Personal Finance
Li Ka Shing Advice – SG Version
By Investment Stab  •  December 1, 2015
http://e27.co/li-ka-shing-teaches-buy-car-house-5-years-20150408/

There was an article in the past that went viral.
It talked about the advice given to young people by Hong Kong's richest man - Li Ka Shing.
In the article, he talked about splitting our pay into 5 parts, each for a different purpose

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30% - Living Expenses, paying for food etc
20% - Socially, paying of phone bill + creating connections
15% - Learning, buying of books or signing for courses/training
10% - Travelling, go overseas once a year to broaden your horizon
25% - Invest, SAVE to INVEST or start a Small Business

He used ...

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By Investment Stab
We are a group of Singaporean students who are curious and interested in Finance. As we dive deeper into this area in search of more knowledge, the more debates and differences we have. We also realised that financial literacy is not strongly inculcated in the younger generations, leading to numerous costly mistakes. Some of such includes believing in "high profiting" scams such as land banking and buying unnecessary investment schemes which are often motivated by the salesperson's personal interest ...
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