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Posts in category: Financial Matters

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Maximizing Your Salary Increment for Long-Term Financial Health

June 14, 2024
by Sg-financialadvice Financial Matters

With nearly one-third of employers in Singapore planning to increase wages in the first quarter of 2024, as reported by the Ministry of Manpower (MOM), employees have reason to be optimistic about their financial prospects. According to Mercer's Total Rem ...

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Top 7 Free Budgeting Apps to Master Your Finances in 2024

June 7, 2024
by Sg-financialadvice Financial Matters

Managing personal finances can be daunting, but budgeting apps simplify the process, helping you track spending, set financial goals, and manage expenses efficiently. In 2024, several free budgeting apps stand out for their user-friendly interfaces and po ...

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A Guide to Financial Milestones: Saving Strategies for Every Stage

May 31, 2024
by Sg-financialadvice Financial Matters

Saving money is a fundamental aspect of financial well-being, and setting aside funds for various life milestones is crucial for achieving long-term goals. Whether you're saving for a down payment on a house, planning for retirement, or aiming for a dream ...

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A Comprehensive Guide to Setting Realistic Financial Goals Across Different Life Stages

May 3, 2024
by Sg-financialadvice Financial Matters

As individuals progress through various stages of life, their financial goals naturally evolve. From the carefree days of youth to the responsibilities of adulthood and eventual retirement planning, each decade brings unique financial challenges and oppor ...

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Navigating Financial Planning for Small Businesses: A Crucial Step Towards Long-Term Success

April 12, 2024
by Sg-financialadvice Financial Matters

In the dynamic landscape of entrepreneurship, financial planning stands as a cornerstone for the success and sustainability of any small business. While passion, innovation, and hard work drive the entrepreneurial spirit, without sound financial managemen ...

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Purchasing Your First Home: A Simple Guide

March 22, 2024
by Sg-financialadvice Financial Matters

Purchasing your first home is a monumental step that marks a significant milestone in your life. It's a decision that involves not just finding the right property but also managing your finances wisely.It signifies not only a personal achievement but also ...

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Safeguarding Your Retirement Savings During Recessions

February 23, 2024
by Sg-financialadvice Financial Matters

The last few years have seen us work hard and diligently save for a comfortable retirement. Things seemed right on track and then - a recession hit out of nowhere. Despite a brighter forecast for this year, the evolving pandemic situation still casts a sh ...

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Should You Buy Now, Pay Later? Evaluating the Pros and Cons of BNPL Schemes

January 26, 2024
by Sg-financialadvice Financial Matters

Buy Now, Pay Later (BNPL) has become a popular method of payment, allowing consumers to make purchases and pay in instalments without incurring interest charges. However, this seemingly convenient option comes with both advantages and disadvantages. This ...

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Setting and Achieving Financial Goals in 2024: A Blueprint for Success

December 29, 2023
by Sg-financialadvice Financial Matters

As we step into the new year, it's an opportune time to reflect on our financial journey and set ambitious yet achievable goals for the upcoming year. Whether you're aiming to build an emergency fund, pay off debts, invest for the future, or achieve other ...

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Embrace the Season of Giving with Financial Awareness!

December 22, 2023
by Sg-financialadvice Financial Matters

As the season of giving unfolds, the excitement of holiday shopping for loved ones and treating ourselves to a few indulgences is undeniable. Yet, amidst the festive cheer, it's crucial to be attuned to potential financial red flags. The joy of generosity ...

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