About Me

Koo Ping Shung is a renowned author on the subject of "Sun Tzu Art of War" and other related Ancient Chinese Literary Works on Military Strategy and Chinese History. Ping Shung's passion in particular is in the exposition of Practical Business Applications gleaned from his vast and in-depth understanding of the applicability of such Ancient Chinese Literary Works to modern day Businesses, Entrepreneurs & Businessmen, and People in the Corporate Hierarchy. To date, he has written on many topics including Strategy Formulation & Execution, and Corporate Leadership. Read more on Ping Shung's sharings on the Famous Quotes of Sun Tzu by clicking on "Sun Tzu Quotes". He has also been reading about managing personal finance and investments since 2002 He is familiar with the personal finance landscape in Singapore.

Sunday, February 8, 2009

Managing Finances as Married Couple

Managing Finance as Married Couple might be an issue that most married couple overlooked. Why I said that is because most married couple does not sit down and really work out the finances together. Yes, most of them do work out in the sense of contributing how much to the household expenses and so on but seldom do they sit down and discuss how to build that nest egg together, making investment and purchasing insurance to get a wider coverage.

Couples should really sit down to discuss about investments and insurance. Getting the widest coverage with their pooled money, making investments at the lowest expense through again pooling of investment monies.

Do constantly review your insurance and investment portfolio to see if there is a need to do adjustments especially after major events like having a child or taking on another degree program. Couples can also take advantage of the planning time to bond with each other and understand each other better.

For more information on managing finance as a couple, please click here.

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