You can’t live a modern financial life without credit. Having access to “credit” is your ability to obtain goods and services before you pay for them, based on the trust that you will make payment in the future. You may not realize that you have probably used credit many times in your life. For example, […]
Credit Card or Personal Loan: Which One to Choose When You Need the Money
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 […]
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 […]
3 Credit Mistakes You Must Avoid in Retirement Planning
When you think about retirement planning, your focus is always on building your retirement income to secure financial stability for your future. But will you be keeping a close watch on your credit reputation? It can make a lot of difference. Credit is an interesting thing. Some people think they have too much of it, […]