Lifestyle Mistakes that Can Soon Put You in Debt
Singapore is one of the most expensive cities in the world. With ever-rising costs, along with holding common events such as marriage, home ownership, career progression, or even starting a family, it is quite challenging to navigate life transitions in good financial health. We have always heard how important it is to save for our future needs or emergencies. But many of us struggle to maintain sound financial health in Singapore. Therefore, we are enlisting some of the lifestyle mistakes which you might not be aware of that can put you in debt.
One of the main mistake -> Not Building Your Emergency Funds for At Least Six Months
As you grow old, your financial responsibilities also add up. There might be times where you might experience unexpected events such as losing your job or maybe a family emergency. These events can put a strain on your finances. As everyone’s financial situation is different, it is a good idea to save up to six months worth of monthly living expenses for financial emergencies. Having an emergency fund can give you peace of mind.
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There are very few cash loan specialists that are open each day of the week. We do this since we realize that you might confront money issues anytime. Additionally, it may not be simple for you to go to our office directly after work. With the jams and conceivable extra time, you will be unable to visit our office regardless of us shutting down at 8PM. In this manner, we have chosen to broaden our opening hours by including the ends of the week too. 1st Credit SG Pte Ltd is one of only a handful couple of reliable moneylender open on end of the week!