Managing Personal Risks

The biggest risk facing most young people is loss of jobs and debts; not critical illness or premature death.

It is important for young people to set aside savings, and to keep them in a flexible form, so that the savings can be withdrawn in an emergency. They should buy a property that is affordable, not more than 5 years of income.

They should avoid putting their savings in an inflexible life insurance policy that imposes a penalty for early withdrawals.

To avoid these risks, they should attend the talk on financial planning conducted by FISCA,
http://easyapps.sg/assn/Org/Event.aspx?id=5

Or read my book on financial planning
www.tankinlian.com/ishop