Hold On!

Hold Up

Please select a minimum of three sectors in the menu above.

Got It
  • Square one isn’t always the best starting point
  • Square one isn’t always the best starting point
    Jacky Chiu, Creative Commons (2018) ©
Science

Start at the end! The science of backward planning

From moving, to arranging a wedding, we often plan chronologically. But is this the best way to achieve our goals? Canvas8 spoke to Dr. Jooyoung Park, an assistant professor at Peking University HSBC Business School, about how backwards planning can pave a better path towards success.

Location Global

Scope
When planning for the future, where do you start? Take organising a wedding as an example. From announcing the engagement to choosing a menu to inviting guests, there’s a lot to consider. And research conducted by Hitched.co.uk has found that finding the right venue is the top priority for brides-to-be, above setting a budget or guestlist. But with 40% of couples saying that the process is ‘extremely stressful’, planning for the big day is far from easy.

Part of the reason for this difficulty is that people have a tendency to think in the short-term ...

Canvas8

Related

  • Article image AMP Goals 360: robo-advice for Gen Y’s finances

    Almost half of Aussies regularly daydream about the future, but just 20% of young people have sought financial advice that could help them later in life. How is AMP Goals 360 – an interactive advice service – helping a tech-savvy generation get more engaged with their finances?

  • British boomerang kids don’t plan on moving out British boomerang kids don’t plan on moving out

    With over a million ‘boomerang kids’ in the UK living back with their parents, returning to the family home after university has become the new normal for Gen Yers. And many of them don’t expect to get their own place anytime soon, despite the tensions such living arrangements can create.

  • Chicago students have to graduate with a plan Chicago students have to graduate with a plan

    Between a competitive job market and ruthless college applications, graduating high school is a daunting concept for many Gen Zers. The Mayor of Chicago wants to help them leave on the right foot by making it mandatory for students to prove they have a plan of action before they can graduate.

  • Article image Why aren’t Britons saving for retirement?

    For many people, thinking about a pension is boring, daunting or too far away to even consider. Yet with research suggesting that saving early on is the best way to ensure a comfortable retirement, how can pension providers and the government encourage people to set aside some money for later life?