Me & My Money

'Steward of money' at home and at work

Finance executive puts her faith in bond funds and stocks, guided by prudence and careful monitoring

Head of fixed-income Singapore at UOB Asset Management, Ms Joyce Tan, 44, with her husband Eric Oh, 52, their two children Song Yang, 14, and Shi Yang, 12, and family pet Mi-Lo. Ms Tan says being the sole income earner of the family means she has to manag
Head of fixed-income Singapore at UOB Asset Management, Ms Joyce Tan, 44, with her husband Eric Oh, 52, their two children Song Yang, 14, and Shi Yang, 12, and family pet Mi-Lo. Ms Tan says being the sole income earner of the family means she has to manage her finances wisely and to make her money work harder.ST PHOTO: ZHANG XUAN

Finance industry executive Joyce Tan learnt an early lesson in money management the hard way when loan sharks splashed "O$P$" - it means owe money pay money - on a wall outside her parents' one-room HDB rental flat one morning.

She was a primary school pupil back then and had no clue what those letters meant, but she remembered the anxiety on her mother's face as she rushed to paint over the scrawls. Ms Tan's father, a renovation contractor, had borrowed money from loan sharks and had difficulty repaying the debt.

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A version of this article appeared in the print edition of The Sunday Times on September 16, 2018, with the headline ''Steward of money' at home and at work'. Subscribe