As economic uncertainty increases, personal finance management becomes that much more complex. Or does it have to be? How can we preserve and grow our wealth even during volatile times? Howie Lim speaks to Shang Saavedra, author and financial educator to find out.

Synopsis: Every Monday, The Business Times breaks down useful financial tips.

Highlights:

00:57 Cut your budget or grow your income

04:13 Is one better than the other?

07:04 Stop doing this!

08:41 How much tech would help

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Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.

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Written and hosted by: Howie Lim (howielim@sph.com.sg)

With Shang Saavedra, author and financial educator

Edited by: Howie Lim & Claressa Monteiro

Produced by: Howie Lim & Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

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S1E206: Effective budgeting vs income growth insights: BT Money Hacks