atans1

Gd advice for struggling S’poreans

In Financial competency, Financial planning on 06/05/2018 at 4:55 am

In fact for anyone who isn’t fithy rich.

“You need to use a different lens to look at this question of finances,” says Ken McKellar, partner at AGM Transitions, a consultancy, and former partner at Deloitte and EY. “Rather than thinking of how big an income you need, think of how small a cost you could get away with without major changes to your lifestyle. Be aggressive about the cost. We learnt that a lot of ‘fat’ had crept into our spending over the years, and I have heard the same from many others.”

He was talking in the context of retirement planning and living in retirement in the UK.

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  1. That’s how most billionaires run their businesses. Even Steve Jobs grudgingly had to adopt the religion after coming back to Apple. Except for Elon Musk.

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