The beginning of a new year provides a great opportunity for a fresh start and a chance to make new financial resolutions. Whatever stage of life you are in at the moment, be it in your 20s, when you are carving out your career and enjoying life or in your early 30s building your family while developing your career, or in your 40 -50s where things are stabilised at work and family and you are starting to plan for your retirement, here are 5 financial resolutions that can make a positive difference to your financial well being in the long run.
Recently there has been a lot of attention on medical and hospitalisation coverage, especially with the news of the health minister’s $8 heart bypass operation. Some people feel that he must have spent a lot on his insurance or have special back up plans to enjoy such comprehensive coverage.
On the contrary, the health minister’s coverage is in fact highly affordable to the average working singaporean and did not even involve any cash premiums!
How can average singaporeans enjoy comprehensive hospitalisation coverage without paying through the roof? What are the 3 key things you need to watch out for in your hospitalisation plans?
Wouldn’t that be great?
Having the freedom to choose whatever you want, to spend time with your family and loved ones, to travel to exotic places all over the world, to enjoy the lifestyle of your dreams or to pursue your interests… without worrying about the money or trying to find time off work commitments.
Yet to many people, wealth seems elusive and a distant “if only”
So what does it take to become wealthy, is it really that unattainable?
Actually the keys to wealth creation lies in 4 simple steps. These 4 steps may appear seemingly simple and so commonsensical that you may think “I know this already, what’s the big deal?”. Yet these are the very fundamental steps which are practised by the world’s wealthiest people and advocated in numerous personal finance and wealth management books.
So, what are the 4 keys?
Article from The New Paper on 31st Aug
Ms Theresa Tan was diagnosed with ductal carcinoma in-situ in her right breast and thought that she would be able to claim for the loss of income from her 3 critical illness policies which she has spent over $70k paying for over the years.
However when it came to the crunch, she discovered that her 3 policies could not be claimed as her condition did not fit the definition of cancer.. Continue reading