In recent news, there was a report about banks experiencing an increase in the number of home loan refinancing applications. This was because banks have lowered their interest rates on loans that are pegged to the Singapore Inter-Bank Offered Rate (SIBOR). SIBOR is the rate at which banks borrow from one another and because of…
I’ve been writing extensively on pursuing the Financial Independence Retire Early (FIRE) movement and working towards retiring by 50 myself. It can be really tiring as my journey remains a work-in-progress with many years to go. Sometimes, I do ask myself whether it’s worth the effort to continue on this journey. If we look at…
The Invest section of The Sunday Times published an article recently, encouraging readers to keep tabs on their cash flow. They also included a Financial Health Test in the article. As I don’t always read newspapers, I only found out about this when Brian Halim wrote about it on his blog, taking the test to…
Update: A reader was curious how much Daniel had in is CPF Special Account in 2015 before he started topping up his CPF account. Daniel had $64,374 in his Special Account when he started. Last Wednesday, Daniel, a 34-year-old Singaporean wrote a post in Seedly’s Facebook group to share how he managed to achieve the…
How has 2019 treated you? If you have read my self reflection of 2019, I would like to think that I’ve been really privileged to have enjoyed growth in both the personal and professional space. My 2020 goal setting strategy will largely focus on things that worked well for me last year with additional goal…
I found 2019 to pass me by surprisingly fast. I guess when you have most of the things going well for you, time passes by really quickly. As I’m writing this article, I’ve already closed off my work year and am clearing my annual leaves all the way till 2nd Jan 2020. Last year, I…