Coping with cash flow woes amid Covid-19

Tapping govt relief schemes, tips to reduce debt explored at first askST@NLB virtual session

The Straits Times’ Invest editor Tan Ooi Boon (left) and Mr Alfred Chia, chief executive of financial advisory firm SingCapital, at an askST@NLB virtual session.
The Straits Times’ Invest editor Tan Ooi Boon (left) and Mr Alfred Chia, chief executive of financial advisory firm SingCapital, at an askST@NLB virtual session.ST PHOTO: KUA CHEE SIONG

No one will deliberately plan to fail, but the failure to do any planning can result in similarly bad or even worse outcomes.

That is the view of Mr Alfred Chia, chief executive of financial advisory firm SingCapital, who has encountered many people of late who find themselves short of money now because they neglected to plan during the good times before the Covid-19 pandemic hit.

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