54 ways to save and get savvy with your money

ST ILLUSTRATION: CEL GULAPA

As Singapore celebrates its 54th birthday, Invest editor Lorna Tan highlights 54 top money tips covering a wide range of areas – from saving, insurance and investing to legacy planning and consumer protection.

1. FINANCIAL VISION
Start with an end in mind. Do you need to plan for your first home, children’s education and retirement? How do you reconcile the concepts of “you only live once (Yolo)” and “financial independence, retire early (Fire)”?

2. FINANCIAL PLAN
It details how you want to protect, accumulate, preserve and distribute your resources to help you achieve your objectives. Without a plan, you are planning to fail.

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A version of this article appeared in the print edition of The Sunday Times on August 11, 2019, with the headline '54 ways to save and get savvy with your money'. Print Edition | Subscribe