Earlier this month, Singaporeans were taken aback when we were told by the Public Transport Council (PTC) that there will be a fare hike of 2.8 per cent in April 2015. It was no surprise that it was met with public outcry when the fare adjustment did not tally with the price of crude oil which has plummeted from $110 a barrel to $45 a barrel. Gas price has in fact fallen for a record of 17 consecutive weeks as
Luxury items are typically symbols of status and wealth. When we see one walking down the street with, say, a Chanel Classic bag, onlookers would definitely label her with words like ‘classy’, ‘stylish’, ‘rich’ and the like. Such bags have a wide range of prices depending on the novelty of the brand, how famous the designers are, as well as the material cost that has gone into the product. Every brand boasts quality in their products, justifying the prices and
According to DEBTSteps.com, envelope budgeting or envelope system is a popular way of maintaining a budget. It starts by storing the cash into separate categories of household expenses that are allocated in separate envelopes. 1. TRACK YOUR LAST MONTH’S SPENDING PATTERNS One of the first steps that you have to take is to analyze your spending patterns, variable expenses and fixed expenses (i.e., monthly electric bills). Fixed expenses remain the same every month (e.g. Hand Phone Plan, or HDB Rent).
A couple from America has consciously decided to look into their expenses and pay off their US$27, 000 (S$36, 474) worth of debt in just 6 months. Jackie or better known in social media as The Paleo Mama and her husband sat down to discuss their finances since they were supposed to buy a house. If they are going to pursue in buying the house, they will get themselves wrapped up even more in debt. They found out that they
Aside from your wedding or your house, a car is one of the biggest investments you will make in your entire life. You do not want to pay more that what the car is worth or get stuck in paying your car loan. This is why it is paramount that you do it right. 1. TIME IS ESSENTIAL Due to working hours, circumstance, and quota system, the best time to shop for a car is on the last weekdays of