GM Creditz Pte Ltd is a licensed moneylender (License No. 101/2021) listed in the Registry of Moneylenders, under the Ministry of Law in Singapore.

Licensed Money Lender Personal Loan Bukit Panjang

Licensed Money Lender Personal Loan Bukit Panjang

If managing your finances sounds intimidating or stressful, take a deep breath! The tips below will help you gain more control over your funds so that one day we can say, “I have enough.”

1. Sit down and list down your expenses.

To be successful, you need to take a step back and assess where you are financially to help steer things on track. 

Do I consistently overspend? Am I saving up enough for emergencies or even retirement? 

Be honest with yourself here; it might not feel great, but there’s no shame in admitting mistakes of the past when they’re holding us down from moving forward into exciting financial freedom! 

2. Make an action plan 

  • You want to start with a budget
    There are plenty of ways you can set up your financial game plan, but one that’s pretty popular is the 50/30/20 rule, which splits your monthly income into three parts: needs (50%), wants (30%), and savings or debt repayment plans( 20%). 

  • Monitor your expenses
    Tracking your spending can help you see where all of that money went. It may inspire you to adjust these habits, so they better align with what is important in life for you.

  • Keep your money in the right place.
    One of the most important skills for financial security is separating your emergency fund from regular funds. When you have separate accounts, it’s easy to see how much money has been allocated toward larger goals like buying a house or car.

    It also prevents people with less than perfect self-control from dipping into their savings account if some unexpected expenses come up.

  • Invest in Your Financial Future
    It is best that you invest in something you are comfortable with and understand the risks of investing on – for example, individual stocks, exchange-traded funds (ETFs), Real Estate Investment Trusts (REITs), and bonds.

    And if not sure what type of instrument fits into these categories, then there’s always government schemes such as Singapore Savings Bonds, which can provide stability while still giving you returns.

3. Pay Off Debt 

Debt is a frustrating obstacle for many people when it comes to reaching financial goals. That’s why you should make eliminating it your top priority! Set up an effective debt elimination plan to help you pay off quickly. 

For example, while paying the minimum on all of your credit card accounts, allocate any extra money towards one account at a time – and keep doing this until every last penny has been allocated. 

Once out of debt completely, commit to staying that way by never using another credit card again. Leaving them at home will be key!

4. Be consistent

The more you budget, the better your life will be. It is one of the most important tools that can help you reach your monetary goals. It allows you to create a spending plan so that, once allocated properly, it will come in handy when reaching those goals. 

Celebrate along the way and congratulate yourself for small victories like paying off debt or sticking with budgets.


The future is yours if you make the right choices. Plan ahead so that you won’t ever need to worry about your finances again! If you need good loans in the future for investments, you can always rely on GM Creditz, a licensed moneylender near Bukit Panjang offering customized loan plans with flexible terms and favorable interest rates! 

Friends laughing after applying for loan online

Ready To Get Started?

Borrow with ease.
Request for a quotation now!

Call Now
× WhatsApp Us