by Yohana Alsagoff. Congratulations, it is a blessing that you are expecting a new baby BUT you are financially on the rock. Fret not, here is a guide for the new and seasoned parents to prepare before the baby’s arrival. #1. Review your current expenses List down your expenses and cut down unwanted spending like […]
Category Archives: Risk Management
31
Jan
Jan
When was the last time you did a thorough spring clean in your house? Perhaps just before any festive seasons, like the coming Lunar New Year. Clearing our clutter once a year gives you a sense of well-being, clarity and brings freshness into our homes. The same goes with our financial lives. We need to […]
28
Feb
Feb
Imagine if you had a time machine that allows you to travel back in time and travel back again to the future, what financial decisions would you change for the better? Surely, there would be useful lessons from the past. One observation from the past would obviously be how cheap everything used to be and […]
31
Jan
Jan
When you build a house, you need a good foundation to protect you from range of circumstances. Insurance protection does the same. It is the “foundation” of the plan. Do we protect what we have built for those we love? In financial planning, we divide risk management into several main areas: Property and Casualty Insurance, […]
30
Sep
Sep
Most people would not go on vacation without a map and a plan! Yet these very same people might travel through life without a financial plan that shows them exactly what they have to do, to get them to where they want to be! It is much easier to reach your destination, if you know […]
31
Jan
Jan
One of the stages in coping with stress or a crisis, is denial. It is a natural coping stance that we use to adjust to any stressful situation. However, if you remain in denial, you’re trying to shield the truth and mislead yourself by refusing to accept reality. Being in denial for too long can […]