What is budgeting? Budgeting refers to the act of planning how you spend your money. Just as how Singapore sets aside budget to address various social issues for different groups of people, individuals like yourself can also allocate different amounts of money to different uses. How can budgeting help me …
6 ways you can reduce the cost of owning a car in Singapore
Owning a car in Singapore is costly – the most expensive in the world even. There has been estimations and assumptions that you’d need to be earning at least $7,500 a month to be able to afford a car in Singapore. That might not necessarily be true. There are ways to lower the costs of …
How To Maximise Your Debt Investments
Maximising your Debt Investments By using the concept of compound interest, you can maximize your returns by reinvesting the repayments from your investments. Investors receive repayments in the form of a monthly or bullet basis depending on the product invested. Therefore you can compound your returns by reinvesting the repayments …
Partnerships: The secret behind FinTechs serving SMEs better
Partnerships are gateways that equip fintechs with a more efficient and holistic capability to better serve SMEs. They are a tool to build and streamline fintechs’ internal processes as well as level the playing field in the competitive and rapidly evolving fintech landscape. We know that partnerships are the way …
3 things SMEs need to know about Virtual Credit Cards
Virtual Credit Cards for businesses have been on the rise globally. Accenture projects virtual card spend to grow to US$355 billion by 2022, up from US$136 billion in 2017, marking a 21% compound annual growth rate (CAGR). Further to that, Juniper Research found that business-to-business (B2B) virtual cards will account …
How Much Should You Pay For A Home Renovation In Singapore?
With the high levels of home ownership, undertaking a home renovation is a rite of passage for most Singaporeans. In fact, there’s a high chance home renovation will rank among the top 5 expenditures in your lifetime. So how much should you expect to spend on your home renovation? What …
10 things to do in Singapore with just $20
Running out of things to do in Singapore? About three-quarters of adult Singaporeans, or 2.2 million people, have not used their SingapoRediscovers vouchers which expires on 31st December. Here are 10 cheap things that you can do in Singapore with $20 or under, many of which are redeemable with the …
How Much Do You Need To Buy Your First Home In Singapore?
We’ve simplified the 2021 prices for a BTO flat, Resale flat, Executive Condominium, and Private Condominium in Singapore. If you’ve been thinking about buying a flat in Singapore, you might have felt confused and overwhelmed about the fees and costs involved. In this article, we get down to brass tacks. …
5 Personal Finance Tips for Fresh Graduates
Congratulations on becoming a citizen of the world (and jumping headfast into personal finance for adulthood)! After countless nights of hitting the books and the library becoming your second home, you have finally graduated from the journey of formal education. We don’t mean to burst your bubble but here is …
Debunking 5 Common Myths About Credit Cards
Have you heard those around you saying “you only need one credit card” or “a card with an annual fee is expensive”? If you find yourself agreeing with any of these statements, you may be falling into the trap of common credit card misconceptions. When used responsibly, credit cards help …