Personal Finance

5 Things To Consider When Switching Banks

Before you finalize your switch from one bank to another, ensure that you understand what you are signing up for. Here are five questions you need to answer before you decide. DO YOU WANT A HIGHER SAVINGS ACCOUNT INTEREST RATE? You get what you think you deserve. If you are earning nearly nothing in your savings account then, it is worth evaluating the alternatives. Moving your funds elsewhere makes sense only when you can earn significantly more in another account.

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Personal Finance

How To Spoil Your Wealth As A Singaporean Millennial

Prove how wrong the older generations are! Being relatively young does not necessarily equate to ignorance and carelessness. Exude financial readiness by avoiding these scenarios: BY BEING TOO CONSERVATIVE Millennials have a distinct currency that many people cannot afford to lose – time. The more time you have, the more powerful the compound interest is. The only problem is that many Millennials are too risk averse. Why is this so? Well, they had experienced at least two financial crises in

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Lifestyle & Hobbies

Trending Instagram Hobbies Within Your Budget

Where else can you showcase your coolest talents, delicious meals, cutest pets, greatest adventures, and oddest interests better than at Instagram (IG)? As I browse through my IG feed, I noticed these 5 hobbies that are within each individual’s tight budget: 1. EDITING Some people are naturally gifted with visual arts while others see it as a hobby that they have to practice. If you want to share your beautiful memories captured on portraits, showcase your photography and editing skills

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Investments

Everything You Need To Grasp About Compound Interest

As an investor, the longer you keep your money on the account, the more you will make out of it. Elevation of your wealth each year is possible because of COMPOUND INTEREST. With Compound Interest, you will not only earn interest on your principal deposit but also on any interest that is credited to your account. It helps your money to grow at an accelerating rate! To better understand the concept, here is an illustration: Say you invested S$50,000 to

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Lifestyle

4 Amazing Ways To Use Social Media To Save Cash

Bring your social media craze to your advantage by exposing yourself to its opportunities. “Liking” the Facebook page of your favorite airlines is just one way to save cash when you shop. Other than that, here are 4 Amazing Ways To Use Social Media To Save Cash… 1. GET FREE PRINTOUTS AND TUTORIALS You do not need to spend S$5 for a decent looking greeting card, all you have to do is to browse through the free printouts available on

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