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. […]
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 […]
5 ways to make the most out of a weak Singapore economy
It is said that there are always opportunities in every crisis. 2016 did not only start with a stock market crash. No matter you are a business person or an employee, you may have already felt the pinch of a weak Singapore economy. Not so if you have been prudent. If you have robust emergency fund […]
5 things you don't know about Singapore Budget 2016
The Singapore Budget is prepared for each financial year, which begins on 1 April and ends on 31 March of the next year. The Budget will always announce two things: Revised Government revenue and expenditure projections for the current year Planned government revenue and expenditures for the upcoming year. Think about things like GST vouchers […]
How to use Medisave for your maternity expenses
Having a new born baby is the most joyful event in most people’s lives. But we all know the maternity expenses always cost dearly. For the current costs of raising a child, you can check out my recent blog article “Are you spending too much on raising your child in Singapore“. Anyway, in Singapore, you can […]
All you need to know about Foreign Domestic Worker Levy (Maid Levy)
Despite numerous alarming reports, maids have seemingly become indispensable in Singapore. It is no longer a service for the elite. According to a recent study, there are 150, 000 maids registered in Singapore, from keeping house to minding the children to looking after the elderly. Nowadays maid’s salary has been steadily increasing. Besides that, you […]