Personal Finance

Ask fML Advisers: What Are Your Opinions on Endowment Plans?

Usually marketed as a form of "forced savings", endowment plans are long-term plans designed to help you achieve a certain financial goal over a time period...
 

Ask fML Advisers: What Are Your Opinions On Critical Illness?

Critical illness insurance can be a lifesaver, since you are paid a lump sum if you are diagnosed with any of the 37 critical illnesses...
 

5 Common Questions on Critical Illness Insurance

Critical illness insurance is one of the most commonly discussed insurance plans. In short, the basic..
 

Prevent “buyer’s remorse” like this

Imagine you just bought a new TV. You take it home and excitedly unbox it and set it up...
 

6 money lessons I’m going to remember this year

Some of the best money lessons I learned didn't come from working for investment banks or managing a hedge fund… they came from my parents...
 

Credit Card for Different Stage in Life

Virtually everyone has a credit card these days. Some even have multiple cards to get the best mileage on the deals and promotions that these cards come loaded with...
 

Why Retirement Insurance can Ensure a Worry-Free Retirement for you

Singaporeans have the third highest life expectancy in the world, according to a 2017 World Health Organisation (WHO) ranking. ..
 

How To Grow Your Nest Against Future Healthcare Costs

Singapore’s public and private hospitals offer some of the world’s most exceptional healthcare services. The only drawback is the rising healthcare costs of about 8-9% each year. Other countries are embracing this upward trend due to the global inflation...
 

How Much Cash Should You Keep In The Bank?

You are a responsible adult living in the most expensive city in the world. With this in mind, how much money should you have in your savings account? This may sound like a basic financial query, but it is hard to extract a straight answer from it. Make things simple by aligning your goals with the volume of your savings...
 

6 Significant Reasons Why You Must Plan For Retirement Now

According to a recent survey by Nielsen, 1 in 3 working Singapore adults are not planning for retirement. This is alarming because many people have curated a list of “excuses” for not saving money. Rather than adding glistening fuel to the fire, this article will give you six good reasons why you must save for your future...
 

5 Steps In Building A Financial Plan

Generally speaking, a financial plan is a comprehensive evaluation of an individual’s current and future financial state. Crafting a financial plan involves using known variables to predict income, asset values, and withdrawal plans. Thus, you have to go through a series of steps to adjust your savings and spending habits...
 

You Don’t Have To Be Super-Smart To Get Rich

As a long-time financial reporter, I know plenty of millionaires who struck it rich through businesses they had started – yet despite their success, they were certainly not among the smartest people I knew...
 

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