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.

  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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