Savings

Li Chun 2020: The Most Auspicious Time To Deposit Your Money On Li Chun Day (4 Feb 2020)

Lichun traditionally signifies the beginning of spring in East Asian cultures. Chinese New Year is celebrated around this time. Farmers often celebrate the beginning of Lichun with special village events, worship and offerings to the gods and ceremonies for a blissful and prosperous new year. In China, people eat chūnbǐng (春餅) on this day. In Singapore, there is a practice of depositing money into bank accounts on Lichun which many believe will bring them good fortune. This year, Li Chun falls on February 4,

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Savings

Why Is It So Hard To Save?

With the surge of expenses from left to right, many find it difficult to save money on the side. The difficulty arises not only due to the lack of self-control, but also due to our perception. Harvard Economics Professor Sendhil Mullainathan tells CNN Money that “it is human nature not to save, but we can get better at it”. #1: ACCEPTANCE The first step to building your savings is acceptance. Accept your current financial situation and today’s economy. Whether you

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Savings

OCBC Bank is giving you S$108 cash credit for every S$10,000 fresh fund deposited. (Valid till 30 Jun 2019)

Save and get $108 cash credit for every S$10,000 in fresh funds deposited. Simply deposit fresh funds into a Passbook or Statement Savings Account. Funds will have to be maintained for 8 months to qualify. Head down to any OCBC branch to enjoy this promotion. Offer ends 30 June 2019, or while stocks last. Terms and Conditions apply. For more information, click here. Screengrab from OCBC page What you need to know Interest Rates Eligibility Singaporeans, Singapore PRs and foreigners

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Savings

Surefire Ways To Save Money As A First Time Parent

Congratulations on becoming a new parent! Welcoming another human being into this world can change your life in many ways. Most of these changes are for the better. While, some changes are challenges too. I am referring to the hefty price tag attached to child-bearing and child-rearing. You have to spend about S$8,000 to S$18,000 a year for that. You read that right! You will be spending five figures on groceries, clothes, toys, diapers, hospital visits, and daycare. With a

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