How to Cut Your Expenses in Half and Still Live a Comfortable Lifestyle

As you strive to keep up with the vibrancy and dynamism of the Singapore workplace to sustain your daily needs, being intentional with your budget is crucial. Cutting your expenses in half while maintaining a comfortable lifestyle is achievable. Here are some hacks to help you save money and reduce your expenses. #1: PREPARE HOMEMADE MEALS At the onset of the pandemic, I started learning how to cook. Eating out can be costly, and making my meals at home helped



6 Tips to Improve Your Credit Score in Singapore

A credit score is a measure of your credit behavior, predicting the likelihood of you paying back loans on time based on information from your credit reports. In Singapore, credit scores are determined by algorithms that track credit usage. Credit scores are ranked according to the following risk grades: AA is the highest, while BB or CC indicate late repayments or delinquency, and DD or lower indicate defaults. The credit score risk grades are as shown below. You can easily


Personal Finance

Surefire Ways to Make Your Money Work for You

Money is a strong tool that can help you achieve your goals. It can provide stability for your family and allow you to save towards important milestones. To achieve these things, you must know how to make your money work for you. Making money work for you pertains to using money to make more of it. Your financial decisions can guide you through this. Start by learning how to budget! #1: LEARN TO BUDGET Change the way you handle money


Marriage & Family

4 Tips to Deal with Debt When Married

“Home life ceases to be free and beautiful as soon as it is founded on borrowing and debt.” – Henrik Isben One of the most common issues that individuals bring into a marriage is debt. Money is high on the list of topics that couples fight about, and it is the among the top reasons why couples get divorced. Financial issues increase marital discord and stress. If you are worried about marrying someone with debt, you must realize that you


Credit & Loan

Personal Debt Among Young Singaporeans Soars During Pandemic

Personal debt among young Singaporeans have been rising during the COVID-19 pandemic and the situation could turn sour once the interest rates start to rise. Recent Credit Bureau Singapore data showed that people in their twenties have been taking on increasing amounts of other debt since the second quarter of 2020. The data manifested that the average personal loans and overdraft balances for those under 30 elevated by about 23% in the first quarter of this year over the last