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Finance, Money

How Much Does a Typical Singaporean Chinese Wedding Cost?

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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 […]

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Finance, Money, Property

Can You Apply for 3-Room and Bigger BTO if You are 55 Years Old and Above?

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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 […]

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Finance, Money, Property

How Much Must You Earn to Afford a Private Condo?

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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 […]

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Finance, Money

How to Start Saving on a $2k Monthly Salary?

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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 […]

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Finance, Money

The Art and Science of Setting Up Saving Goals For Those Who Just Can’t Seem To Save

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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 […]

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Finance, Money

6 Ways to Legally Reduce Your Income Tax Before the Year Ends

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After joining the workforce, I came to know the existence of income tax. Singapore uses a method called progressive income tax whereby higher income earners pays a proportionately higher tax, up to a highest rate of 22%. Income tax can eat into a huge amount of your income if you […]

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