Financial coach Chinkee Tan shares expert advice on better money management to invest safely. Once you have your finances in order, you can grow your money further by learning how to invest it.
Investing gives you a source of passive income and can provide long-term financial security. However, you should never invest in something you know nothing about.
The Department of Finance recently exposed malicious ‘cryptocurrency investment schemes’ that have been making rounds on social media.
These scams, which are advertised as auto-trading platforms called “Bitcoin Revolution” and “Bitcoin Lifestyle,” are portrayed to be endorsed by government officials and popular celebrities, making these schemes look legitimate in the eyes of a novice investor.
The finance department refutes the claims made by these ads and calls on the public to avoid engaging with these unregistered and unlicensed cryptocurrency schemes.