We are currently facing tough economic times. We get bombarded by overwhelming confirmation of rising debt and unemployment when flipping through the pages of newspapers, watching the news over television or listening to the news on radio every day. Governments all over the world are facing challenging times in their quest to address the country's economic problems. People are extending their retirements due to zero or insufficient savings. And more bad news seems to be added by the various media daily!
What can you do when confronted with such tough times? You can’t control what the world will become, but you certainly can control how you manage your finances. Hence, taking action to secure your financial future should become one of your top priorities in life. While money doesn’t grow on trees, it can certainly grow if you save and invest prudently. Saving and investing are keys to growing your wealth in order to ensure your future financial success.
1 Comment
Everyone experiences fear. At times, getting rid of fear can seem like an impossibility to many people. The story of David and Goliath in the Bible (1 Samuel 17) always come to mind when I’m confronted with fear and other troubles which seemed too big for me to overcome. A brief summary of the story of David and Goliath…
Singapore is known for being one of the most expensive places in the world to own a car. At the time of this writing, a new family car like a Toyota Corolla 1.8L would have set you back by S$165,000 (about US$132,000). If the price of a basic BMW 7 series cost nearly S$400,000 (about US$320,000), try guessing the price of a new sparkling Ferrari!
Even with such exorbitant prices, exotic cars such as Bentley, Lamborghini, Porsche or the more common ones like Audi, BMW, and Mercedes-Benz are plying Singapore roads daily. While many believe the car you drive reflects the level of success you have achieved, the reality is far from the truth! |
|