One out of 10 Singaporean is a millionaire. Singapore is a rich country indeed.
Despite living in such a wealthy country, many people are still living paycheck-to-paycheck without proper financial planning. Many working adults are simply too busy with work that they have no time to take care of their own finances.
They only think about their finances at certain stages of life – marriage, having a child, purchasing property. Some only start to be concerned as they approach retirement age. At other times, they remain blissfully unaware of the need to plan.
Although Singapore has one of the lowest unemployment rates, one cannot assume that they will continue to remain employed forever. No one will ever care more about your money than yourself.
In this article, I share the top 7 questions that you need to ask yourself constantly in your financial planning journey.
1. Are you under-insured or ...
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