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Question: As a parent, I would like to pick your brain on your ways of educating children on managing their finances mindfully. I would also appreciate any parenting tips you could share, [...]

Question: “Financial independence sounds like a distant dream for those earning less than the average (around $2,000 per month). For someone with no aptitude or ability to pick stocks, [...]

This is such a genuine question, but a question that is difficult to answer. But let me try. Stopping the lifestyle creep requires strong conviction, a disciplined lifestyle, and a supportive [...]

In my 20s: Invest in an Exchange-Traded Funds (ETFs) that tracks the index such as the S&P500 index or the MSCI AC World Index. Invest regularly and stay invested. But do note that investing [...]

One of the biggest assets on entrepreneurs’ personal balance sheets is their business. Yet, I have observed that many do not integrate it with their own personal wealth planning, depending solely [...]

Welcome to the FIRST episode of Providend’s Money Wisdom Podcast Season 3! For this season, we are doing things a little differently in our sharing of money wisdom with you. We will be [...]

To conclude this book, I would like to first share the results of a survey and summarise what we have covered.  A survey was done in 2010 to understand the retirement journey of individuals (The [...]

So far, I have shared how we can use our proprietary tool, RetireWell™, to give our clients, Richard and Eva, a reliable income stream throughout their retirement.  However, retirement [...]

Once we have used the RetireWell™ tool and decided on the distribution of a retiree’s assets and the asset allocation for each portfolio, then we need to execute the investments well by [...]

Living a Good Life: Choosing the Right Path Over the Easy Path “A lot of people have thought about happiness and what it means to have a good life, and I would subscribe to this: We only [...]

The content of the last two chapters should be encouraging for any investor or retiree. If we invest in a broad, market-based portfolio in the right allocation, and stay invested for an adequate [...]

Living a Good Life: Taking the ‘Shortcut’ to Filmmaking and Creativity “It’s not about the ability to retire but also how we utilise the time while we are on this planet. In the last [...]

Once we understand that reliable investing is about capturing returns from the market rather than trying to outsmart all the other market participants, it becomes natural to then ask: Why do [...]

Now that we have secured a portion of the retirees’ desired income using the RetireWell™ Income Bucket, let us look at how we can invest the rest of their money in the other buckets to [...]

One of the key features of the RetireWell™ planning methodology is to have a portion of assets set aside with the aim of producing a fixed and constant stream of income, rain or shine. [...]

The mechanisms we discussed in the previous chapter are especially important because one of the key success factors to reach the financial aspects of our retirement goals is the ability to [...]

When it comes to retirement planning, it is important to consider two phases: accumulation and withdrawal. However, our experience has shown that more emphasis is often placed on the accumulation [...]

Living a Good Life: Lessons from Travelling 50 Countries on $3,000 “Some of the guesthouses are closed due to the pandemic, so I had to pitch a tent along the road to stay a night.” [...]

“When I was much younger, we used to stay at a much bigger place. We had two cars and two maids, then subsequently, we just had one car, no more maid, downsized a little bit and went to rent [...]

For the past 22 years, our CEO, Christopher Tan, has always been at the front line to share more about the humble beginning of Providend and how we persevered despite all the hardships faced to [...]

In the past 3 years, many studies on the value of advice have emerged. Fund managers like Russell Investments and Vanguard, as well as professional associations like CFA Institute and Financial [...]

20 years ago, I wrote an article in this same column about the different ways financial institutions are compensated and their implications for consumers. Suffice to say, the industry, which is [...]

In the recent 3 years, we have witnessed a rise in the number of people coming to us for end-of-life, legacy, and estate planning. Perhaps they were reminded that death can happen suddenly, [...]

Living a Good Life: Courage, Style, and Entrepreneurship After 60 In this episode, we are delighted to be joined by the lovely Ms Ong Bee Yan, who shares how she blossomed from a shy young woman [...]

4 years ago in 2019, The Woke Salaryman was set up with the intention of helping Singaporeans make better financial and life choices through education. In this episode, our CEO, Christopher Tan, [...]

Here comes the FIRST episode of Providend’s Money Wisdom Podcast Season 2! In this episode, you will get to know more about your new co-host – Isaac Ong, as he shares what he does as an [...]

Living a Good Life: Steering Life’s Transitions with Purpose “At some point in time, we see the higher purpose of why we are doing certain things.” This reflection sets the tone for [...]

Whether you are accumulating towards retirement or spending in your retirement years, having your investments reach their planned returns is crucial in ensuring you achieve your goals. When it [...]

“Focusing on the correct side of your money equation will help you not only be financially successful, but also help you finish well in life.” In this episode, I will elaborate both sides of the [...]

Recently, someone on my Facebook asked me to use 1-3 words to describe how the start of 2023 has been for me so far. I posted “Ctrl-Alt-Del” (Control, Alternate and Delete). What do I mean? To [...]