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Anonymous

02 Aug 2020

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What are the challenges you face when making financial decisions?

I find it overwhelming that I have so many places to look when making financial decision. E.g. getting a BTO need to see income, cpf, savings etc

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Hi! I think that it really helps when you decide on your financial goals? For example, big ticket item purchases in the future, or events such as children or a wedding. From there you will be able to map out how much you need at which age and hence the time lines for the financial decisions that you make. At least, that is what I think! Hope that helps in some way

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Risk/performance presumptions

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impulses to buy (keep calm)

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hesitance to diversify better (always tech centered, which is risky)

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