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Dear readers, in these current times when the cost of almost everything is higher than before, saving continues to be important. But at the same time, it can be easy to be demotivated or steer away from savings since any hard savings can be easily wiped out by a nice meal in a restaurant, not just on the food but the 10% Service Charge and 9% GST. Hence, it is important to stay motivated putting aside some of our monies for savings, and here are 8 ways to stay motivated in savings: 1)Set a specific savings goal: Whether it's saving for a vacation, a new car, or a rainy day fund, having a clear goal in mind can help motivate you to save. 2)Create a budget: Determine how much you can realistically afford to save each month by creating a budget that outlines your income and expenses. 3)Automate your savings: Set up automated transfers from your checking account to your savings account so that you're consistently putting money away without even thinking about it. 4)Celebrate mile

Creating a passive income requires setting up a system or investing in resources that generate income without requiring active, ongoing work. Here are some ways to create a passive income:   1. Invest in real estate: Purchase rental properties or invest in real estate crowdfunding platforms to earn passive income through rental payments or property appreciation.   2. Start a blog or YouTube channel: Create content around a niche topic and monetize it through advertisements, sponsored posts, or affiliate marketing.   3. Create an online course or digital product: Develop and sell a course, ebook, or software that provides value to customers and can be sold automatically without ongoing work.   4. Invest in stocks or bonds: Buy dividend-paying stocks or bonds that provide regular income without requiring active management.   5. Purchase a vending machine or ATM: Place machines in high-traffic locations to earn passive income from sales or transaction fees.   6. License your artwork or mu

If you have not been promoted, there are several steps you can take to address the situation:  Seek feedback: Schedule a meeting with your supervisor to discuss the reasons why you were not promoted. Ask for specific feedback on areas where you can improve and what you can do to increase your chances of being promoted in the future.  Take initiative: Show your commitment to your job and the company by taking on additional responsibilities, volunteering for projects, and demonstrating leadership skills. This can help showcase your potential for advancement.  Develop new skills: Identify areas where you can improve and invest in your professional development by taking courses, attending workshops, or pursuing certifications that can make you a more valuable asset to the company. Network: Build relationships with colleagues, mentors, and other professionals in your industry to expand your network and potentially uncover new opportunities for advancement.  Consider your options: If you

Teaching your kids about money management is one of the most important life skills you can impart to them. As they grow up, they will need to make decisions about budgeting, saving, and spending wisely. By starting early and teaching them the basics of money management, you can help set them up for financial success in the future. Here are some tips on how to teach your kids about money management: 1. Start early: It's never too early to start teaching your kids about money. Even young children can understand basic concepts like saving and spending. You can use simple activities like giving them a piggy bank to save their allowance in or helping them count coins to buy a small treat. 2. Lead by example: Children learn by observing their parents, so it's important to model good financial habits. Be transparent about your own money decisions and explain to your kids how you budget, save, and resist impulse purchases. 3. Give them responsibilities: As your children get olde

Dear readers, would you want to earn more monies at work? Here are the 10 ways to do so: Take on additional responsibilities and projects that may lead to promotions or raises.  Improve your skills and knowledge through training and education to increase your value to the company.  Build strong relationships with coworkers and network within your industry to uncover new opportunities.  Demonstrate your commitment and work ethic by consistently exceeding expectations and meeting deadlines.  Look for opportunities to negotiate a higher salary or seek out performance-based incentives.  Identify and propose cost-saving measures or revenue-generating ideas to your employer.  Consider taking on side projects or freelance work outside of your regular job to supplement your income.  Stay up-to-date on industry trends and market conditions to position yourself for advancement. Seek feedback and constructive criticism from supervisors to continuously improve your performance.  Remember to maint

1. DeFi (Decentralized Finance): DeFi has been a major trend in the cryptocurrency space in recent years, and it is expected to continue to grow in 2024. Opportunities in DeFi include lending, borrowing, staking, yield farming, and decentralized exchanges.   2. NFTs (Non-Fungible Tokens): The NFT market has exploded in popularity, with digital art, collectibles, and gaming all utilizing NFTs. In 2024, there will likely be more opportunities for creators and investors to participate in the NFT space.   3. Blockchain Technology: Blockchain technology has applications beyond just cryptocurrencies. Companies are exploring the use of blockchain for supply chain management, voting systems, identity verification, and more. There will be opportunities for developers, consultants, and businesses looking to integrate blockchain technology into their operations.  4. Central Bank Digital Currencies (CBDCs): Several countries are exploring the development of their own central bank digital currencie

Dear readers, we spend many hours in a day working. Here are 10 tips to save some monies at work: 1. Bring your own lunch and snacks instead of buying food from nearby restaurants or cafes.  2. Use public transportation or carpool to work to save on gas and parking expenses.  3. Utilize company perks such as employee discounts on products and services.  4. Turn off lights, computers, and other electronics when not in use to save on utility bills (during work from home) 5. Request to work from home a few days a week to save on commuting costs.  6.  Pack your own coffee and drinks instead of purchasing them from the office vending machine or coffee shop.  7.    Minimize lunches with your colleagues at restaurants. 8. Avoid unnecessary expenses such as ordering takeout or participating in office gift exchanges.  9. Use company-provided training and development opportunities instead of paying for external courses.  10. Create a budget for work-related expenses and stick to it to avoid ove

Dear readers, we are in the middle of a week. Below are nine ways on how to be Happy at work! Hope they help you push through to weekends! 1. Find meaning and purpose in your work: Consider how your role contributes to the overall goals and mission of the company. When you understand the importance of your work, you are more likely to feel fulfilled and happy.  2. Develop positive relationships with your coworkers: Building strong relationships with your colleagues can make your work environment more enjoyable and supportive.  Take the time to get to know your coworkers, collaborate on projects, and offer support when needed.  3. Practice gratitude: Focus on the positive aspects of your work and express gratitude for the opportunities and resources you have.  Acknowledge your achievements, no matter how small, and celebrate your successes.  4. Set boundaries: It's important to establish healthy boundaries between work and personal life. Make time for activities and hobbies that bri

Dear readers, I believe you might have noted in some bookstores here, one of the best-selling books on habits: "Atomic Habits" by James Clear. Ever since my reading of the book " The 7 Habits of Highly Effective People ", I believe Atomic Habits is also one of the most popular books on habits around. I cannot highlight more on the importance of habits, which shapes individuals for the better or worst. Sharing the top 5 books on habits as suggested from the internet: 1) "The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change" by Stephen R. Covey 2) "Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones" by James Clear 3) "The Power of Habit: Why We Do What We Do in Life and Business" by Charles Duhigg 4) "Better Than Before: What I Learned About Making and Breaking Habits—to Sleep More, Quit Sugar, Procrastinate Less, and Generally Build a Happier Life" by Gretchen Rubin 5) &quo

Dear readers, in this post, let us take a look at the video below, to understand why this China ETF outshines its competitors, according to analysts.