Personal Finance

How To Spoil Your Wealth As A Singaporean Millennial

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Prove how wrong the older generations are! Being relatively young does not necessarily equate to ignorance and carelessness. Exude financial readiness by avoiding these scenarios: BY BEING TOO CONSERVATIVE Millennials have a distinct currency that many people cannot afford to lose – time. The more time you have, the more powerful the compound interest is. The only problem is that many Millennials are too risk averse. Why is this so? Well, they had experienced at least two financial crises in

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Personal Finance

Answering Five Awkward Questions About Money

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How often do you have a chance encounter with a person who is innately savvy with money? Not so often, right? Personal finance is not exactly a part of the school’s curriculum. This is why you must be open to discussing about proper money management. No matter how embarrassed you may feel, here are some questions that many Singaporeans are eager to know. #1: HOW CAN I MAXIMIZE MY SAVINGS DESPITE LIVING FROM PAYCHECK TO PAYCHECK? Tackling the overwhelming bills

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Campaign, Credit & Loan

Get up to S$600 worth of vouchers (NTUC, Takashimaya, etc) when you apply for any of these credit cards!

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There’s no better time to apply for a credit card. Forget road shows –  for the first time ever, you can receive up to S$600 worth of NTUC, Takashimaya, CapitalandMall and TungLok vouchers in addition to the bank’s sign-up promotion when you sign up for any of these credit cards. Whether you want to enjoy cash back or accumulate miles, credit card when used responsibly can be a way to stretch your dollar further. Wouldn’t it be great to save a little

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Savings

How Much Cash Should You Keep In The Bank?

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You are a responsible adult living in the most expensive city in the world. With this in mind, how much money should you have in your savings account? This may sound like a basic financial query, but it is hard to extract a straight answer from it. Make things simple by aligning your goals with the volume of your savings. Here are just some goals that you may tap with: GOAL #1: BUILDING A SAFE NEST FOR THE GOLDEN YEARS

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Savings

Why You Should Not Keep Your Entire Wealth At Home

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Not every Singaporean believes in the prowess of financial institutions. There are some people who prefer to hide their wealth in a personal safety deposit. If you are one of these people, take time to introspect. What is the real reason why you keep bundles of cash at home? Do you foresee a need in the near future? Lacking immediate reasons why you need the money highlights that stashing your cash at home is not necessary. Do not get me

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