Category Financial Literacy

One of the favourite insurance plans agents like to introduce or convince people to buy is that of a savings plan or an Investment-Linked Plan (ILP). Savings plan, is like what its name suggested – a savings plan but with…

There are many types of insurances on the market, but today we will only talk about the common ones we may wish to consider and my opinion of them. Life Insurances Life insurances are basically buying on your own death.…

Insurances, something which many bought and something which many do not care about. There are those who swear by it and those who said they are a scam. Especially in countries where there are no welfare benefits, insurances become more…

Many people does not realise it, but taking care of parents is a practical issue for most of us in terms of financial commitment. If all things goes as normal, ie your parents take decent care of you and supported…

Recently I heard of a friend who lost his job, then tried to start a business and failed. I do not know much about what he is doing now (afterall people tend to keep these kind of non-glamourous things quiet)…

I am not familiar with the fine arts scene but I know all along there is something shady going on with buying a whole piece of blue painting for tens of millions. But my knowledge went as far as knowing…

Buying a house is one of the major 3 spending of young couples – the first being the wedding ceremony, the second being buying a house and thirdly, having children. We have explored the topic of spending lavishly on weddings…

Note: This topic is about discouraging spending lavishly on wedding celebrations, not discouraging having a decent wedding.  Wedding celebrations, to many first time grooms and brides, is a once in a lifetime event which they wanted to be memorable. The…

The Practicality of Owning A Car In Countries With Extensive Transport Network While the cars present some form of convenience, during peak hours in those busy cities, the jam is such that often times taking a train is faster. Furthermore…

Owning a car seems to be a natural thing to do once your basic needs are fulfilled. In fact, car ownership is often tied with social status. More than once I have a few subordinates at work who asked me…

Every month, we get our salary and tell ourselves we will need to save up. Yet at the end of every month, we realise that we have not saved as much as we would like, if we even managed to…