Savings

Best bank accounts in Singapore

Best Bank Account in Singapore

Hey folks, it’s time to wake your money up! If you have come to this page looking for the best bank accounts in Singapore that offers the highest interest rate, look no further. In a low interest rate environment, everyone should aim to put their savings where their money works the hardest. No doubt it cannot beat inflation, but beside being risk-free, it beats putting your money in a biscuit tin or an account that offers a paltry 0.01%. There are

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Tax & Estate Planning

Do i need a will to plan my estate?

Do i need a will?

Benjamin Franklin once said nothing in life is certain but only two things are: death and taxes. In the unlikely event of your death, have you made sufficient planning so that your last wish could be fulfilled? Dying without a will, also known as intestacy, could give your family and loved ones a hard and frustrating time to sort out what you left behind. (I hope you left assets and not debts) Therefore it is crucial to make sure that

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Investments

How to invest in STI ETF?

How to invest in STI ETF?

The Straits Time Index (STI) is a market-weighted index that tracks the top 30 stocks in Singapore. It comprises of some of the large and well established companies in Singapore such as Singtel, DBS, UOB, and OCBC. As such, it is a general indicator of the performance of the Singapore stock market. Think of it as a basket of 30 eggs. The STI ETF is designed to track the index and replicate the performance of the STI. There are two

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Tax & Estate Planning

How To Pay Zero Income Tax, Legally?

How to pay zero income tax, legally?

When the year is coming to a close, the taxman dress up as Santa Claus and comes knocking on your door. If you have earned at least $22,000 in a year, you will receive a notification from IRAS to file your tax return between February and March. Nobody like to pay tax. Let’s admit it. Fortunately, there is a way to not pay it or reduce the total tax liability payable. No and this guide is not going to teach

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Insurance

Should i buy term or life insurance?

Should i buy term or life insurance?

Congratulations. You have just tied the knot, moved into your new house and plan to start your own family. What’s next? You have also acquired the debts and liabilities of having a mortgage to service and a family to feed. Now the most important question daunt you. What happens if an unfortunate event renders you and/or your spouse incapacitated? Imagine a pillar that gave way and cause the entire building to collapse. It will be a disaster for that to

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