It’s already a few months into the new year, and many of us can already see our financial resolutions starting to fall by the wayside. This seems to happen every year, so why do we keep setting these financial goals? Financial goals can be extremely effective, depending on how people set and approach them. They […]
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, […]
31
Dec
Dec
Cash is King, so they say. True. But how do we make CASH KING? What are the simple fundamentals when it comes to dealing with cash? Here’s a simple way to teach us using the K.A.S.H. acronym. K-nowledge: Know where and when our money is coming from and going out to. It’s a task that’s […]
30
Nov
Nov
Have you ever denied yourself or a loved one of a branded outfit, an imported toy or expensive fine dining just because you think you shouldn’t be spending that kind of money? Are you still unsure if you can afford to upgrade your home or change your old junk to a better car? Financial freedom […]
31
Oct
Oct
For the average investor, unit trust is one of the common investment options used to meet their financial milestones. Check out these 5 key takeaways before you invest in unit trust: Do Your Homework: Make an effort to comprehend the fund factsheets before finalizing your selection. At the least, make time to understand the underlying […]
Estate Planning, Investment, Personal Finance, Retirement, Risk Management
Fail to Plan and Plan to Fail?
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
Aug
Aug
We have seen it before. Panic reactions when the market falls. And yet, despite the headlines proclaiming the next Great Depression, the recent Covid19 pandemic was no Great Depression. In reaction to such financial meltdowns, investors tend to panic and get out at all cost and realizing losses. They begin to behave in a herd-like […]
Estate Planning, Investment, Personal Finance, Risk Management
Do you have any skeletons in your financial closet?
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 […]
Personal Finance, Social
A Day At The Sky Mirror. A Time To Reflect On Your Personal Financial Life.
30
Nov
Nov
A Day At The Sky Mirror. A Time To Reflect On Your Personal Financial Life. What a ton of fun at the Sky Mirror in Kuala Selangor on the 12th of Oct 2019! An outing with the team, and celebrating one of our team member’s birthday. It was indeed a Success Concepts’ way of bonding […]