BT Money Hacks: Savings vs. investing and wealth building hacks (Ep 148)
In the debate between savings and investing, which is a better choice to grow our wealth? What are some factors to consider? Karl Franks, the Chief Operating Officer of Hugosave and Christopher Tan, founder and CEO of Providend share their insights and tips with Howie Lim.
Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.
Highlights of the conversation:
01:02 Chris Tan and Karl Franks’ take on savings vs. investing
02:56 Investing IS simple, just not easy
05:52 Productive and unproductive debt
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08:12 Investing helps you STAY rich
12:25 Not rocket science but many simple things working together
Written and hosted by: Howie Lim (howielim@sph.com.sg)
With Karl Franks, chief operating officer of Hugosave and Christopher Tan, founder and CEO of Providend.
Edited by: Howie Lim & Claressa Monteiro
Recording engineer: Joann Chai Pei Chieh
Produced by: BT Podcasts, The Business Times, SPH Media
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Channel: bt.sg/btmoneyhacks
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Website: bt.sg/moneyhacks
Feedback to: btpodcasts@sph.com.sg
Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.
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