Stanley is a CFP and a MBA graduate from IMC Association, UK. Most of his career, he practiced financial management and business administration with the small and medium sized enterprises. He had lectured on the subjects of finance and management at private
+ more bio informationPaying insurance premiums often feels similar to washing money down the drain, until you need to collect on the policy. Then you are really glad you had the foresight to get the insurance. It is time to face the fact that nobody gets out of this game alive. At some point in your life, you die. You won't care much what happen... More..
A sudden illness or the loss of your job may make it impossible for you to pay your bills on time. If you find you cannot make your payments, contact your creditors at once and try to work out a modified payment plan with them. If you have paid your bills promptly in the past, they may be willing to work with. Do not wait un... More..
Although your checkbook will give you a fairly complete record of your expenses, it does not serve the purpose of planning for spending. A budget requires that you outline how you will spend available income. Various types of budgeting systems exist, from informal procedures to computerized spending plans. Financial advisers... More..
If you ever thought about buying stocks or bonds but decided not to, your reasons were probably like most other people: You didn't know enough to make a good decision and you lacked enough money to diversify your investment among several choices. These same two reasons explain why people invest in mutual funds. By pooling yo... More..
Financial planning is the process of developing and implementing long term plans to achieve financial objectives. It is not the creation of a single plan but rather the formation of a coordinated series of plans covering various parts of a person's overall financial affairs. Financial planning is unique to each individual or... More..
It intrigues me how our roles in life change the longer we stick around. We start out as children needing asssitance. We then move into being individual adults with our own lives. Most of us meet a special someone, marry, and have children of our own. At some point our parents might age to the point that we become their care... More..
Stanley Wong
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