Why it makes sense to contribute to the SRS account (to a certain extent)

SRS Account Singapore

Supplementary Retirement Scheme (SRS), as the name suggests, is a plan designed to help fund your retirement besides the CPF. It forms one of the multi-pronged approach by the government to help tackle the problem of a silver tsunami that Singapore is facing. SRS is a voluntary scheme which offers tax benefits in the form of a tax relief for every dollar you contribute up to a maximum of $12,750 per year. There is no minimum amount and you are


Career and Enterprising

6 Ways to Save Money as a Yoga Teacher

Various people have an impression that Yoga is expensive or that Yoga is only for the elites. Compared to a monthly gym membership, perhaps Yoga can be considered expensive. Clothes, mats, and other props can be costly. But, if you prioritize the practice of awareness rather than flaunting for fashion then you may find yourself saving a lot more. As Yoga teachers, you get to immerse yourself deeper in the practice and its doctrines. You become less interested in wastefulness



7 Deadly Investment Sins

The definition of INVESTMENT is as follows: it is money committed or property owned that is acquired for future income. It has two main classes namely: fixed income (e.g., bonds or fixed deposits) and variable income (e.g., property ownership). Mark Tier, the author of “The Winning Investment Habits of Warren Buffett & George Soros”, argues that they are seven deadly investment sins that unwary investors make. What is observable with these so-called sins is that they are all irrational investment


Credit & Loan

Undestanding the Total Debt Servicing Ratio (TDSR) in Singapore

TDSR Singapore

If you are planning to buy your first property, you will be made to get accustomed to a term call “TDSR” or Total Debt Servicing Ratio (besides SIBOR, LTV and the likes) introduced on 28 June 2013. Not surprisingly, 1 in 3 home buyers are not familiar with how the TDSR works. TDSR is one of the 8 rounds of property cooling measures enforced the the Monetary Authority of Singapore (MAS) since the financial meltdown of sub-prime crisis in 2008. It has


Lifestyle & Hobbies

5 Affordable Beauty Hacks You Must Try Now

When you are caught in a beauty dilemma, you need a quick solution! In order for fast action to happen, health care products that are already available can be used. Here are 5 Affordable Beauty Hacks that can make your life easier… 1. FOR YOUR SHINY FACE To deal with your shiny face, you may use hand sanitizer or Sticky Notes (e.g. Post-it). Hand sanitizer has “dimethicone” that smoothens the skin like a primer and provides a protective coat locking