The way you spend money is a habit that you've cultivated for years. This is best seen from teaching your own children how and why to spend money. I remember I started teaching my daughter how to spend money when my daughter started her kindergarten. At the age of 5, she quickly knew that there... Continue Reading →
Personal Finance and Be Money smart! – Part III: Do you want one or do you need one?
Key takeaways: You my want to own many things, but you don't need all of them;Learn to distinguish the difference between wanting and needing;With this in mind, you know how to spend money;While you spend less, you have more to save and invest;In the long run, you have more! When my kids were small but... Continue Reading →
Personal Finance and Be Money smart! – Part II: Spend less
Key takeaways: Small savings add up big in the future;Human brain loves joy and the chemical coming with the joy;Analyse your past spending on Excel; you will be surprised!Cut subscription-based spending items will save you a lot;Prepare your healthy food and beverage is nicer and cheaper than buying them. If you buy two less take-away... Continue Reading →
Personal Finance and Be Money smart! – Part I: Get the fundamentals right
Key takeaways: Money is essential to everyone, so get to know money well;Personal finance is a long-term project, so start today;Get the financial fundamentals right;Time, again, is your best friend on the road of building your wealth. Before we start this series of blog posts, let me make one thing clear: My contents are based... Continue Reading →
Time is a powerful tool for your life- Part I: How powerful is the time factor?
Key takeaways: Time, if used wisely can be super powerful;Adding small pieces of time together, it becomes a big chunk of time;Use your time wisely, because everyone has 24 hours each day, no matter who you are. Time can be a very powerful tool, if you are aware of it and if you use your... Continue Reading →