Month: August 2026
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How much should you save a month?
This is something that everyone asks. Let me share with you something that I don’t normally tell others. I’m not currently saving anything. I’m actually spending more than I’m making. It can seem very hard to save when this is your situation. I know, because it’s also something I’m struggling with. Here’s what I’m doing…
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National Day Rally 2026 – Singaporeans get up to $42,000 extra per child in support
PM Lawrence Wong has announced that parents will get nearly $70,000 in child support per child, regardless of birth order or number at the National Day Rally 2026. New SG Child Support Package from Age 0–17 Baby Gift CDA First Step CDA Matching MediSave Grant Child Credits Edusave PSEA Top-Up The components of the handouts…
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Investors lost $3.8 trillion to market timing – Morningstar Mind the Gap 2026
Morningstar’s Mind the Gap Report for 2026 found that investors’ timing of buying and selling of funds cost them 1.2% annualised return a year. That’s a 12% difference in total return. The funds involved held about $29.7 trillion, when they should have been worth $35 trillion. About $3.8 trillion of that difference was due to…
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A basic guide to financial planning
There is only one job of a financial plan. It is to make sure you have the money you need when you need it. And there are 4 simple steps to complete. Step 1: Spend less than you earn A financial plan cannot work if you don’t have money left over. For the plan to…
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The art of spending money
and the tragedy of not doing so. Masashi, 76, and Hisako, 74, are married. They retired with $350,000. They also have a pension of over $2000 per month. They were frugal and they saved for retirement. And they regret it. Morgan Housel writes about why they aren’t the only ones in The Art of Spending…
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A Singaporean retired at 35. What can we learn from him?
As I was writing another blog post, I saw that someone shared a CNA video. I was stunned. If you haven’t seen the video, you can watch it here: Colin Lau retired at 35. He has financial freedom. And he is not rich. How did he get here? Should we follow him? And what can…