Personal Finance

Financial Missteps Many Experienced Due To COVID-19

The global pandemic has caused recession in many parts of the world. Unfortunately, many Singaporeans found themselves in uncomfortable financial situations. We are slowly recovering with a hopeful heart this 2021. Despite the optimism, it does not erase the effects of the past year. The economic turmoil exposed most of our financial mistakes and vulnerabilities. Here are just some of the missteps that many of us faced in the past several months. #1: DIFFICULTY IN BUILDING AN EMERGENCY FUND Say

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Lifestyle

Important Things To Know About The TraceTogether Token

TraceTogether is a digital system, which the Singaporean Government had implemented to allow for better contact tracing in response to the effects of the pandemic in the country. The system was originally designed as an app and was later supplemented by a physical token due to the low-usage of the TraceTogether app. October 26 (Monday) marked the start of the mandatory use of TraceTogether app or token at all Singapore cinemas. Venues with activities that involve larger groups of people

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Investments

4 Costly Investment Mistakes To Avoid During Pandemic

Investment is defined as the money committed or property owned that is acquired for future income. It has two main classes namely: fixed income (e.g., bonds or fixed deposits) and variable income (e.g., property ownership). The choices you make when investing your money can influence your future. Most of us are unaware of the investment mistakes and other financial missteps that can affect our short-term and long-term financial goals. However, the pandemic has given us no choice but to face

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Personal Finance

Singaporeans Get Financial Support And Frozen Government Loans Amid COVID-19 Pandemic

As you may know, many establishments and livelihoods have been put on hold due to the Coronavirus widespread. Floating in limbo led many Singaporeans to worry about their finances, particularly their bills and household expenses. This level of uncertainty is not limited to our country. It happens all over the world! Moreover, it takes a toll on developing countries whose majority relies on daily salaries and meal allowances to survive. The Singaporean government has put a plan into place. Last

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