Home Money Savvy

Money Savvy

It is necessary and needless to say that money management is an important affair you need to be on top of every month. Money Savvy shares serious budgeting plans you can adopt to better align yourself with your financial goals! Money is a key tool in life and is crucial for survival. As a matter of fact, basic essentials for living such as food and water has to be bought by money. That is why we as adults, know clearly about the importance of financial literacy. With figures showing the ever-increasing debt level in the form of loans for education, credit cards, housing and retirement around the world, the need for our children to be finically astute is more pressing than ever. The ability to handle money intelligently and responsibly is essential for our children’s future. Yet, ironically, we don’t see personal finance classes offered readily in schools to prepare our children for the harsh reality. So, where does the responsibility of learning one of the most vital life skill falls on? You, parents. Achieving financial literacy is not a one off thing that happens overnight. Instead, it is a set of habits that need to be cultivated with time, patience, experiences and mistakes. It is our job as parents to guide them and give them the necessary advice and lessons for them to succeed in the real world. Knowing that my children will enjoy financial independence and free from carrying the burden of debt is a huge relief. That to me, is why I strongly encourage starting financial literacy from young!

In principle, budgeting sounds fairly easy. You start with your income, keep track of your expenses, and set aside savings toward your goals. Simple, right? Unfortunately, it’s easier said than done. Budgeting requires two things that many people don’t...
Such a necessity yet foreign to many. You may have it but do you know what your insurance covers?
Last week we looked at the best online courses for women, in the area of personal finance. This week I’d like to focus on the best online courses for women entrepreneurs. And I believe we can all learn something...
A business and marketing strategist, psychologist, and TEDx speaker, it comes as no surprise that Yasmine Khater was named one of Cosmopolitan Magazine’s “Fun Fearless Females” and won the “World of Difference Award” from the International Alliance of Women. Given...
So you’re at a place in your life wherein you’re pretty sure you’re ready to make your first investment. This is wonderful, since investing is something I would encourage every woman to do in order to grow her money....
More often than not, we make the mistake of lumping our savings together which in turn clouds our judgement when evaluating our financial statements. Here is a summary of the two types of savings that ought to be differentiated and...
The New Savvy was founded with the mission of empowering 100 million women to achieve financial happiness. Our team consists of women, to each their own, dedicated to contributing what they can, to achieve our common goal. From all across...
She may be the youngest of the #SavvyUpTogether participants… but don’t let that fool you. Samantha, who recently completed her Master of Science (MSc) in Organisational and Business Psychology from University of Liverpool, is the Director of Hock Chuan...
More and more people are choosing the single life (or single-blessedness) these days. And why not? For many, being single today is a symbol of freedom and allows them to pursue their passions with undivided focus. In Singapore, 30.9 per...
The best way to go about managing your finances as a couple is by being clear and transparent.
48,328FansLike
9,022FollowersFollow

Recent Posts