Apart from the age old argument of whether to pay off your loan early, another age old argument between Singaporeans is whether you should be using your CPF for paying off your home loan installments. One side argued that you should keep it to accumulate interest for your retirement plans, […]
How Much Does a Typical Singaporean Chinese Wedding Cost?
Singapore weddings are notoriously know to be expensive, with many “guides” written to advice the ang bao rates to give for the invited friends and families. This is so that you can cover the costs of your seat of that wedding lunch/dinner, and also a little extra to defray the […]
Can You Apply for 3-Room and Bigger BTO if You are 55 Years Old and Above?
This seems like a simple enough question to answer, but when I ask around, no one seems to be able to answer that. Curiosity won over and I jump in to research on this question. Long story short: Yes you can, as long as you have not owned a subsidised […]
How Much Must You Earn to Afford a Private Condo?
According to a global ranking , Singapore has the 2nd most expensive housing market in the world. If you are staying in or owning a condo in Singapore, it is a big deal. It is especially so if you are staying in one that is near the city area or […]
How to Start Saving on a $2k Monthly Salary?
Accordingly to the 2019 Graduate Employment Survey (GES) survey conducted by the Singapore polytechnics, the median monthly salary for graduates is hovering at the $2k range. If we consider CPF deduction, the take-home pay will be around $1.6k. The amount looks decent enough to adult, but how is it that the […]
The Art and Science of Setting Up Saving Goals For Those Who Just Can’t Seem To Save
A new year always calls for new year resolution. Realistically, it is always about losing a few pounds, reading a couple of good books, or making saving plans to get that new PSP launching in 2019. Well, we also know how fabulously well our resolution turns out when 2019 rolls […]