Personal Finances Archives

Finance Babbles, Personal Finances, Property

How much must you earn to afford an Executive Condominium (EC)?

October 18, 2018 No Comments

Hundred Palms EC sold in a matter of hours! Wow! This makes Hundred Palms EC the most oversubscribed executive condominium in history. In fact, it was sold out so quickly that it makes me wonder if the price of the EC is so cheap. Which in actual fact, isn’t. The prices for typical units started from […]

Finance Babbles, Personal Finances

6 Ways to Legally Reduce Your Income Tax Before 2017 Ends

October 4, 2017 No Comments

After starting to earn money, 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%. While I’m earning kachang puteh now, being new to the workforce, it doesn’t deter me from trying to reduce […]