For the first time in 20 years, we have to deal with high rates of inflation. Are you saving enough and earning a sufficient return to cope with inflation?
Here are some simple tips on how to deal with this matter. Read this FAQ:
http://www.tankinlian.com/articles/financial.html
How to save enough when many people are living from hand to mouth. How to earn enough when your increment is only 5-10% per annum.
ReplyDeleteOnly the privilege few who earn S$100,000 per month and get increment of 20% before inflation can do that.
Otherwise it is just pure academic.