facebookWhere can someone start to learn tips about financial planning? - Seedly

Anonymous

15 Jun 2022

Retirement

Where can someone start to learn tips about financial planning?

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!

Discussion (9)

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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.

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

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 :)

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.

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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