I am shopping around for an insurance policy and was toying with the idea of buying an investment-linked policy (ILP).
ILPs has often been touted of being more flexible, having more investment choices and also potentially giving higher returns, if you hold it long enough, that is.
One of the first things we should be aware of [...]
Posted on December 08th, 2008 in All, Personal finance management
First of all, I do not claim that all my finances are under control. At certain times, it can get wild and it can get out of hand. What I have noticed though, is that as I become more aware of my financial situation, I begin to have a better control over it.
Some years ago, [...]
Posted on December 03rd, 2008 in All, Personal finance management
In this month’s Personal Money, there was an interesting article which asks the above question, especially when we near the end of the year and bonus is in view.
There were some ideas in there, among others:
1) Create an emergency fund – typically 3-6 months of your monthly expenses if you are employed.
This is something which [...]
