Protect • Budget • Grow

1. Protect – Build Your Financial Safety Net

Many women I meet already have insurance. But protection planning is not simply about how many policies you have. It is about understanding what you are covered for and whether that coverage is still suitable for your life today.

When we first start working, our protection needs may be quite simple. Later, we may buy a property, get married, have children, earn a higher income or take on greater responsibilities for our parents. What was suitable five or ten years ago may not necessarily be suitable today.

As part of the review, we will do an Insurance Portfolio Review to consolidate what you already have and look at areas such as hospitalisation, critical illness, death, total and permanent disability and income protection where relevant.

The review will help you understand:

• Your existing coverage and what each policy is meant to do
• Whether there are any important protection gaps
• Whether there is unnecessary overlap
• Whether your overall protection is still appropriate for your current responsibilities and stage of life.

2. Budget – Find Your Balance Between Today and Tomorrow

Budgeting is about having enough clarity to know what we can comfortably spend today while still preparing for tomorrow. As part of the review, we will use a Cashflow Analysis to understand your income, regular expenses, savings and financial commitments. We can work out how much you are already setting aside, how much may be needed for your future goals and how much you can comfortably spend today. Instead of simply feeling that you should save more, the goal is to give you greater clarity on how much you need to save and how much you can comfortably spend.

Property Affordability Exercise

For many women, buying a property is one of the biggest financial decisions they will make. If property is one of your goals, we can conduct a Property Affordability Exercise. Rather than looking only at the maximum amount a bank may be prepared to lend, I prefer to look at the property as part of your overall financial plan.

We consider the cash and CPF required, the ongoing mortgage commitment and importantly, whether the purchase still allows you to continue working towards your other financial priorities. If you are considering a property as an investment, we can also look at the potential net yield where relevant.

The goal is not simply to understand how much you can borrow but to work out how much you can comfortably afford without compromising the rest of your financial plan. That is what good budgeting should help us do.

3. Grow – Build Greater Financial Independence

Many women I meet know that investing is important. Some have already started investing on their own. Others may have investments with banks, financial institutions, online platforms or through SRS. You may also have started with a DIY investment account and built up a portfolio over time but are no longer sure whether the original set up still makes sense.

Market movements may have changed your portfolio mix. Your own circumstances and priorities may have changed too. What was suitable at the beginning may not necessarily remain suitable today. When I review investments, I like to start with what this money needs to support in your life. Some investments may be set aside for a home, some for your children or family needs and some for your own retirement planning. Once we are clear about what the money is for and when you may need it, it becomes easier to decide whether the way it is invested still makes sense for you today.

As part of the review, we will go through a Risk Profiling Exercise to understand your investment objectives, time horizon, experience and comfort with investment risk.

If you already have investments, we can also conduct an Investment Review to look at your current portfolio mix and whether it is still aligned with your needs, risk profile and stage of life. Together with the Cashflow Analysis, we can work out how much you can reasonably set aside for investing without compromising your emergency savings, short term needs and existing commitments.

Investing is not simply about chasing the highest return. It is about putting your money to work towards the things that matter to you. And ultimately, it is about building greater financial independence and having more choices later in life.

Let’s Discuss Over Coffee or Tea

I have always felt that financial planning is personal. Sometimes, it is easier to discuss when we can sit down over a cup of coffee or tea and go through things together.

The Financial Wellness Review includes two sessions of 45 minutes each. We can meet in person over coffee or tea or via Zoom, whichever is more convenient for you. During our first session, we will go through what you already have, talk about your priorities and concerns and identify the areas you would like to work on. In our second session, we will go through the findings from the relevant planning exercises, discuss what may need attention and work out the next steps together.

You can prepare your financial policies, investment statements and CPF information, along with any financial matters you have been putting aside. You do not need to organise everything perfectly before we meet. We will work through it together. The objective is not to change everything. You may discover that you are already doing quite well or we may identify one or two areas that deserve more attention. Sometimes, simply understanding where you stand can give you greater confidence about what to do next.

Financial Wellness Review: $200 nett

The fee covers both 45-minute sessions and the relevant financial planning exercises discussed above based on your needs.

Please fill up the form below: