Recently, I attended a parenting course organized by my neighborhood community center. One of the topic is to teach your children about financial literacy. Just like me, I believe many parents out there does not …
Continue readingCategory: Money Management
Money management tips and tricks. There are many financial products out there such as Singapore Savings Bonds, Fixed Deposits, Endowment Plans, Insurance Savings Plan etc.
April 2018 Singapore Savings Bonds is 2.31%
The effective interest rate for April 2018 Singapore Savings Bonds gives you an effective interest of 2.31% if you hold it for 10 years. That will be a total of S$2,340 of interest collected if …
Continue readingSeventy Four Percent Invested, Twenty Six Percent Cash
My cash holdings versus total amount invested fell from 28% in December 2017 to 26% in current month February 2018. I attributed the decrease in cash as I invested S$3K into the Ethereum mining rig …
Continue readingJoin The Burrow To Learn Secret Financial Tips and Tricks
DBS Bank is getting secretive nowadays. Thanks to fellow financial bloggers, I get to know there is this secretive “hole” called “The Burrow” which is a closed Facebook group. According to the about page, as …
Continue readingWhy I Switched to DBS Multiplier Account
OCBC 360 account used to be the best savings account in town giving you a maximum yield of 3.25% per year until they decided to revise their criteria on the interest rates. You can read …
Continue readingSeventy Two Percent Invested, Twenty Eight Percent Cash
Cash on hand increased to twenty eight percentage this month as I received my December salary and Annual Wage Supplement. The AWS is also called the “13th month payment”. If you didn’t know, according to …
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