Personal Finance

Why having some form of debt is not always a negative

a miniature house with a key

You’re not alone in feeling bad about being in debt. Many people struggle every day with the weight of their debt. But what if we told you that debt doesn’t have to be a bad thing? Believe it or not, there are benefits to having some form of debt. Below, we will outline a few of the more significant ones. We hope this information will help you see your debt in a new light and give you the strength to

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Campaign, Credit & Loan

Get a FREE Ergotune Classic Ergonomic Chair (worth S$399) when you apply for HSBC credit cards from now till 31 Jan 23

There’s no better time to sign up for a credit card. From now till 31 February 2022, get a free Ergotune Classic Ergonomic Chair (worth S$399) when you apply for selected HSBC credit cards below. The chair comes with 7 points of adjustment to support your body in the most important places – perfect as you work from home! If you do not need an ergonomic chair, you can also opt to receive a Sony Linkbuds WF-L900 + S$100 Cash

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Personal Finance

Inflation Heavily Affected These Items Last 2022

Singapore’s inflation may have eased slightly in November 2022, but the Monetary Authority of Singapore (MAS) warned of prolonged pain likely to linger. Risk factors pile up to the nation’s financial vulnerability in the corporate, banking, and housing sectors. MAS stated, “Amid weakening external demand, the Singapore economy is projected to slow to a below-trend pace in 2023.” It added that “Inflation is expected to remain elevated, underpinned by a strong labor market and continued pass-through from high imported inflation.”

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Investments

Markets are down, time to trade?

2022 has undoubtedly been a tough year for equity markets with global indices such as the S&P 500 down approximately 18% year to date. A falling market can present interesting situations to different investors, and some would now see the glass as half-full. For instance, they may view cheaper valuations as a safety net that offers a larger margin for error. For investors who are thinking of starting their trading journey now, they can consider exploring with OCBC Securities. A

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Personal Finance

How To Save Money When You’re Single

Managing your finances as a single man or woman has both its advantages and disadvantages. As such, you have the freedom to choose how you intend to save or spend. On the other hand, married individuals have the safety net of a second income. The benefit of managing your money when you are single is freedom. There is no one else to check in if you want to spend your Christmas bonus on a trip to Europe. Complete freedom cannot

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