Some people plod through life without a thought for financial planning. Whatever your financial objectives are, whether you want to go for a holiday or provide for your children’s education, it requires good financial planning. If you fail to plan, you are planning to fail. This series of articles provides you with insights into various aspects of financial planning.
Wherever you invest your money, the two factors that you should be most concerned about are security and growth. Secure, so that you would not lose your money or its value; and growth, so that your money would increase. Learn how to:
Wouldn’t it be wonderful if you could retire early and do the things you always wanted to do? With prudent financial planning, your retirement dreams could become a reality. You need to first consider the following factors:
number of years you have till retirement
your desired retirement income
calculating the inflation-adjusted retirement income
Saving for Your Retirement - Part 2
The second part finishes off by teaching you how to calculate the total funds needed and ending with how much you would need to save every year, in order to achieve your retirement savings goal and covers:
calculating the total funds needed at retirement
estimating the funds available at retirement
calculating the savings needed for your retirement.
Financial Literacy for Women
It is a fact that women live longer than men and they usually end up being poorer in retirement as they are less prepared. Women tend to earn less and invest less, which means they have less pension and retirement benefits. In this woman-to-woman talk you will learn:
While it has been said that a journey of a thousand miles begins with a single step, most people have yet to take their first step in financial planning. This article explores some basic concepts you have to grasp as you do your financial planning:
Risk is something that everyone is exposed to. As it cannot be eliminated, the trick is to manage it. Insurance can be used as a risk management instrument. This article explores:
Financial planning extends to what happens to your property and assets upon death. Otherwise, you will not only be burdened with grief, you will also be burdened with financial problems. This article discusses:
making a will and disposing property by will
succession and distribution of Muslim estates
testacy, intestacy and distribution of non-Muslim estates.
It has often been said that getting married is easy, after that the difficult part begins. The law provides for certain recourse for parties whose marriage has irretrievably broken down. This article covers the financial issues arising from:
judicial separation for non-Muslims
maintenance, distribution of property and harta sepencarian under Muslim divorce
maintenance and distribution of property under non-Muslim divorce.
This article provides tips for single-parent women on how to better manage their money for their future and their children’s. Click here to find out more.
Happy New Year! It is the new resolution time time for new resolutions again. However, do not forget to include financial resolutions in your list. Here are eight financial resolutions that you can follow.
Educating, motivating and empowering children to spend wisely from a young age help inculcate healthy financial habits. Here are six simple tips on how to do it.
Are you a smart investor? Can you rise above others and become that special breed of investors who are well informed, know their rights, protected against investment scams and set to achieve their financial goals.
