Managing Your Personal Finances

Learn about Basic Money Management through an interactive presentation of a free PDF E-Book available from the MoneySENSE website (http://www.moneysense.gov.sg) entitled My Money Book.

You will find tips that people from all walks of life have found handy. These tips can help you meet your needs today and also plan ahead for the future. Examples:

Tip: Live within your means, and do not take on too much debt. Always Make sure you can service your debt even if interest rates rise or your income falls. (Lee Hsien Loong, Prime Minister of Singapore)

Tip: Invest simply. If you don't understand an investment, don't put money into it. And remember especially that promises of high investment returns mean a high risk of losing your money. Keep it simple and hold your investments for the long term. (Tharman Shanmugaratnam, Deputy Prime Minister of Singapore)