Personal Finance

Chinese shoppers ready to go out and spend more

Almost two in five respondents to a Nielsen survey say they would increase spending, the highest level since the third quarter of 2010.

Optimism about job prospects and personal financial status helped keep confidence high among mainland consumers, who showed a greater willingness to spend in the first quarter, a survey has found.

Thursday, 23 May, 2013, 4:45am

Chinese 'more confident about retirement than Europeans'

Chinese are confident about their health in old age. Photo: Xinhua

A "squeezed generation" of middle-aged Europeans are convinced they are going to be poorer in retirement than their parents, according to a global survey that found the Chinese the most confident about their future and the French, Germans and Spanish the most pessimistic.

19 May 2013 - 7:09am

Letters to the Editor, April 14, 2013

Volcanic eruptions can cause severe storms. Photo: Reuters

Storm forecasting requires a fully multi-disciplinary approach including a good understanding of earth sciences, since we are dealing with interactions between components of the earth's systems.

14 Apr 2013 - 2:15am 1 comment

Break free from foreign tax shackles and embrace Hong Kong's low rate

Break free from foreign tax shackles and embrace Hong Kong's low rate

We arrived in Hong Kong a few months ago. My partner's initial contract is for two years with another two likely after that. Do you have any personal finance tips for us, or comments on pitfalls to avoid?

25 Mar 2013 - 3:30am

Rich Russians flock to Cyprus to salvage their investments

Russians with money in Cypriot banks are worried. Photo: EPA

They clustered in small groups on the plush couches dotted around the lounge of the Four Seasons hotel in the port city of Limassol. Nervous whispers and furtive glances revealed these were no ordinary tourists revelling in the sun on the Mediterranean island of Cyprus.

24 Mar 2013 - 9:16am

Poverty in old age a future we must avert

Poverty in old age a future we must avert

A new report by HSBC estimates that most people will spend 18 years in retirement, but says they have enough savings to fund only 10 of those years in comfort. It paints a grim picture of elderly retirees starting to run out of money just as their medical bills and care costs start to mount in earnest.

27 Feb 2013 - 4:55am

Smart Money

This site reviews everything, from electronics to appliances.

This site reviews everything, from electronics to appliances. If you use the search function and enter the term "personal finance" it will take you to a comprehensive, side-by-side review of 10 personal finance software packages, ranking on criteria such as ease of use and user support. It ranks the software on all the main criteria in an easy to read table, and also provides in-depth review of each software package.

4 Feb 2013 - 4:38am

Elderly abuse complaints rise 23pc, NGO says

Complaints about abuse of the elderly have risen by 23 per cent over the past three years, a welfare agency says - with most of the claims relating to children pocketing their parents' welfare payments.

The vice-executive director of Against Elderly Abuse, Selwyn Yu Ka-lung, said it handled 2,687 cases involving the elderly last year.

21 Jan 2013 - 4:59am

Smart Money

Smart Money This site draws about 500,000 unique visits a month. Bloggers discuss various ways to save, invest and live frugally. The editor admits he is not a financial planner, but focuses on two basic goals in building a solid net worth: make and save more.

21 Jan 2013 - 3:53am

Smart Money: Twitter sites

Farnoosh Torabi is a bestselling author who hosts her own show on Yahoo Finance.

Best Twitter feeds for personal financial advice


14 Jan 2013 - 6:19am

Ask Melanie: New Year's evolution

Carol Loomis' book, Tap Dancing to Work, pulls together articles from and about Warren Buffett and his lifetime approach to investing.

What strategies should I consider in 2013 to shore up financial security?

Here's a programme for the next 12 days, weeks or months.

7 Jan 2013 - 4:31am

Smart Money: "How to" investment sites

"How to" investment sites

7 Jan 2013 - 4:31am

Smart Money

The top sites for saving.

31 Dec 2012 - 4:58am

Ask Melanie: How to avoid falling off your own fiscal cliff

A review of credit card statements may uncovers auto-payments still in place but no longer needed.

We often dip into our investment capital to supplement a lifestyle the whole family takes for granted. This worries me as my husband semi-retired on the strength of my package, which is now looking insecure. How do we rein in family spending?

Start with an assessment of everything you own and everything you owe. Next, draw up a family budget or spending plan.

31 Dec 2012 - 4:58am

Ask Melanie: a new year, a new financial plan

Exclude personal effects such as jewellery and antiques from the assets list, unless they are of high value.

I'm determined to get on top of my finances in 2013. Where should I start?

Start by adding up the value of everything you own and everything you owe. Subtract what you owe from what you own. That number is your net worth. It's worth knowing as it's the basis for working out many other things.

17 Dec 2012 - 5:30am