Live The High Life In Singapore Have you ever thought about how the rich live? Is the world of taitais and rich folks who splurge without battling an eyelid a mystery to you? While we may never get to live a life of luxury, there are ways to pamper yourself once in awhile that doesn’t …
Paying For Your First Home It is many Singaporean’s aspirations to own a home in Singapore, and looking at the home-ownership statistics, the country’s government has done well to fulfil a large part of this dream. However, as home prices climbed dramatically in the last few years, it has increasingly become a scary thought to …
A 3-Step Preparation Guide To Paying For Your First Home Read More »
Singaporean Financial Milestones Being one of the top financial hubs in Asia, it is surprising that Singaporeans are not in the top 3 ranking in terms of financial literacy in the region. Other than budgeting challenges and managing unsecured debt, retirement also ranks as one of the top concerns as the population moves towards a rapidly …
Financial Milestones Singaporeans Should Set For Themselves Read More »
How to Survive A Retrenchment In Singapore Economic growth has been slowing and there’s an increasing number of companies currently carrying out retrenchment exercises in Singapore. Some of the reasons stated include company restructuring, displacement of jobs due to automation and closure of business. In such a challenging economic environment, anyone of us can be a …
It might sound crazy, but giving your child their first credit card is a great way to teach him about money. This is a good way to introduce the idea of a credit card, how to use them smartly and managing their own budget/allowance.
Is Your Internet Provider The Best In The Market? Living in Singapore, we may take our fast connectivity to the internet for granted, Do you know that on our tiny red dot, internet speed puts us at within the top 10 in the world? Having said that, a lot of us actually subscribe to broadband …
UOB YOLO Card UOB recently made a splash with their latest credit card offering that has got the internet abuzz, the UOB YOLO Card. No prizes for guessing what YOLO means – “You Only Live Once”. The card is purportedly targeting the millennials, which according to the bank, “will form the backbone of the future …
Apple Pay is a mobile payment and digital wallet service that allows you to link your AMEX card to the Apple Wallet App, after which you can simply tap your phone on the contactless reader at the cashier with your finger on the Touch ID and viola, your payment is made.
Credit Cards With Best Dining Programs Singaporeans are a bunch of foodies – just check out your Facebook feed to see how many photos of food you’ve got from your network visiting new restaurants and cafes every other day. Eating is almost like a national past time! If eating out and indulging in good food …
Refinancing Your Home Loans in 2016 In January this year. The SIBOR and SOR rates hit their highest in seven years. The rates are used commonly to price mortgage rates in Singapore. Spiking rates generally spell trouble for home loan borrowers, as they may find their monthly repayments increasingly higher. Those who …
Four Issues To Think About Before Refinancing Your Home Loans in 2016 Read More »
5 Money Saving Tips For Home Renovations With property cost so high in Singapore, many buyers are often more concerned with their mortgage loans than renovation costs. However, renovation is often an essential part of making your new property a home to you, and home-owners may not take into consideration the hefty costs involved. Here’s …
Tricks Moneylenders Use To Charge You More Fees Late last year, we wrote an article about whether you should consider taking up a loan from a licensed moneylender, given that new rules by the authorities have set a cap to the interest chargeable. Before the new rules, licensed moneylenders in Singapore can charge between 13 to …
Tricks Moneylenders Use To Charge You More Fees – Beware! Read More »
Having Multiple Credit Cards Proves Extremely Useful Do you know that we have some 9.5 million credit cards in circulation in Singapore currently? With bad debts from credit cards rising as well, it is no wonder that some people feel that credit card usage should be avoided, even if they are qualified for card application. …
4 Instances Where Having Multiple Credit Cards Prove Extremely Useful Read More »
Have you just made a recent move to Singapore? Boggled with the different types of savings accounts, credit cards and insurance available here? We understand that it can be frustrating, so here is a simple guide to expat life.
Hidden Credit Card Fees As a financial payment tool, credit cards are a form of convenience that most people are thankful for. There are of course those who see it as a double-edged sword as well, especially if debt on credit cards are not managed properly and plunging the user into an endless abyss of …
An Essential Guide To Singapore’s CPF Housing Grants Property prices in Singapore have been steadily declining and if analysts are right, it’s going to be a long way down. Oversupply of properties, cooling measures such as the Total Debt Servicing Ratio (TDSR) framework and the Additional Buyers Stamp Duty (ABSD) will continue to keep the …
A Smart Home Starts with a Broadband Plan By now, you should have heard of Singapore’s vision towards a smart nation. Essentially, the Singapore government hope to harness infocomm technology, network and data towards building a better living environment, build stronger communities and create more opportunities. While the Smart Nation Vision involves various aspects of …
Do You Own Too Many Credit Cards? Open up your wallet now and count – how many credit cards do you have in it? If you have more than three, it is very likely you are underutilising your cards. While credit cards are not a new innovation, it is surprising how many Singaporeans have problems …
Seven Finance Tips to Enjoy 2016 A new year is upon us and with it comes the desire to do better than the previous year. We all make New Year’s resolutions for all aspects of our life – health, work-life balance, relationship goals – and our finances should be part of that as well. If you’ve …
Understanding Singapore Home Loan Down Payments If only buying a home is as simple as signing some papers and paying a sum of money. Unfortunately, the process to buying a home(even after you’ve chosen the place) is a complicated one, with many processes and fees to complete and pay for. It’s not even just about …