MoneyDigest - Personal Finance, Lifestyle, Money Saving Tips

5 Ways To Return To Work And Combat The Post-Holiday Blues

Whether you like it or not, the Holiday Season is almost over.

After a substantial amount of time away from the hustle and bustle of the city, it is time to get back to your “normal” life. Gone are the few days of feast and serenity!

As you return to your regular routines at work, school, or home…you may feel stressed, uncomfortable, and disoriented. This unwanted feeling is called Post-Holiday or Post-Vacation Blues. However, with a bit of conscious planning and other strategies, you can actually ease back to normalcy without feeling its burden.

1. PLAN AHEAD

Instead of having the stress of last-minute preparations, it is best to come back from your overseas trip on Saturday instead of Sunday. The extra day will give you enough time to fix your things, to pick up a few essentials, and to browse your emails. Thus, it will lessen the impact and load of your “first” working day.

2. REVIEW YOUR CALENDAR

Since you have been away for quite some time, you will probably need to be reminded about what is going on. Regularly browse and mark your calendar for the next couple of days to stay updated with the upcoming projects, meetings, and other concerns. By doing so, you will be able to come prepared and avoid the embarrassment of being caught off guard.

3. CLEAN YOUR WORKSPACE

Upon entering your cubicle or desk, you may see stacks of unopened documents, scattered files, and untidy stationery items. Take a few minutes to take it all in. After which have a rubbish bin near you while you filter through the envelopes, emails, and files. Recognize what needs to be junked and what needs to kept. The earlier you complete this, the more time you have for other important tasks.

4. REMOVE DISTRACTIONS

To make your work as quicker and as efficiently as possible, you must remove all the unnecessary distractions such as electronic devices. Turn off your handphone and close your social media accounts for at least 20 minutes.

Use a productive writing tool such as Q10 to allow you to scribe without interruptions from your desktop clutter. Or you may install a free site blocking extension such as StayFocusd. With fewer or no distractions, use your time to focus on the task at hand!

5. SEEK HELP

In the early days of your transition, keeping up with your daily workloads may feel like a circus. Do not fret, as it is unavoidable. Ask for your co-worker or manager’s help. A well-staffed business should be more than capable to assist or even absorb your task.

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

Remember, you do not always have to do everything by yourself!

Sources: 1, 2, 3, 4 & 5

Money-Saving Fashion Resolutions You Must Keep

1. RECYCLE MORE OFTEN

You can recycle your gorgeously patterned old clothes by sewing it into pillowcases or teapot covers. On the flip side, you can accept mint condition hand-me-downs from family and friends especially those who have baby clothes or infant toys. Do not be too picky! These said items are not utilized a lot since babies grow significantly every day anyway.

2. REFRAIN FROM USING CARDS

A surefire way to save money while shopping is to leave your credit cards at home. Only bring the substantial amount of cash you saved up for rewarding yourself. By doing so, you will only be purchasing things you actually afford!

3. GO BACK TO THE BASICS

If you are aiming to make your affordable clothes appear lavish, it is best to go for the basics and to avoid handbags or clothes that are filled with bargain embellishments or distressed denim patterns. If you want to accessorize, opt for a thick bracelet rather than stacking three little ones to increase the outfit’s impact. Remember: the sleeker and simpler – the better.

4. GET FIT

No! This does not involve spending countless hours at the gym. Instead, it involves purchasing the fitting size for your blazers, bras, hats, and so on

Purchasing the right size entails not having to exchange or return the product. Thus, it will save you effort, time and money. Take advantage of the sales employees who are happy to help you as you fit. Once you found the best size and brand to your physique, become a loyalist (e.g., join their loyalty card program) to enjoy discounts and other perks!

5. DRESS IN MONOCHROME

Since splashing yourself with every color on the rainbow can look cheap, wear one shade or color from head-to-toe. This creates an illusion of supreme quality. For example, you can wear the different shades of black, from Jet-Licorice, to look slimmer and more fashionable.

6. SHOP AT THE RIGHT PLACES

Shopping at the right places brings value to your buck! For instance, if you find yourself blessed with a baby this 2016, consider purchasing stylish and inexpensive maternity and nursing clothes from online shops such as Mummy’s Secret and My Little Angels Maternity. Mummy’s Secret, with a price range of S$9.99-30, offers a wide array of youthful-style clothing line that is as cute as those sold in Korean or Japanese shops.

http://www.99ms.com.sg/maternity/maternity-wear

Image Credits: 99ms.com.sg/maternity/maternity-wear

While My Little Angels Maternity offer diaper bags and infant wear with socks as low as S$2.90!

Sources: 1, 2, & 3

Key Disadvantages Of Working From Home

Working from the comfort of your own home may sound like a dream come true. However, just like any other working conditions, it has its disadvantages. Be completely honest with yourself and consider these disadvantages before you take the leap!

INCREASE IN UTILITY COSTS

One of the inescapable costs that come with working at home is utility. And if you are inside your home 24/7, it can cause the bills to shoot up!

This is why you should make it a habit to conserve energy through simple strategies such as scheduling your air conditioning use, reducing indoor heat by painting your rooms white, or working at the brightest part of the house.

DECREASE IN SOCIALIZATION

Since most people meet new people and make friends in the workplace, professionals who are working from home may experience loneliness, isolation, and depression. As they are plucked away from your previous co-workers and bosses, staying in touch with them is a must! In fact, Global Workplace Analytics showed that teleworkers who maintain consistent communications with traditional co-workers and bosses find career impact to not be an issue.

You can also use social media or join Yoga groups, photography clubs, or other types of support groups to creatively meet new people whom you share the same interests with.

INCREASE IN DISTRACTIONS

Distractions from accessible electronic devices, noisy family members, and many household tasks can be very disruptive. Sometimes these distractions can draw you away from your career responsibilities and later lower your income. Thus, keep your focused by turning off your devices or by using free Website blocking applications such as SelfControl (for Apple users) and SelfRestraint (for Microsoft users).

Also, use your home office space solely for making projects and crafting items so your brain can associate the space to automatic “work mode”.

DECREASE IN PERSONAL TIME

Based on personal experience, there will be days when you are tempted to work any time when you are hired to work from home. The lack of a management enforcing strict working hours and the lack of physical separation between home and work may add to the pressure of working endlessly.

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

So if you are under one company, consider setting your daily hours to avoid phone calls and emails that are conflicting with your personal time. Working from home requires time management and organization skills that not everyone has!

Sources: 1, 2, & 3

How to Thrive in the World’s Most Expensive City

It’s common for Singaporeans to complain about the rising costs in this country, especially when Singapore has stayed on the charts for world’s most expensive city two years in a row. You can even call it a favourite pastime of residents and foreigners living here.

While it’s amazing how we’ve growth so much in a short span of time, it’s also taking a toll on us mere mortals, who can only dream about being one of the countless millionaires choosing to live here. We work hard, but it seems like we’re not going to see much increase in salary or bonuses in the year to come.

Still, it’s not impossible to save money in Singapore. The SingSaver team recently pulled together tips that have worked for us and published them in a free eBook, “100 Ways to Save Money in Singapore”. From shopping to dining out to general tips, we’ve covered every aspect of typical expenses the average Singaporean has.

Here’s an excerpt from their eBook:

Know Where to Save

Stuffing your money in a pillow is as good as losing it. Due to the inflation rate (about 3% per annum in Singapore), your cash is worth less each year.

Always compare the different rates between fixed deposits, or products such as Singapore Savings Bonds (SSBs), before deciding where to store your money. You will want the highest interest possible for your deposit. Speak to a financial advisor about the best options, as they change on an almost weekly basis.

Keep the Expense Ratio Below 40%

Your expense ratio is your necessary expenditures compared to your monthly income.

For example: say you earn S$3,000 a month. You have to pay at least S$300 a month toward utility bills, your phone line, loan repayments, etc. Your expense ratio is thus 10% (S$300 / S$3,000).

You should put a freeze on expenditures that raise your expense ratio above 40%.

Pay with an Optimised Credit Card

Dining with friends? Pick a credit card with the best rewards or cashback for the restaurant, then place the entire bill on it. After that, collect your friends’ shares in cash. Because the card is giving you a discount in some form (cashback, more reward points, vouchers, etc.), you will usually save money.

***

There’s a lot more where that came from. If you want to save more or just want to cut down on your expenses, this guide will help you. Well, it’s definitely helped us.

Download your free copy of “100 Ways to Save Money in Singapore” here.

(This is a guest post by SingSaver.)

Create An Irresistible Window Display To Improve Your Sales In 5 Ways

When you walk pass a shop at Orchard Road, the window display is the first thing that leaves an impression on you and other potential customers.

Visual merchandising, that includes window dressing, is an important tool to engage the customers to go inside and to encourage them to purchase more. Thus, it optimizes the product presentations and the market sales. Aside from this, the significance of window dressing is more than improving sales – it is about building an image!

That said, here are 5 ways to create an eye-catching window display:

1. CHOOSE A THEME

As you are planning your window display, choose a unified theme or message you want to convey. For example, since 2016 is the Year of the Monkey, dress the mannequins with glittery or formal outfits perfect for the parties then fill the backdrop with banana trees and monkeys hanging around them.

Image Credits: displayhunter2.blogspot.com

This uniquely festive jungle theme surely caught some eyes!

2. SHOWCASE A VISIBLE SIGNAGE

An effective signage can bring customers that both walk and drive by. Get the attention of passing motorists and shoppers by making your display larger and by making the colors contrasting.

For example, it is advisable to use yellow background especially with black lettering to convey an informative message as it works best in visually crowded environments. It can also be used with contrasting colors of red and blue.

3. BE DIFFERENT

People love to snap and share aesthetically pleasing places and products on Instagram, Facebook, Twitter, and other social media platforms. Thus, to get noticed and to bring more people in the shop, dress your window in a non-traditional fashion. Put your mannequins upside down or have a music festival backdrop – your imagination is the limit!

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

As window displays change frequently, you must not be afraid to try new ideas and new themes.

4. MAKE A CLEAR FOCAL POINT

Remember those commercial advertisements that stick to people but they forget the product itself? Do not make the same mistake with your window display!

Highlight the products you want to introduce or to feature by strategically grouping products together. For example, if you are featuring a huge tote bag, group it together with smaller purses so it can stand out. When dressing your window, ask yourself where you want the shopper’s eyes to go first and what you want them to view next.

5. BE BOLD

Debbe Hamada, owner of Tilde shop, makes sure that her window display can be see from a distance even though she usually spends less than S$42 (US$30) on it. She uses bold colors and shapes to attract more people in. In fact, 2 out of 10 customers go inside simply because they have seen something colorful in their windows.

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

You do not need to be crafty to make a bold statement, simply put the most vibrant products together and create a structure with it such as a pyramid or a diamond.

Sources: 1, 2, 3, & 4

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