Ability to make money has always been top-of-mind for people across generations, but how many of us are able to manage money well? An unstable global job market over the last decade or so has forced Millennials and the younger Gen-Z to take a closer look at financial independence, literacy, and impact – for themselves and their children. Financial empowerment, which includes financial...Read More
Credits: Bill Watterson, Calvin and Hobbes
Control is but an illusion. For many of us who fear uncertainty, we try to prepare for all scenarios in life even though we know that’s impossible. Illness, retrenchment and accidents are all out of our control. We cannot avoid their occurrences, but can only be ready to respond when they occur. Being future ready ensures that, regardless...Read More
I come from a middle income family, graduated from an elite girls school, junior college and then a double degree from university. By society’s standards, I should be climbing the corporate ladder, working hard to earn big bucks. Being a non-conformist, I ended up only working full-time for 4 years before deciding that life was too short to be clocking hours at work for corporate...Read More
In our earlier article, we explored how a habit loop can be formed, and the impact it might have on our lives.
As William James, a famous psychologist, once said:
All our life, so far as it has definite form, is but a mass of habits
Achieving financial well-being is thus also about mastering our habits so that the good ones remain to make our lives more efficient while the bad ones are...Read More
As I read Charles Duhigg’s “The Power of Habit“, an “OH” moment occurred to me. Most of the actions I perform each day were not a product of my decision-making but a habit. Habits developed through choices that I make intentionally at the beginning, and then at some point as the brain looks for ways to save effort, becomes auto-pilot.
Duhigg puts it this...Read More
In my last week’s article, I wrote about what skills were necessary to survive in life. Looking back, I am not 100% certain that having the knowledge or being educated on these skills are sufficient. After all, it’s one thing to be book-smart, and another to be street-smart.
When I was in my mid 20s, I had friends asking me what they should do with their money....Read More
When I was 15, I questioned the benefits of learning binomial theorem and its application to my life. 2 decades later, this question still remains unanswered. Today, I am recognised as an adult legally and expected to be an adult. This “adulting” process has been challenging and while I respect that life cannot be as structured as a classroom, there were definitely some skills...Read More
It’s always exciting to be in the space of change! We grow everyday. As we journey with social workers on the ground, our perspective widens. Our initial work focusing on financial empowerment for youths gets many more layers of context as we hear more and more stories of the diverse circumstances of the youths. This helps us maintain relevancy of our program, and also challenges us...Read More