MoneyDigest - Personal Finance, Lifestyle, Money Saving Tips

How To Learn A New Language Without Spending A Dollar

Wouldn’t it be nice if you could easily upload foreign languages by putting microchips to your brain? Okay, maybe it sounds a tad futuristic and creepy too! However, it is not possible – yet.

Fortunately, you can learn to speak a new language confidently in a relatively short period of time. Here are some tips:

1. TAKE OUT THE EXCUSES AND FEARS

In order to learn a foreign language successfully, you must wash away the excuses and fear inside of you. Whether it is fear of making mistakes, fear of being ridiculed or fear of looking stupid, all your worries will only hold you back. Realize instead that communication is designed to understand each other and never to look down upon someone.

2. SET GOALS

Set an attainable and realistic goal to start with. While you are at it, reward yourself for every milestone you reached. For instance, you may begin with learning at least 50 words in 3-6 months. Then, slowly pick up the pace to learn the grammar too.

3. TAKE ADVANTAGE OF FREE ONLINE COURSES

Upon digging through all the free resources in the web, I found that two websites shine from the rest namely: Omniglot and Open Culture. Omniglot has a user-friendly interface that allows you to find the language you desire from the “language index” that is fixed alphabetically. Simply scroll down to find the course links.

Alternatively, you can browse through the collection of featured lessons provided by Open Culture. It consists of 48 languages including French, Mandarin, English, Spanish, and more. Simply download the audio lessons to your computer or music player (mp3 format) to pick it up easily.

4. DOWNLOAD AN AWESOME APP

Want a fun way to learn a new language? Then, download the gamified language tutor App called Duolingo. I am personally in love with Duolingo. More than just learning the basic phrases, it allows you to test your skills in written and spoken language. This is why “Yo entiendo Español.”

Image Credits: pixabay.com (License: CC0 Public Domain)

5. INTERACT IN THE NEW LANGUAGE

One of the best ways to absorb a foreign language is to interact with others. It will teach you naturally and spontaneously to express your thoughts instead of mentally translating every word before you say it.

Sources: 1 & 2

Eternal Benefits Of Waking Up Early

It was 5:30 in the morning and I heard my sister mumbling that she was about to for school. I had two choices: to doze off once more or to wake up and get things done. I chose the latter. And, I do not regret a single thing!

Waking up early has more free benefits that you can ever imagine! You do not have to wake up as early as 5:30 am, just by give yourself more time in the morning (e.g., an hour more) is enough. Pressing the snooze button is no longer an option once you hear the long-lasting benefits of waking up early…

1. PRODUCTIVITY

Waking up early gives you an opportunity to get more things done and to earn more in the process. Furthermore, mornings are usually the time when your brain is most focused and alert. Not to mention, there are fewer distractions in the early hours of the day anyway so you can really achieve more things, smoothly.

Aside from being productive, a biologist in Harvard named Christoph Randler found that individuals who wake up early are more proactive. Other studies echoed his findings and showed that early risers are better at goal setting, planning, and making decisions.

2. BETTER GRADES

A study conducted by Texas University found that students who consistently rise early each day scored better in their exams and overall grades. This is due to the fixed routine and regularly eating breakfast.

So if you are a student, it is best to wake up early than to sleep for long hours and rush to school. Who likes the pressure of hurrying up anyway?

3. MENTAL HEALTH

If treasure relaxation then, waking up early is perfect for you! Early risers have the luxury to give themselves more time to do the things they like such as reading the morning paper, preparing a healthy breakfast, and working out. These things may seem small but it will surely brighten up your mood!

Moreover, studies have shown that “morning people” are generally more optimistic and satisfied with their lives. In fact, Del Suggs who is the author of Truly Leading: Lessons in Leadership, suggests to begin your day with writing down three things you are grateful for. This simple and efficient exercise is rooted from the principles of Positive Psychology.

4. WORKING OUT

As I said, waking up early gives you more time to exercise. And, we all know that exercise either in the morning or at night, has bountiful advantages to your body. By making exercise a daily morning habit, you are able to stimulate energy to your body that will get you ready for the challenges ahead!

Image Credits: pixabay.com (License: CC0 Public Domain)

5. DIET

How many times have you heard the statement: “Breakfast is the most important meal of the day?” Well, it is true.

Skipping breakfast is not recommended because your body needs nutrients to help you concentrate and function throughout the day. Also, skipping breakfast makes you more likely to crave unhealthy food and to overeat.

Your body has been on a “fast” mode all night while you were sleeping and you need to “break that fast” with a serving of healthy food.

Sources: 1 & 2

5 Things To Do When You Lose Your Wallet In Singapore

1. BE 100% SURE

Before you can confirm that your wallet is lost or stolen make sure that you did not just misplace it. Keep calm and carefully retrace your steps. Check if your wallet just fell out of your drawer at work, inside your car, or hidden at the sides of the couch.

Do not hesitate to call or to talk to the people in charge of the place you have recently been (e.g., restaurants or shops). And, if there is still no luck and you are 100% sure that it is gone then, you must proceed to number two.

2. CALL YOUR DEBIT AND CREDIT CARD ISSUERS

If your lost wallet contains your debit, credit, and ATM cards, you must immediately call your bank or card issuer. You will be happy that you acted swiftly and prevented any unauthorized withdrawals at the moment of your loss. Instead of canceling your cards, you must report your cards as lost or stolen. The bank or the card issuer has a procedure that will suspend the card to keep your wealth safe.

Then, you must replace your cards with new ones. According to a Singaporean blog, only POSB/DBS banks will deliver your new ATM card directly to you. While Maybank and UOB requires you to go down to their branches personally. They will require you to present your IC too and if you lost your IC, bring your passport along and proceed to number three.

3. REPLACE YOUR IDENTITY CARD

One of the most important things that you might have in your wallet is your Identity Card (IC). If you lose your IC and it is not stolen then, you may go straight to ICA to get a new one. Otherwise, you are required to have a police report or to present the completed Declaration Form NR 12. Bonded by the law, Singaporeans and Permanent Residents who lost their ICs are required to report it and apply for replacement within 14 days.

Please bring the following documents:

a. One recent passport sized photo (i.e., photo-taking services are available at the 2nd and 4th level of the building)

b. Police report or completed Declaration Form NR 12 if you are a victim of a crime

c. Passport

d. Entry and Re-Entry Permits

e. Malaysian IC (i.e., if it’s applicable)

Be ready to pay S$100 as a first timer. Subsequent losses will have to pay a fee of S$300.

4. FILE A POLICE REPORT TO THE LOCAL AUTHORITIES

Do not take your loss or theft too lightly. You must take this step in order to replace your IC if your wallet was really stolen. Furthermore, it will provide sufficient evidence if you become a victim of fraud or identity theft.

Be ready to answer the police officer’s questions such as:

When and where did you lose your wallet?

What are the articles inside your wallet?

If it is stolen, can you describe anyone suspicious?

Then, keep a copy of the report afterwards.

5. CHANGE YOUR LOCKS IF YOUR KEYS ARE INSIDE

If your keys are missing along with your wallet, you must change the locks to prevent the event of a break in. Even if your wallet was returned perfectly, someone could have easily made a copy of your keys and your information.

Image Credits: pixabay.com (License: CC0 Public Domain)

It is better to be safe than sorry!

Sources: 1, 2 & 3

4 Tips You Need To Know Before Buying A Home As A Single Singaporean

According to the latest Population Trends report, single-hood rates are highest among lower-educated Singaporean men in their 30s and 40s and among higher educated women. It is clearly observable that the number of unmarried Singaporeans have been growing over the years but that does not stop one to contemplate about purchasing his or her own flat.

With the hefty housing prices in the market today, can an individual with an average income really afford a huge investment single-handedly?

To tell you honestly, the answer is YES!

It is possible, but you have to consider these few things:

1. KNOW ABOUT THE AVAILABLE SCHEME AND GRANT

In 2013, the government introduced a scheme that allows first-timer singles aged 35 and above earning up to S$5,000 a month to purchase a 2-room flats in “non-mature” estates. At that year, HDB launched 3,861 flats for sale in Sengkang, Bukit Merah, and Yishun under the Build-To-Order (BTO) exercise.

This relatively new scheme is called Single Singaporean Citizen (SSC). As you are aware of, before SSC, singles could only buy either private properties or resale HDB flats which can be costly! Thus, this will give a great opportunity for all the singles out there that are planning to become home owners despite of their average incomes.

Say you are an unwed Singaporean who just turned 35 a few months ago and you draw an average of S$3,000 a month, you can be entitled to receive the Special CPF Housing Grant (SHG) worth S$10,000. However, the eligibility of SHG is only given to first-timer citizen who is applying for a 2-room flat in non-mature estates. Furthermore, his or her average gross monthly income must not exceed S$3,250.

By knowing the available scheme and grant, one can safely conclude that owning a 2-room flat in Singapore is possible without the need to fork out loads of cash upfront.

2. ANALYZE YOUR BUDGET

Since purchasing a house is probably the biggest financial commitment you have at this point, it must be planned carefully. Before you start looking for a flat in the non-mature estates, know what you can afford as well as what you need to pay for first. Even if you are purchasing a new private property, you will need to reserve extra money to cover repair, taxes, and maintenance. Affordability is certainly a huge issue!

3. PROTECT WHAT YOU OWN

There is a huge sense of comfort and independence in owning your own home wherein you make your own decisions as days go by. Along with that comes the responsibility to take care of yourself. It is important that you have sufficient insurance to cover your health and your life.

Image Credits: pixabay.com (License: CC0 Public Domain)

4. CONSULT THE PROFESSIONALS

As I said before, buying a home is a huge commitment to make. This is why you must take your time and do your research with the available resources you have. Aside from this, it is always a good idea to talk to real estate agents or to consult a financial adviser beforehand.

Sources: 1, 2, & 3

Tidy Up Your Family’s Life In 5 Professional Steps

With a house full of children, life can quickly get a little topsy-turvy! Juggling through the chaos of household chores, family relationships, and work responsibilities can become overwhelming. Luckily, you can adopt a professional system that has been present for centuries.

This system is none other than the “business system”. Businesses, enterprises, and firms are organized because they follow a synchronized structure. Apply this to your home life by following these simple tips:

1. DETERMINE YOUR FAMILY’S CORE VALUES

Core values exhibit what is important in the company and its members. In your case, you must consider what are the important beliefs and morals that you want your family members to uphold. Determine your family’s core values to help guide your every decision. For example, if your family values saving money and hard work then your plans for your next vacation will be based on those values. Furthermore, it will affect how much you will save (i.e., practices) and what you will spend your money on (i.e., strategies).

2. SET YOUR PRIORITIES

Spreading out your energy and time to things that are not necessary can be a waste of your resources. This is why efficient companies set their priorities straight and focus more of their resources on the top priority. Your priorities as a family can be anything that you would like to accomplish in the near future such as exercising together everyday. These priorities are personal and subjective to you.

3. ESTABLISH A SCHEDULE

Most of the firms follow a strict schedule for every employee. Apply this to your family by using a digital calendar to automate your family’s schedule. A beloved digital calendar by most is the Google Calendar, which is available if you have your own Gmail account. Establish a schedule that includes household chores, special events, school works, and etc. You can assign a different color for each child too.

Alternatively, you may use a Microsoft Excel spreadsheet and assign a color and a row for each child. It is best to plan the week ahead by making the schedule every Sunday night.

4. PRACTICE TEAMWORK

Cooperation and teamwork can extend the walls of your home too! Join or organize a parenting group including the other parents in your children’s school. Aside from meeting new people, you can save more money by taking turns in babysitting each other’s children. Use WhatsApp or a private Facebook group to exchange your contacts for emergency purposes and to schedule events together. Taking care of each other’s kids are matters of trust so make sure that these newfound friends can be trusted.

5. REVIEW YOUR PROGRESS

As a whole, you must sit together once a week for at least 10 minutes to review your progress in terms of your priorities, your schedule, and your other issues. Talk openly and honestly.

Image Credits: pixabay.com (License: CC0 Public Domain)

To increase the positivity and the sense of accomplishment, commend your children for their achievements that week (no matter how big or small it may be).

Sources: 1 & 2

Search the site