Personal Finance
Smart Reads of the Week: Good Financial Habits for Your Loved Ones
By The Smart Investor  •  August 28, 2021
Have you been sharing good financial habits with your loved ones and your kids? A recent article I read has some ideas to share. In a nutshell, parents were advised to speak to their kids about appreciating the value of money. It’s vitally important for children to understand that money is earned through considerable effort and that they should always spend within their means. By instilling these important tenets in them, they will grow up to become responsible adults with the financial discipline to build and grow their savings. But, why are savings so crucial in wealth-building? Simply put, if you don’t save, you can’t invest. Personal finance stands at the core of all successful investors, because if you do not squirrel away enough money every month, then you won’t have any to spare for investments. So, by teaching the next generation the importance of savings and the value of money, we can...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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