Are you kidding me? 31%?
In fact, you (very likely) have more CPF than cash savings
So, how does that affect me?
- CPF investment scheme: investing OA and SA account
- Transfer savings from OA to SA account
- Voluntary cash top up to SA account
Now that a brand new year has started, this is the time where many people typically decide to improve their personal finances as part of their New Year’s resolutions. One popular savings challenge that has been attempted for many years is the classic 5…
Check out this NUSWhispers post from a girl who’s torn between two guys: Guy A: A rich gentleman who drives a BMW and wines and dines her at restaurants Guy B: Her boyfriend who’s serving his NS and prefers saving money On the surface, it’s easy to judge the girl for even thinking of leaving her current boyfriend. How ungrateful! He’s doing […]
Last year, I gave out a free financial pack to readers, challenging you guys to kickstart your financial journey and make 2016 the year you got your finances in order.Over hundreds of you emailed me asking for the list of resolutions, with some of you …
The Dogs and Puppies of STI is an annual blog series that I try to update at the start of every year. It can be very time-consuming to crunch all the data and analyse their performance relative to the STI, especially since there is only a very short ti…
"One of the
funny things about the stock market is that every time one person buys, another
sells, and both think they are astute." – William Feather.
This is my first blog post in 2017 and would like to update
my portfolio & holding. I will try not
to justify my buy and sell here as above quoted , every sell and buy have their
own story or narrative and justification behind that and the
2016 will be a critical year in my life as I began to take a more active approach to achieving my financial goals. Let’s analyse evaluate how I fare for savings and set new goals for 2017.
Quick reminder to self is to maintain a positive working attitude and to grab opportunities as they come along.
At the same time, I should really start seeking alternate income to supplement this main income stream. One area is my investment journey which I have embarked on in 2016.
Possible source of additional income to hit this milestone are from the annual increment (est. 2-3%), hopefully higher bonus from better work performance, and from new sources of income (no concrete plans yet ><).
Subsistence expenses includes the ‘must-have’, like lunch/ dinner, groceries, hand phone bills, transportation, and Wifi + cabled TV subscription (I know some of us may not agree that cabled TV is a subsistence expenses).
Lifestyle expenses, on the other hand are the ‘good-to-have’, including spending due to personal expectation in certain quality of life (e.g. dining at restaurant) and possession (e.g. to have the newest phone model).
The rest of the spending are collectively classified under Others, such as contribution of wishing (e.g. wedding red packet), donations, treats for friends and families, etc.
With 2016 coming to a close, I decided to take a look at how I fared this year and whether I had met the financial goals I’d set for myself.When I first started this blog as a financial notebook to keep an account of all my learnings on this personal f…
As we near the end of the year, it is the time we recap the major news that occurred during this period. It is probably not a very good year. We started with Zika and ended with President Barrack Obama leaving the White House (bad to worse). But of c…
Hello Everyone! This is my first post on this newly created blog.Why I started this blog?As a wise man once told me, “if you can’t write down your ideas/ plans in words, then you don’t know what you are thinking/ doing”. So TA-DA! I hope this blog crea…