The wealth management challenges of Millennials

Overspending: Many Millennials are finding it hard to own their dream home. Even double-income families see their monthly budget eaten away by loans, credit card bills and childcare expenses. — AP

TIME and time again, I’ve noticed how remarkably similar the feedback I received from the audience from the numerous talks and seminars that I have conducted for both private sector and the general public.

In a nutshell, it would be along the lines of, “Mr Yap, what you shared just now is a tremendous eye-opener. I have made many financial mistakes resulting in me losing money over the years. As I am now in my fifties, I only have a few more years of active income earning left to strive for financial freedom. If only I could go back in time with the knowledge I have now!”