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 much does a Landed Property really cost?
Landed properties in Singapore are considered scarce in Singapore due to the small land size and high population density. Owning a landed property, especially a freehold one, is a prestige and luxury due to the limited supply. This is a property that is statically reserved for the top 5% earners […]
How much does a Private Condo really cost?
Condominium (Condos) are probably many Singaporeans’ ultimate housing goals given its premium facilities and exclusivity. Whenever we hear someone have brought a condo, the word “million bucks” and “rich” would probably flash across our mind. However, behind all the glam and glitter, there are many additional costs to pay for […]
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 […]
6 Ways to Legally Reduce Your Income Tax Before the Year Ends
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 […]