How to Manage Risk in Your Life

How to Manage Risk in Your Life

Risks are part of our daily lives. We risk waking up late for work, we risk contracting a virus when we’re out and about, we risk losing our jobs in a market downturn, we risk our marriage failing, we risk our children going astray, we risk losing our money in poor investments, we risk running […]

A Tale of Three Workers

A Tale of Three Workers

Imagine a company which has three employees. The first employee, Stuart, is your typical go-getter, strategic and smart. He is always ahead of the curve in innovation and brings a lot of value to your company, driving growth and delivering outcomes. However, Stuart is prone to periods of emotional highs and lows, and during episodes […]

Announcement: MoneyOwl rolls out a series of new initiatives to help Singaporeans manage their finances better in these trying times

Announcement: MoneyOwl rolls out a series of new initiatives to help Singaporeans manage their finances better in these trying times

As an NTUC Social Enterprise, MoneyOwl has inherited a legacy of doing social good and caring for the community. We care about helping ordinary Singaporeans manage their money well so that they can reach their life goals. In light of Covid-19 and the recession, our social mission is even more important now. MoneyOwl has thus […]

Principle #2 – Insurance is for Protection

Principle #2 – Insurance is for Protection

If you were asked to key in your life insurance premiums into a budget worksheet, how would you classify it – as an expense, saving or investment? If your insurance plan has a cash value, you might treat it as savings. If your insurance plan buys units in a unit trust, you might treat it […]