Singapore Women's Weekly

Fix Your Money Woes Today

1 “I Don’t Have Money For Emergencies”

You know you ought to have an emergency fund, but just can’t seem to squirrel away the money for it every month. Should an unexpected crisis occur, you’d be completely unprepared. But don’t panic.

Anna Haotanto, CEO of online financial guide The New Savvy, says the first thing to do is assess what your needs in an emergency would be and how much money you’d need for it. “Distinguish between your needs

– that is, your living expenses – and your wants,” says Anna.

Next, use a goal-based investment approach. Bhaskar Prabhakara, co-founder and CEO of

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