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…
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…
For the past few weeks, I’ve started packing lunches to work. There were quite a few reasons for me to do this. My office area only has a few reasonably-priced lunch and I don’t fancy myself dining in restaurants that often. It is also for health reasons as home cooked meals are definitely much more nourishing…
OCBC has just announced new updates to the bonus interests offered in their OCBC 360 accounts. You can read the details below but in short, it’s bad! The OCBC 360 account is a textbook case of showing how many hoops consumers would jump through for bonus incentives. It’s a win-win situation for both consumers and…
The Singapore government has always been encouraging the spirit of philanthropy and giving and one of the best policies that was implemented was giving tax deductions for donations made to a tax-deductible charity. Since 2009, qualifying donations have been entitled to a 250 per cent tax deduction. There are a few ways to reduce taxable income in…
In late December, my employer finished shifting our office from Suntec City to a new office building near Kallang. That meant my journey on the MRT becomes longer and rides will be more expensive in order to get to my new office. I wasn’t too happy about that so I decided to find out if there is other alternatives for…