23yo bought 40yo HDB flat and worried.

Reader:

I am currently 23years old & married. My husband and I purchased a resale flat last year.

Back then we did not read nor have knowledge about financial planning. 

We purchased what we want and our desired location...

Our resale flat is actually quite old. I think is 40 years old this year...

Many people called us stupid for buying resale flat instead of BTO ones. 

And since we didn't have proper financial planning, we exhausted our entire CPF to pay for the flat.

So, our CPF is 0 now. 

We also took a loan of 25 years...

I am beginning to learn how to invest and starting small. May I ask how can I actually do better in planning my finance? 

Thank you for taking your time to read my email. Hope to see your reply.

AK:
How do you start doing better in your finances? That is a very broad question. It is very difficult for me to answer with specifics. 

Here are a few blogs you might want to read:

1. http://singaporeanstocksinvestor.blogspot.sg/2014/03/graduating-soon-take-steps-towards.html

2. http://singaporeanstocksinvestor.blogspot.sg/2015/05/how-much-should-we-have-in-our.html

3. http://singaporeanstocksinvestor.blogspot.sg/2017/04/hdb-flat-is-37-years-old-and-son-is.html


4. http://singaporeanstocksinvestor.blogspot.sg/2017/07/buying-properties-with-short-remaining.html


There are many other relevant links in my blog. 

Go to the right sidebar of my blog and read those suggested especially those listed under "WEALTH CREATION".
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If we to learn from mistakes, we will avoid them and make better decisions in future.

Don't beat ourselves up.

This reader has the right attitude. Gambatte!