30 with zero savings: 5 money habits I wish I knew when I was younger

  • 📰 asiaonecom
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 59%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

What did you imagine your life to be like at 30 years old? Well, I pictured mine to be one of relative luxury, with lots of travelling and a celebrity following as a famous rapper or celebrated author. As I hit the milestone in 2022, I made peace with the fact that my life didn’t exactly pan out that way....

What did you imagine your life to be like at 30 years old? Well, I pictured mine to be one of relative luxury, with lots of travelling and a celebrity following as a famous rapper or celebrated author. As I hit the milestone in 2022, I made peace with the fact that my life didn’t exactly pan out that way.that made it to local radio and even travelled regularly in my 20s.

I’m incorporating right now that I wished I learnt as an impressionable youth. Hopefully, they can also guide you in your financial journey as well.Maybe it’s the millennial in me. But my generation was the idiots who coined the term #YOLO . Oh man, we sure lived that lifestyle as if it was our motto. Thanks, Drake.

I mean, for a 20-year-old, I would say looking back that’s pretty sound advice. Insurance was such an alien concept to me as a young adult. But eventually, everyone needs to get at least a health insurance plan which comprises hospitalisation, accident and critical illness. Also, the biggest high-interest debt, such as credit card debt, can be difficult to pay off and set you back financially. Try to avoid borrowing money unless it's essential. I even know of people who will take a bank loan just to go on holiday or get married, which is sad. As long as you spend the money you earn, you’ll be on the right track.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China banking sector non-performing loan ratio 1.71% at end-2022 -Shanghai Securities NewsBEIJING : The Chinese banking sector's bad loan ratio stood at 1.71 per cent at end-2022, down 0.09 per centage point year-on-year, according to the sector's regulator cited by the Shanghai Securities News on Friday.Outstanding non-performing loans in the banking sector stood at 3.8 trillion yuan ($563.45
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China's banking sector bad loan ratio 1.71% at end of 2022 -reportBEIJING :China's banking sector bad loan ratio stood at 1.71 per cent at the end of 2022, down 0.09 per centage point from a year earlier, the Shanghai Securities News said on Friday, citing the sector's regulator.Outstanding non-performing loans stood at 3.8 trillion yuan ($563.45 billion) at the end of las
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Japan's 2022 farm exports rise to a record for 10th-straight yearTOKYO : The value of Japan's agricultural and seafood exports rose 14.3 per cent in 2022 from a year earlier to 1.41 trillion yen ($11 billion), setting a record for the 10th consecutive year, the Ministry of Agriculture, Forestry and Fisheries (MAFF) said on Friday.Exports grew as demand for dining out,
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Crypto hacks stole record $4.9 billion in 2022, led by North Korea groups: ReportSEOUL - Last year was the worst on record for cryptocurrency heists, with hackers stealing as much as $3.8 billion (S$4.9 billion), led by attackers linked to North Korea who netted more than ever before, a US-based blockchain analytics firm said in a report on Wednesday (Feb 1) The report by Chainalysis found hacking activity that 'ebbed and flowed' throughout...
Source: asiaonecom - 🏆 10. / 59 Read more »

Malaysia's liabilities to cross 80% of GDP in 2022 - prime minister's officeKUALA LUMPUR : Malaysia's debt and liabilities is estimated at 1.5 trillion ringgit ($352.44 billion) for 2022 or more than 80 per cent of gross domestic product, the prime minister's office said on Friday.The government is committed to ensuring that the ratio of liabilities compared to GDP is under contr
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Consumers lost more than S$600,000 in prepayments in 2022 due to business closures: CASEThe losses came mainly from the beauty and travel industries, while complaints against renovation contractors have continued rising.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »