More of MoneyOwl in the Media

Daphne Lye, Financial Planning Lead at MoneyOwl, shared that total debt servicing ratio should ideally stay below 35% of take-home pay, and non-housing loan repayments under 15%. While housing loans may be “good debt” due to low interest rates and asset appreciation, she cautioned against sacrificing liquidity. For those facing overwhelming unsecured debt, she recommended...

Li Huijing, Head of Partnership & Investment Management at MoneyOwl, noted that falling bank deposit rates reflect concerns of slower economic growth and possible Fed rate cuts. She advised that while fixed deposits are useful for capital preservation, they shouldn’t be the only strategy for long-term goals like retirement. Investors should focus on holistic planning...

As generative AI tools like ChatGPT gain popularity, many are using them for investment advice. However, experts caution that current AI models are not as powerful as perceived and may mislead users without proper financial knowledge. MoneyOwl’s Head of Partnership & Investment Management, Li Huijing, notes that AI tools rely on past data and often...