000 only to blow it all due to an unforeseen medical catastrophe. At the very least, you must have health insurance in the form of a private integrated shield plan for the enhanced (hospital and surgical) coverage. You … [Read more...] about Getting Protection Before Investing