The agenda in any financial book is almost the same. The topics covered in this e-book:
- Protect yourself and your family first: insurance, look out for term insurance that give you protection and saving returns. I cancel my previous life & invest insurance, i find that it is best to separate investment from insurance. Together, they won't work to optimum.
- Manage your money flow: a useful budgeting spreadsheet is provided I've downloaded it and will use it for my new SG money tracking.
- Get yourself out of debt: I will try to settle my car loan earlier. But for my 0% interest student loan, may pay according to schedule.
- Start accumulating wealth
- Learn how to make more money
"If you are working at a job, you can earn more money in working more hours or getting a pay raise. Company bonus is really not reliable as it name suggest. "
Other ways to make more money:
1. Inherit from someone
2. Win lottery
3. Have your money earn more money for you
4. Buy or build a business or asset that can earn you money even if you are not there to run it
2. Win lottery
3. Have your money earn more money for you
4. Buy or build a business or asset that can earn you money even if you are not there to run it
In short, this e-book is very simple and basic, good for beginner and for revision. I like the free spreadsheet provided.