Dear friends

I have emailed a few personal finance bloggers who listed on thefinance.sg to contribute their views on:

What is the single most important lesson you learnt in personal finance?

Their answers will be compiled on 8 August 2008 as we celebrate Singapore’s 43rd National Day.

Besides catching the National Day Parade on television, while not spend some time going through personal finance blogs to celebrate your own efforts to achieve financial freedom by learning and sharing from like-minded friends this weekend.

You are also cordially invited to email me your submissions via rod.loh [at] gmail.com and I feature them on my blog carnival on 8 August 2008.

Be well and prosper!

Related articles by Zemanta

• What is the most influential book in personal finance?
• 5 Ways To Make People Puke about “Financial Freedom”
• Panzer’s Friday Feature: Roundup from Personal Finance RSS Feeds from Google Reader

Image by mbgrigby via Flickr

Check out a new blog that is run by a relative of mine entitled “Singapore Savings Accounts Rates“. His blog is complementary to mine as he covers most savings accounts while I focus more on fixed deposits and treasury bills. Add his blog to your RSS reader or favourite in your bookmark to keep in touch with the savings rates situation in Singapore.

Be well and prosper.

Flickr image by Dawn Endico

Thanks to all those who participated in this little contest and sharing session about which was or were the personal finance books that influenced you the most.

[1] David C from sgfrag.net share that “Wallstrait’s Investing Basics” book was the one that helped him make some money in his first year. [2] Justina felt that “Rich Dad, Poor Dad” (Robert Kiyosaki), “did make me look at personal finance differently”. [3] Collin also quoted “Rich Dad, Poor Dad” as well as “Personal Financial Planning” (Benedict Koh) were the two that influenced him.

[4] Drizzt cited Kiyosaki too but felt that “The Richest Man in Babylon” was the one book that covers the essentials of “1) Compounding Returns, 2) Insurance, 3) Paying yourself first, 4) Debt”. [5] La Papillon quoted “Your Money or Your Life” (Joe Dominguez and Vicki Robin) as the book that “resonates so strongly with my internal frequency that my gut feeling is that this MUST be the book of all books in personal finance.” I’ve read “Your Money or Your Life” and also recommend it strongly for those who have embarked on their own journey towards financial freedom.

[6] Seen This Scene That quoted “A Singapore Guide To Personal Financial Planning” by Financial Perspectives as the one that made the most sense to him from a personal finance angle. [7] Derek journey towards personal finance was “Rich Dad’s Guide to Becoming Rich Without Cutting Up Your Credit Cards” (Robert Kiyosaki). [8] 8percentpa mentioned “Random Walk Down Wall Street” (Burton G. Malkiel) as the most educational though he felt it was difficult to pin down the most influential book.

If you are serious about personal finance and learning how to live within your means, save and invest, grow and protect your means, you can consider reading what some of fivecentstencents readers have themselves read and consider to be worth your time.

Be well and prosper.

======

Post-script, I have drawn the winner from the 8 who participated in this contest and the winner is lucky number 4, Drizzt! Congratulations. I will be contacting you on how to claim the prize.

Related articles by Zemanta

• Panzer’s Friday Feature: Roundup of Personal Finance RSS Feeds
• The Prosperous Peasant: Five Secrets of Fortune & Fullfillment Review
• 11 Years Later - No Credit Card Debt