An annuity is a contract between you and an insurance company in which you make a lump sum payment or series of payments and in return obtain regular disbursements beginning either immediately or at some point in the future (Investopedia). The disbursements can be made for a specific period of time or for the rest…
As the world’s most expensive city to live in, Singapore is not an easy place to plan for your retirement. Retiring in a less developed country could easily accelerate your retirement plans as you would require much lower monthly expenses. If you could retire in another country, where would you go? Having backpacked in many countries,…
Have you started planning for retirement? In the Aviva Consumer Attitudes Survey that was recently conducted, 3 in 10 Singaporeans (31 per cent) over the age of 55 have not yet begun saving for retirement and for those who have started planning for retirement, there was a heavy reliance on their Central Provident Fund (CPF) savings…
I’m so glad that I made it through a full month of expense tracking. Taking a leaf from Mr 15HWW, I started tracking my monthly expenses on an app in my phone. It wasn’t all that difficult to do as opposed to being tedious. It’s all about taking my phone out each time I make…
Affiliate marketing is nothing new. It’s been around for many years and it’s literally the only way some business get customers. I love affiliate marketing because it allows me to make a commission by referring a customer. I don’t have to provide the product or service and customer support. That makes life a lot easier…
I am a firm believer that if you track everything you spend, the knowledge will help you manage your money better. Taking a leaf from My 15 Work Week, I’m also starting to log my expenses on my blog so that it shows my readers, and most importantly MYSELF how I am progressing towards my retirement…