We have crossed the first half of 2015 and I felt that it’s worth looking back at how my life has changed after starting this blog. I started tracking my expenses in October 2014, just a few months after starting my new job. Expense tracking was tedious but I got used to doing it. I…
July is the month where all hell broke loose in terms of budgeting because I spent 3 weeks of the month out of Singapore. 2 weeks was spent in Taiwan, backpacking from Kaohsiung to Taipei and 1 week was spent in Melbourne, Australia on a business trip. Before the month started, I wasn’t too worried…
June was a life-changing month for my financial lifestyle. On top of just tracking my expenses, I started to budgeting with a You Need A Budget (YNAB) trial account. Tracking my expenses is one thing, but budgeting is a whole new ball game and I will write about that in another post. Since we are…
Everyone’s situation is different. The data from World Bank shows that Singapore has a gross savings rate of 47%, one of the highest in the world. Gross savings are calculated as gross national income less total consumption, plus net transfers. Considering that the average working Singaporeans before the age of 50 contributes 37% of their monthly salary to their…
May came and went rather quickly for me as I focused on my work. The team I was in now reports to a new head so that means we’re back to the drawing board to align on goals and objectives for the year. Here’s some great news! Starting from this month, I’m receiving a pay…
Let’s do a quick recap. Last month was the 6th month of my expense tracking adventure and I created a 6-month Mickey Moving Average Expense Index (MMAE Index) that tracks my average expenses for the past 6 months. I also added arrows to each expense category to show if this month’s expense figure in that…