Top 2  financial mistakes by sandwiched generation

3rd top financial mistake: Being too safe

Fix mistakes step by step

Help your parents with medical cover and assess funds

BT Money Hacks Ep 85: How to fix money mistakes of the sandwich generation

12:00 min

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

This week's episode looks at how to fix the top financial planning mistakes made by the sandwich generation, typically Gen X-ers and Millennials in their 30s and 40s, and who are responsible not only for bringing up their children, but also caring for ageing parents.

BT's digital editor Chris Lim hosts Aviva’s product and marketing director Daniel Lum as they discuss the following:
What are the top two financial mistakes being made by the current sandwich generation (2:30) 
Why people do not take enough risk beyond fixed deposits and bank accounts (4:45)
Step-by-step plan to fix these financial mistakes (5:55)
How to help your parents with their medical cover, and assess funds that deliver income rather than long-term growth (7:13)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Subscribe to BT Money Hacks Podcast series for our new episodes fortnightly on Mondays and rate us on your favourite audio apps:

Channel: http://bt.sg/btmoneyhacks

Apple Podcasts: http://bt.sg/oeXe

Spotify: http://bt.sg/oeGN

Google podcasts: http://bt.sg/oeGP

Website: http://bt.sg/moneyhacks

Feedback to: podcast@sph.com.sg

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

---

Discover more BT podcast series:

BT Mark To Market Podcast on: http://bt.sg/btmark2mkt

WealthBT Podcast on: http://bt.sg/btwealthbt

BT Podcasts on: http://bt.sg/podcasts

Follow our shows then, if you like short, practical podcasts!

BT Money Hacks Ep 85: How to fix money mistakes of the sandwich generation
12:00 min
Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.
This week's episode looks at how to fix the top financial planning mistakes made by the sandwich generation, typically Gen X-ers and Millennials in their 30s and 40s, and who are responsible not only for bringing up their children, but also caring for ageing parents.
BT's digital editor Chris Lim hosts Aviva&rsquo;s product and marketing director Daniel Lum as they discuss the following:
<ol>
<li>What are the top two financial mistakes being made by the current sandwich generation (2:30)&nbsp;</li>
<li>Why people do not take enough risk beyond fixed deposits and bank accounts (4:45)</li>
<li>Step-by-step plan to fix these financial mistakes (5:55)</li>
<li>How to help your parents with their medical cover, and assess funds that deliver income rather than long-term growth (7:13)</li>
</ol>
Produced by: Chris Lim and Ernest Luis
Edited by: Adam Azlee
Subscribe to BT Money Hacks Podcast series for our new episodes fortnightly on Mondays and rate us on your favourite audio apps:
Channel:&nbsp;<a dir="ltr" href="https://omny.fm/shows/money-hacks-1" data-display="http://bt.sg/btmoneyhacks" data-sanitized="https://www.google.com/url?q=http://bt.sg/btmoneyhacks&amp;sa=D&amp;source=hangouts&amp;ust=1592908509673000&amp;usg=AFQjCNGF1AFQT2ih68H-oAHIZAan_eDP4w">http://bt.sg/btmoneyhacks</a>
Apple Podcasts:&nbsp;<a href="https://bt.sg/oeXe" data-saferedirecturl="https://www.google.com/url?q=https://bt.sg/oeXe&amp;source=gmail&amp;ust=1584171740596000&amp;usg=AFQjCNFy1-8Bu6nn0MdNsOURSaZ5drQuKQ">http://bt.sg/oeXe</a>
Spotify:&nbsp;<a href="https://bt.sg/oeGN" data-saferedirecturl="https://www.google.com/url?q=https://bt.sg/oeGN&amp;source=gmail&amp;ust=1584171740596000&amp;usg=AFQjCNE03zuAjX6Yri9eJjh6poxgkpOV9Q">http://bt.sg/oeGN</a>
Google podcasts: <a href="http://bt.sg/oeGP">http://bt.sg/oeGP</a>
Website:&nbsp;<a href="https://bt.sg/moneyhacks" data-saferedirecturl="https://www.google.com/url?q=https://bt.sg/moneyhacks&amp;source=gmail&amp;ust=1584171740596000&amp;usg=AFQjCNE9jlvKSke6ivbqi-YiGUen3kfCuA">http://bt.sg/moneyhacks</a>
Feedback to:&nbsp;<a href="mailto:podcast@sph.com.sg">podcast@sph.com.sg</a>
Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.
---
Discover more BT podcast series:
BT Mark To Market Podcast on:&nbsp;<a href="http://bt.sg/btmark2mkt" data-saferedirecturl="https://www.google.com/url?q=http://bt.sg/btmark2mkt&amp;source=gmail&amp;ust=1621580726541000&amp;usg=AFQjCNFwN2lIVswwcQzU9eHb-Ibx47RktA">http://bt.sg/btmark2mkt</a>
WealthBT Podcast on: <a href="http://bt.sg/btwealthbt">http://bt.sg/btwealthbt</a>
BT Podcasts on:&nbsp;<a href="http://bt.sg/podcasts" data-saferedirecturl="https://www.google.com/url?q=http://bt.sg/podcasts&amp;source=gmail&amp;ust=1621586278355000&amp;usg=AFQjCNFlElxxRquebsDQVCEgxs9ndnigtw">http://bt.sg/podcasts</a>
Follow our shows then, if you like short, practical podcasts!

Join Howie every Monday for useful personal financial tips from various experts.

Every Monday, The Business Times breaks down useful personal financial tips with expert guests. Hosted by Howie Lim.

Produced by BT Podcasts, The Business Times, SPH Media.

Every Monday, The Business Times breaks down useful personal financial tips with expert guests. Hosted by Howie Lim.
Produced by BT Podcasts, The Business Times, SPH Media.

BT Money Hacks

Every Monday. The Business Times breaks down useful personal financial tips with expert guests.

Podcaster: Howie Lim

Produced by BT Podcasts, The Business Times, SPH Media.

Every Monday. The Business Times breaks down useful personal financial tips with expert guests.
Podcaster: Howie Lim
Produced by BT Podcasts, The Business Times, SPH Media.

Advertisement