Thinking of buying that sleak, sexy, saucy red car? Cheap COEs, cashbacks, lower interests and money sitting in the bank earning peanuts. Those sure are good reasons for the buy or are they?
(This is Cost #1 in the The Cost of your Life! series)
They say it never rains but pours. Such is the power of Murphy’s Law, and I absolutely guarantee that it will happen to you all at once. You get retrenched, lose your insurance policy you had with your company, and then right at this time a family member gets hospitalized and your invested assets fall to their lowest value so you can’t sell ‘em for cash.
(This is Tip #3 in the Surviving The Recession Financially series)
So the recession is here, and the banks have started to lay off staff. The boom days have come and gone, with us in its dust. The STI has fallen by about 50% from its all-time high. How do we best prepare ourselves for the days that follow? What are YOU doing?
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We'll not exist without them.
