Providend's Money Wisdom

As trusted advisers to affluent clients for 25 years this year, our wealth management philosophy of making ikigai decisions before money decisions is grounded in real-world experience managing more than S$1.7 billion of our clients’ hard-earned assets. In this week’s Money Wisdom episode, we continue our ‘The Brain Behind’ series, where our co-host and Associate Adviser, Sudhan, speaks with our CEO, Christopher, about his latest Business Times article, ‘The Retirement Advice That Worries Me Most Right Now’. In this conversation, Christopher encourages listeners to look beyond the high projected returns promised by instruments such as ILPs. Instead, he highlights the importance of knowing what is “enough”, so that you can build a retirement with greater certainty and peace of mind.To gain more perspective on today’s conversation, you may begin by reading Christopher’s Business Times article here.Music courtesy of ItsWatR.The host of this episode, Sudhan Purushothuman, is an Associate Adviser at Providend, the first fee-only wealth advisory firm in Southeast Asia and a leading wealth advisory firm in Asia.Did you know that our Providend’s Money Wisdom podcast is now available in video format on YouTube? Follow us on our YouTube channel for new episode on Thursday at 8pm.Mentioned in this episode:Get Our Money Wisdom II Book Today!Some long-time listeners might know that the inspiration behind this entire podcast was our CEO, Chris’s book. We're proud to announce that we have launched our second edition of the book titled Money Wisdom II: More Simple Truths for Financial Wellness. If you are interested in getting your very own copy, please check out the link here: https://providend.com/publications/#order-form

"Young people are so carefree!”, but is it true? In this series ‘Snack for Thought’, we dive into real conversations on the money and life issues young adults face, while keeping it light-hearted with a mukbang style, sharing the food gems around our office at Duxton Hill, giving listeners plenty to chew on.As trusted advisers to our affluent clients for over two decades, journeying with different generations, this series also gives parents and guardians insight into what their children or grandchildren (early 20s to 30s) may be experiencing. We explore the topics young adults care about, the challenges they face, and the concerns they discuss with peers. We hope these conversations help you understand them better and connect more meaningfully.In this episode, Kate and Helen explore the Gen Z perspective on renting versus buying property in Singapore, while enjoying orange chocolate cookies and a strawberry lemon crumble from a cosy coffee shop just two minutes from our office. They discuss how the decision often comes down to priorities: some want a “nest egg” and the freedom to have pets, while others see buying a home as a bigger commitment than marriage itself.Kate and Helen also share real-life experiences navigating Singapore’s rental and property market, from rental spikes during COVID-19 to weighing proximity to work against costs. Tune in to hear their candid thoughts and stories, and discover insights that could help you make your own confident housing choice!Music courtesy of ItsWatR.The contributors of this episode are Kate Loo, Community & Events Executive, and Helen Tran, Senior Executive of Media Production, Group Brand Experience, at Providend, the first fee-only wealth advisory firm in Southeast Asia and a leading wealth advisory firm in Asia.The full list of Providend’s Money Wisdom podcast episodes from Season 4 can be found here.Did you know that our Providend’s Money Wisdom podcast is now available in video format on YouTube? Follow us on our YouTube channel for new episode on Thursday at 8pm.Mentioned in this episode:Rate Our Podcast!

Legacy Insights is a new podcast series by Providend that explores what it truly takes to plan a meaningful and lasting legacy, beyond just writing a will, or engaging with a corporate trustee.This series explores the critical collaboration between wealth advisers and legal professionals in safeguarding your family’s future. Joined by lawyers Cynthia Tang of Tang Thomas and Soo Chye from OAKS Legal, each episode shares real-life stories showing how thoughtful planning can protect your family and make a meaningful difference, offering practical insights for your own legacy journey.In this episode, Cynthia and Yong Cheng discuss the three often-overlooked risks that can quietly derail legacy plans, such as divorce and bankruptcy, and whether the next generation is truly ready to steward the wealth they will receive. We examine what can happen when inheritance becomes part of matrimonial assets and why financial readiness cannot be solved by legal documents alone.They also discuss another hidden gap many families miss, the role of the executor and whether loved ones are equipped for such responsibility. From considering professional executors to the importance of open family communication, this episode shows why legacy planning is about people and preparation, and not just paperwork.In managing over S$1.7 billion of our clients’ hard-earned assets, Providend believes legacy planning goes beyond wealth plans or legal documents. It starts with clarity over your non-negotiable ikigai goals, assets, family circumstances, and long-term intentions. If you have ever wondered what could go wrong after your wealth is passed on, this is a thoughtful place to begin.Music courtesy of ItsWatR.The host of this episode, Loh Yong Cheng, is the Deputy Head of Advisory at Providend, the first fee-only wealth advisory firm in Southeast Asia and a leading wealth advisory firm in Asia.The full list of Providend’s Money Wisdom podcast episodes from Season 4 can be found here.Did you know that our Providend’s Money Wisdom podcast is now available in video format on YouTube? Follow us on our YouTube channel for new episode on Thursday at 8pm.Mentioned in this episode:Subscribe to Our Newsletter Today!If you’re interested in getting more of our thought leadership contents, click this link to subscribe to our newsletter today: https://providend.com/#newsletter-subscribe

Young people are so carefree!”, but is it true? In this series ‘Snack for Thought’, we dive into real conversations on the money and life issues young adults face, while keeping it light-hearted with a mukbang style, sharing the food gems around our office at Duxton Hill, giving listeners plenty to chew on.As trusted advisers to our affluent clients for over two decades, journeying with different generations, this series also gives parents and guardians insight into what their children or grandchildren (early 20s to 30s) may be experiencing. We explore the topics young adults care about, the challenges they face, and the concerns they discuss with peers. We hope these conversations help you understand them better and connect more meaningfully.In this second episode, Kate and Helen explore the “comparison trap” while enjoying Elijah pies, just a five-minute walk from our office. They discuss how constantly measuring yourself against others, whether it is body image, achievements, or life milestones, can lead to feelings of inadequacy, envy, and anxiety, especially for those in their 20s navigating social media pressures.From holiday weight comments to scrolling through seemingly effortless athletes online, Kate and Helen examine how comparison can push us towards unrealistic standards. They reflect on why knowing what you truly want, appreciating what you already have, and finding contentment in your own journey is key, reminding listeners that sometimes a slice of pie is enough and you do not need the whole cake (those calories!).Music courtesy of ItsWatR.The contributors of this episode are Kate Loo, Community & Events Executive, and Helen Tran, Senior Executive of Media Production, Group Brand Experience, at Providend, the first fee-only wealth advisory firm in Southeast Asia and a leading wealth advisory firm in Asia.Did you know that our Providend’s Money Wisdom podcast is now available in video format on YouTube? Follow us on our YouTube channel for new episode on Thursday at 8pm.Mentioned in this episode:Rate Our Podcast!

As trusted advisers to affluent clients for 25 years this year, our wealth management philosophy of making ikigai decisions before money decisions is grounded in real-world experience managing more than S$1.7 billion of our clients’ hard-earned assets.In this week’s Money Wisdom episode, we continue our 'The Brain Behind' series, where our new co-host and Associate Adviser, Sudhan, speaks with our CEO, Christopher, about his latest Business Times article, 'Thriving in a Messy World: Why the Philosophy of Sufficiency Matters More Than Ever.'In this conversation, Christopher explains why the Philosophy of Sufficiency is even more relevant in today’s world of constant comparison and noise. They discuss conventional definitions of success, from the old “5Cs” mindset to modern ideas of wealth accumulation and defining success on one’s own terms.In an uncertain world, this conversation challenges how we think about sufficiency, contentment, ambition, and what truly matters in wealth planning, including the quiet balance between chasing maximum returns and sleeping peacefully at night.To gain more perspective on today’s conversation, you may begin by reading Christopher’s Business Times article here: https://providend.com/thriving-in-a-messy-world-philosophy-of-sufficiency/If you would like an honest second opinion on your current investment portfolio and wealth plan, make an appointment with us today. There will be no fees charged at the first meeting: https://providend.com/our-clients/service-enquiry-form/Music courtesy of ItsWatR.The host of this episode, Sudhan Purushothuman, is an Associate Adviser at Providend, the first fee-only wealth advisory firm in Southeast Asia and a leading wealth advisory firm in Asia.Did you know that our Providend’s Money Wisdom podcast is now available in video format on YouTube? Follow us on our YouTube channel for new episode on Thursday at 8pm.Mentioned in this episode:Download Investment eBook Today!Download our Investment eBook titled “A More Reliable Way to Get Enough Investment Returns: Even During Times of Market Uncertainty” here: https://providend.com/publications/#investment

“Young people are so carefree!”, but is it true? In this series 'Snack for Thought', we dive into real conversations on the money and life issues young adults face, while keeping it light-hearted with a mukbang style, sharing the food gems around our office at Duxton Hill, giving listeners plenty to chew on.As trusted advisers to our affluent clients for over two decades, journeying with different generations, this series also gives parents and guardians insight into what their children or grandchildren (early 20s to 30s) may be experiencing. We explore the topics young adults care about, the challenges they face, and the concerns they discuss with peers. We hope these conversations help you understand them better and connect more meaningfully.In this first episode, Kate and Helen nibble on the idea of reaching $100k by 30 while enjoying treats from Equate Coffee at Tanjong Pagar Plaza. They explore the savings and choices needed to hit this milestone, while considering how to balance it with living life and spending on what matters. Kate shares her personal journey, and Helen reflects on her own milestones, sparking a discussion on whether 100k by 30 should be viewed as a realistic benchmark?Music courtesy of ItsWatR.The contributors of this episode are Kate Loo, Community & Events Executive, and Helen Tran, Senior Executive of Media Production, Group Brand Experience, at Providend, the first fee-only wealth advisory firm in Southeast Asia and a leading wealth advisory firm in Asia.The full list of Providend’s Money Wisdom podcast episodes from Season 4 can be found here.Did you know that our Providend’s Money Wisdom podcast is now available in video format on YouTube? Follow us on our YouTube channel for new episode on Thursday at 8pm.

As AI tools like ChatGPT are increasingly capable of analysing financial data, generating reports, and answering complex questions in seconds, many have asked: Could AI truly replace a human wealth adviser?Being trusted advisers to our affluent clients for over two decades, this Providend series began with an article by our Client Advisers on clients navigating major life transitions. The podcast goes further, exploring the thoughts behind these transitions.In this podcast episode, Jit Hwee and our host, Isaac, explore three major retirement challenges through the case of Bob and his wife Elsie, both 45, who hope to retire at 60. They discuss how clients often find it difficult to navigate the mental gymnastics of evaluating trade-offs, particularly when faced with information overload about the steps needed for a successful retirement.Jit Hwee also highlights three key limitations of using AI in retirement and career transition planning, and poses an important question: would you trust AI with your non-negotiable ikigai goals and life events, or for achieving clarity and peace of mind? Listen to the podcast to find out more.To better understand the discussion, you may start by reading Jit Hwee's article here: Case Study: Can AI Replace a Human Adviser for Retirement and Career Transitions?Music courtesy of ItsWatR.The host of this episode, Isaac Ong, is a Client Adviser at Providend, the first fee-only wealth advisory firm in Southeast Asia and a leading wealth advisory firm in Asia.Did you know that our Providend’s Money Wisdom podcast is now available in video format on YouTube? Follow us on our YouTube channel for new episode on Thursday at 8pm.Mentioned in this episode:Download our RetireWell™ eBook Today!Our popular RetireWell™ eBook has been updated! RetireWell™ is a methodology that Providend has developed to design a retirement income plan that will provide you with a safe and reliable stream of income for the rest of your life. Check out the link here to download a complimentary copy of the full eBook today: https://providend.com/publications/#retirewell