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MILESTONES: These are life changing events for women. Women need to know how to cope financially when their status changes due to marriage, divorce, raising children, death, and financial upsets like losing one’s job or bankruptcy. Protecting one’s own financial affairs and preparing for unexpected life events like unemployment, divorce and death means that women can also protect loved ones from financial demise.Marriage has an undeniable impact on a woman’s finances from Day One. This section on wedding costs and marriage advice for women has practical suggestions to get a marriage off on the right financial foot. There are legal considerations, including prenuptial agreements and power of attorney that affect a woman’s financial status. There are matters of joint accounts, taking on a spouse’s debt and forging common ground with a spouse on financial goals.Divorce is the section no newlywed ever think they need. However, marriage separation & divorce advice for women is an essential element of any savvy woman’s knowledge portfolio. Valuable in-depth topics focusing on the finances of divorce include: how to get suitable legal advice, understanding the ins and outs of custody issues, and preparing a financial battle plan in the case of separation and impending divorce or annulment.Children is a section sharing a wealth of knowledge and first-hand experiences. It is a unique kind of motherhood guide and advice on having children. The financial impact of becoming a mother can be huge. Think of pre-natal classes, aspects of pregnancy involving new purchases, delivering a baby, providing a child with the necessities of life, and cutting back on income during maternity leave. All this and more is addressed from the perspective of money management here at The New Savvy.Death has far-reaching tendrils in terms of financial effects. Death support, inheritance and legal advice are critical topics to be explored sooner rather than later. Considering the consequences of a loved one’s death requires a fundamental background in legal matters like wills, taxes and inheritance laws. This section also provides pragmatic advice and support for women on dealing with a death of someone close to them.Unemployment/Bankruptcy. Unemployment & bankruptcy advice for women is critical these days. In times of global financial uncertainty, it’s essential to be armed with the necessary legal knowledge that can ensure fair compensation in the event of job layoffs, redundancy or early retirement packages. In this section, there is also a wealth of valuable information on how to deal in money management terms with bankruptcy, a life event with the potential for extreme financial upheaval.

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With the way things are going right now, we hope that bankruptcy petitions in Hong Kong do not rise.In 2013, a Bloomberg article revealed that the number of bankruptcies in Hong Kong rose after a slower growth in the...
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It's no secret that weddings are becoming rapidly more expensive by the day in Singapore. However, there's no easy way of cutting down on your costs without compromising on the ceremony of your dreams. Sure, it might be cheaper to book...
When you are a working mother, one of the most important things you need to do is hire a nanny. You need someone you can trust enough to care for your children while you are out there taking care...
Life after divorce in Hong Kong, or anywhere for that matter, is not easy to survive - emotionally and financially. South China Morning Post reported that the divorce rate in Hong Kong shot up to 23,255 in 2012 from 2,062 in...
Thinking about inheritance laws? We understand how this can be a grim topic for you. When you are poised to receive an inheritance, it means you just lost someone who is dear to you.  But death is inevitable and...
Social egg freezing is perceived by a lot of women as some form of biological insurance. Technically referred to as elective oocyte freezing (EOF), this is a go-to option for some women. At least, those who choose to start...
What To Do After A Terminal Diagnosis In Hong Kong Being given a terminal diagnosis is one of the most devastating and depressing news that you can hear. Although death is a certainty for all of us, nobody wants to...
There is something about getting married that is both wonderful and exhilarating at the same time. Your wedding will be a day that you will remember for the rest of your life. Although it will technically be your day...
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