We know money doesn't grow on trees. Most of the time, however, we feel that our money expenditure is as fast as the falling leaves on a windy autumn day.
(Ok, Singapore only has two seasons so it should be trees falling on a heavy downpour.. I digress.)
Many financial experts advise that you shouldn't let money dictate what you can or cannot do. As such, you should take the proactive step to track your money, inflow and outflow.
You can find many tech tools to help you manage your money, but that can be hassle at times. How many of you have downloaded apps to manage your bills but stop after your third entry?
OCBC introduced their Monthly Insights tool which comes free with their Online Internet Banking Service for personal banking accounts.
• Set budgets and manage expenses through SMS or email alerts
• Get insights on financial behaviour of people with similar demographic
Some friends pay on the spot with cash, some say "I don't have cash at the moment, can I pay you later?"