Best Financial Advice

Everyone is looking for the best financial advice. But we must understand that not every piece of advice, even from the most successful people, is appropriate for everyone. That is due to the fact that not everyone’s financial situation is the same. In order to efficiently organise our finances, we must first assess our existing financial situation and future needs.

My client-turned-friend of more than ten years invited me to a Raya gathering in his new home last month. He approached me a few years ago and asked for my opinion on his next property purchase, as he wanted a more spacious home for his family. As his financial consultant, I assisted him in analyzing his position and giving him the best financial advice possible. He eventually accepted my suggestion, and his family now has a larger living space, and he has more money set up for retirement. And he told me that the advice I gave him was an ” important landmark advice”.

I’m pleased that my thirteen years of financial planning experience have aided many families in achieving their financial objectives. Financial planning isn’t rocket science; it’s more of an attitude shift toward money, and anyone can reach their financial objectives on schedule if they use the right financial instruments.

And I often tell my friends and clients that true success requires a holistic approach. We can’t rely on financial well-being alone; we also need physical and mental well-being to genuinely appreciate what we have and to be able to give to others. In terms of physical fitness, I regularly go for runs and consume a vegetarian diet whenever feasible. I meditate and practise mindfulness for my mental wellness. I also use long-term financial products to track my financial well-being.

Which of the three areas of wellness do you believe you need to work on? Make contact with me for a friendly chat. I’ll show you how I use my M.E.N.G Philosophy framework to promote mental health. in terms of my financial health I will share with you my 3M frameworks.

Note: Opinions expressed are solely in Mr. Chan Kong Meng’s personal capacity and neither express the views or opinions of Prudential nor represent any professional advice in Mr. Chan Kong Meng’s capacity as a PACS representative.