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Can AI Replace a Human Adviser? Artificial intelligence (AI) tools like ChatGPT are increasingly capable of analysing financial data, generating reports, and answering complex questions in [...]

Legacy Insights is a new podcast series by Providend that explores what it truly takes to plan a meaningful and lasting legacy, beyond just writing a will, or engaging with a corporate trustee. [...]

Legacy Insights is a new podcast series by Providend that explores what it truly takes to plan a meaningful and lasting legacy, beyond just writing a will, or engaging with a corporate trustee. [...]

Legacy Insights is a new podcast series by Providend that explores what it truly takes to plan a meaningful and lasting legacy, beyond just writing a will, or engaging with a corporate trustee. [...]

Before starting the session with my parents, I found myself in a strangely unsettling position. Despite my experience guiding clients through difficult conversations about long-term care and [...]

“Yong Cheng, do you think I have enough money to spend for the rest of my life?”  This question came from a client of mine—a 70-year-old semi-retired doctor who has properties worth [...]

We often think that only the financial illiterate need wealth advice. However, in our own experience, it is not uncommon for financially savvy individuals to reach out to explore our services. We [...]

Recently, my wife and I enlisted the help of my colleagues, Chin Yu and Jin, to review our family’s wealth plan. As a wealth adviser myself, it is something I passionately do day in and day [...]

“Hi Claire’s mummy, what are you working as?” “Oh, I’m a stay-at-home mum.” It is not uncommon for my wife to have such conversations outside our daughter’s school or at the [...]

For most of us, we hold deep and fond memories of our childhood. Looking back, I miss my carefree childhood days where I have the freedom to play and not worry about making a living and paying [...]

My dearest children, As your father is writing this, Claire, you are a 3-year-old who has the special power to make your parents fume internally with your straight talk and the next moment, [...]

TLDR: You also need a solid plan and a certain level of social proof. This idea of mini retirement (or sabbatical year or career break) has been around for many years. A mini retirement is when [...]

A few months ago, I had the privilege to conduct an indoor gardening workshop for our Providend family. Since the start of the pandemic, with more time spent at home now, there is a growing [...]

Most people would be envious of your position, but is this unexpected gift causing you stress instead? It is certainly not an easy thing to deal with if you are the only one in your family [...]

In February 2020, my wife and I decided to take my mom and two-year old daughter on a road trip in Australia. After our own backbreaking campervan adventure in 2019, we had always wanted to [...]

Budgeting lies at the foundation of every financial plan. It doesn’t matter if you’re living paycheck to paycheck or earning six-figures a year, you need to know where your money is going if you [...]

In my last 2 parts, I shared the need to initiate a conversation with your other half and to take actions as soon as possible. In this final part, I hope to touch on the topic of children. After [...]

In the previous article, I shared that by starting the conversation about finances and retirement planning with your other half allows both of you to think about your desired current and future [...]

Somewhere in the middle of last year, I met up with a friend of mine. Over coffee, she lamented, “Hey, Yong Cheng, you know I have been wanting to speak to my husband about planning for our [...]

To all soon-to-be-parents, having a new addition to your family can be a wonderful yet nervous event. After nine months of preparation and anticipation, you are finally able to welcome your [...]

Does this describe you: You have worked for a number of years, your income is moving up and so is your income tax bill, and the last time you received your NOA (Notice of Assessment) from IRAS in [...]

Nothing wakes you up like an addition to the family. Bringing a life into the world, whether planned or not, really brings adulting to a whole new level. Just getting the idea to sit still in my [...]