Anonymous
Single and in mid-30s. able to save a few hundred but have difficulties making big monetary decisions and not sure how to start on long term financial planning... appreciate any suggestions!
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tze
20 Jun 2022
Application Specialist at BOI
Track your monthly expenses, then split your monthly income into 50-30-20 rule. Meaning 50% for needs, 30% for like and 20% for retirement.
But before going for investment, you need to ensure yourself is cover with medical plan / hospitalization plan.
Just in case (touch wood), if hospitalized, at least got insurance cover you and you dont need to poke a hole in your wallet
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I started reading up on planner bee’s finance 101 blogs when i first started, they give a very systematic guided approach to financial planning that i think is rly good!! they also have some rly good comparison guides for insurance and investing (eg. these ones on robo-advisors and trading platforms) that helped me when i first started out with investing :)
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Kevin
16 Jun 2022
Mechanical Engineering at Nanyang Technological University
I started right here at Seedly. Look through the 'Life Stages' blog posts, they hold really helpful information for anyone willing to learn.
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Tan Wee Minn
16 Jun 2022
Chemical and Biomolecular Engineering at NTU
Maybe consider engaging the service of a good financial planner? While we may associate them with se...
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The first thing is always to do lots of reading.
Many financial blog out there that teaches the basics of financial planning.
The very first blog that got me into this is investmentmoats.