Top Financial Goals You Need To Have In Your 20s & 30s
Nielson has recently published a report titled Global Survey of Saving and Investment Strategies aimed at understanding how residents from all over the world view their current and future finance expenses. 35% of Singaporeans are reported to have expressed their pessimism in meeting their future financial goals. This is higher than the global aggregate of 28%. This pessimism may be alleviated if the goals are clearly defined and managed from as young as possible. With these, we have short-listed the top financial goals that Singaporeans should aim for. Short-term Gain control over every day expenses A wise saying teaches us the importance of mastering the little before being responsible with much. Similarly, the management of one’s own personal finances is crucial. Some of the pointers to look out for include budgeting for one’s day to day expenses to ensure that there are savings. Be debt-free A shift towards a knowledge-based economy would mean a higher proportion of t