Truth to be told, saving money are harder as you grow older. Sure, you earn more as you gain experience in your career and progress forward. At the same time, spendings that you didn’t know existed before start making themselves known. This sometimes make me wonder how do people save money for their retirement and […]
Buying a Car? This is Why We Decided Not To
Car used to be seen as an essential in my adult life when i was young. Especially when the MRT system was not as advanced and extensive, and bus routes were usually ply with many stops, and not all buses are air-conditioned (yes, i lived through that era!), car seems like a luxury to me. […]
How Much Must You Earn to Afford a Landed Property?
Landed property are considered exclusive in Singapore due to the scarcity and the limitations placed upon them. In fact, only Singaporeans and Permanent Residents (PR) of at least 5 years are allowed to purchase a landed property in Singapore. According to a research done by ValueChampion in 2018, only the top 5% of earners are […]
Is the Singapore Saving Bonds (SSB) Still Worth It?
Simply put, the Singapore Saving Bonds (SSB) is a government-backed, almost risk-free investment, where you can get back your investment amount fully with no penalty should you decide to withdraw. How it works Unlike bonds, SSB works similarly to fixed deposit (FD). Every month start, SSB issuance will open for application with a pre-determined interest […]
How much must you earn to afford an Executive Condominium (EC)? [2020 Edition]
It has been a long time since we first published the post on EC affordability and since then, there have been many housing policy changes pushed by HDB in tandem to the thriving economy and the higher selling price of the executive condo (EC). Most notably, would be the rise of the income ceiling of […]
Should You Move Out of Your Parents House?
In Asian countries, It is usually common for children to stay in their parents house before they get married and moved out to stay with their spouse. It is also not unusual for children to continue staying in their parents house after getting married or having kids as the parents can chip in to help […]