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5 Money Habits You Need To Know If You Are Out Of Job Now

Published by Autumn on October 01, 2020 In this time of uncertainty, building good money habits is important to tide you through especially if your job has been disrupted. Here are 5 money habits you could develop. They are so simple but often overlooked! Tip 1: Plug your spending leaks and look for lost money Start by spring cleaning your finances to identify spending leaks. This can be as simple as going through your credit card statements to ensure you’re not paying for a service you don’t use anymore or that you’re not double-paying for a subscription. Could it

How To Start Investing With Zero Experience

Published by Autumn on November 16, 2020 Investment products have different features and risk characteristics. An important aspect of investing is understanding the product before you put your money in it. Some relevant questions you should ask, are: • What are the product’s benefits, risks, limitations and transaction costs? • Will the product complement, supplement or replace your existing investments? • Will the product be in line with your capacity to take on risk (risk appetite) and investment objective (returns)? • Will you become over exposed to a particular risk if your portfolio is not sufficiently diversified? Understanding the

6 Financial Tips To Ensure You Are The Last Sandwich Generation

Published by Autumn on September 29, 2020 There is a recent phenomenon known as the "Sandwich Generation", which refers to working adults who have to support both their parents and children. This in itself isn’t a unique situation, but economic challenges and shifting demographics have compounded the financial pressures for the current Sandwich Generation. Adequate retirement planning and budgeting are a must to ensure that you can take care of your own future and financial needs while continuing to juggle multiple priorities such as paying down housing loans, building education funds for your children and paying for medical bills

Why Average Investors Rarely Earn Average Returns From The Stock Market

Investing is important for you to grow your wealth towards a long-term goal. This can be for your young children’s education in one to two decades or your retirement in three to four decades. As an investor, you naturally want to earn as high a return as possible. However, you must understand that along with high returns comes high risk. This is why some people may prefer to seek out average returns, which can also be referred to as market returns. Investing to receive the average returns comes with lots of other benefits, such as being able to achieve

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