Sometimes, I hear people saying that they want to cut their credit card and be debt free. I feel it hilarious because your credit card doesn’t trap you into debt, your spending patterns do. Credit is like a knife in the kitchen, it is essential to your daily living, though it may hurt you occasionally. […]
What Home Loan Do Singaporeans Take to Finance Their Houses
Are you a homeowner in Singapore? If so, there is a high chance that you still carry a mortgage loan. Do you want to know how your fellow Singaporeans choose their home loan package? How is the current interest rate environment affect your mortgage loan repayment? The last time I urged you to refinance your […]
Retirement Planning: What You Need to Know About CPF Top Up
CPF Life is crucial to every Singaporean’s retirement planning. There are people who protested and demanded the government to “Return Our CPF”, but there are also many people who have good faith in our national pension system and want to top up more into CPF for their own retirement planning. What are the benefits of […]
How Does CPF Life Fit into Your Retirement Planning
If you read a lot about retirement planning, you may have built up some Income Generating Assets such as Real Estate Investment Trusts (REITs) or Retirement Income Plans. But few people talk about CPF Life. This is not surprising because people tend to associate retirement planning with stock and property investments. Many people believe that […]
3 things from Singapore Budget 2017 which you really care about
The information of Singapore Budget 2017 can be overwhelming. But there are really only 3 things most of us will care about. #1 Easier for young couples to purchase resale flats With the skyrocketing HDB price, it has always been hard for the young couples to fork out downpayment for resale flats. If you are […]
3 Best Retirement Plans in Singapore That Can Provide Guaranteed Income After You Retire
When you retire, your employment income stops, but not your expenses. You still got to pay your food, your transport and your health care. If you are not lucky enough, you may still have outstanding mortgage loan to pay. Do you have retirement plans which generate guaranteed passive income to pay off these expenses? […]