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skyfp, Author at Sky Financial Planning - Page 7 of 8

Savings tips

Here are some short and simple tips for saving for your future self, Start a saving habits by setting aside at least 10% of your salary. Principle of paying yourself first. When you receive your monthly salary, you can transfer a fixed amount to a separate bank...

AXA Early Saver

AXA is launching a new savings plan! With one of the highest guaranteed and total yield in the market. Key features include: Short premium payment term of only 5 or 10 years. Future premium deposit available, with interest payable 2 guaranteed cash payout + 1 maturity...

Starting your investing journey earlier

“I am only in my 20s, it’s too early to think about retirement. I will plan for it later” Does the above sound familiar? Look at the diagram below, assuming same rate of returns. In the above example, both Bill and Chris invest $5000 annually up till...

Why is insurance a necessity?

Insurance is not just for the rich and wealthy. Regardless of the age and income level, everyone requires insurance. Insurance serves to transfer the financial risk of “unexpected” medical conditions or loss of life to the insurer. Why is it necessary? Far...

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