While there’s no denying that your efforts can and will yield monetary rewards, you need to be extra cautious of unwittingly overspending this year. Practise self-restraint, plan your finances well and stick to it to a tee to avoid debt in the year ahead.

There will be many opportunities to generate wealth through various channels, even beyond your day job. While you may enjoy prosperity this year, it’s important to be mindful about getting enough rest, and keeping burnout and stress at bay.

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If you are willing to travel, wealth prospects are aplenty. However, your finances are not looking good this year. Practise self-restraint and conquer the urge to splurge. Be prudent and keep close tabs on cash outflow to minimise financial loss.

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As long as you avoid any high-risk investments, you will be hopping towards abundance throughout 2020. Remain diligent and assume an uncompromising work ethic – this will boost your already-positive wealth luck and increase your chances for a well-deserved raise. Real estate investment should also be on your radar this year, though it’s still best to be conservative and select only low-risk investments.

It is wise to put your faith in those who are far more accomplished and experienced than you in terms of financial management this 2020. You should be looking at investments into fixed deposits as well as better saving plans – expert advice will definitely come in handy when you plan your finance strategies.

Unlike last year, there will be opportunities for you to accumulate wealth and save and spend money, and better yet, in a more relaxed approach. Nonetheless, toughen up the security around your assets, if possible, to prevent any possible loss in wealth due to theft.

Wealth opportunities will come your way if you put in the necessary work and effort. Meticulous planning and a deeper sense of mindfulness will save you from financial heartache. Be careful when signing any contracts or agreements, for instance, to avoid losing money due to carelessness.

Reduce the chances of minor financial planning with careful financial planning. Aside from this, your wealth prospects look very positive. However, your own negativity may blind you from noticing how fortunate you truly are. Adjust your mindset, be positive and you will be rewarded.

Your boost in wealth will rely a lot of assistance from others this year. This could come in the form of expert advice on investments or strengthening your financial security. Don’t take their help for granted though – be sure to pay it forward by helping the less fortunate and the universe will repay your kindness.

It’s time to diversify your options when it comes to building wealth. Don’t just stick to what you already know; find out other methods on how to increase your finances and seek professional help to pinpoint the best ways to gradually increase your bank balance.

A solid financial backup plan will be your line of defence against the likelihood of what-seems-to-be, constant, monetary loss this year. Don’t be so quick to invest your money as a means to counter this lacklustre period. Avoid high-risk investments at all costs and focus simply on saving money. We’ve got lots of tips and tricks to help you out:

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You will see a positive shift in your wealth luck this year as more doors open for better part-time jobs and alternative sources of side income. While none of these opportunities is particularly spectacular, effort on your part to harness these changes will be enough to afford you a peace of mind.

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Text: Joey Yap / Illustrations: 123rf.com