It is always best to prepare your finances for rainy days. Unexpected events may occur and we are often tempted by our wants. Other than daily expenses, we often aim to travel or to go on a shopping trip. With the high cost of living…
As of 2022, Singapore has just increased the retirement age from 62 to 63. Re-employment age will be increased from 67 to 68. For employees who were hired at 55 years old will qualify for reemployment if they have worked with the business owner for…
Many people think that loans are only for emergencies, but that’s not always the case. There are a lot of different reasons you might need a personal loan. Check out our list of examples to see some of the ways most Singaporeans leverage personal loans.…
Waseh so expensive ah??? You probably noticed your electricity bill climbing higher and higher since the summer of 2021. This phenomenon isn’t limited to Singapore; it’s the whole world going through the same problem. With credit card debt, home loans, car loans, this bill increase…
Just got rejected for a loan application? Did you apply for a loan from banks or licensed moneylenders in Singapore but was declined? We understand what you are feeling. There may be frustration, confusion, anger or panic when your loan application is declined. This is…
Finding your way around means to spend less money and cut back can prove to be a challenge. If you find yourself fumbling over, the simplest and most effective way to start would be through reducing your monthly expenses. Don’t worry. We’re not asking you…
Taking a debt to invest is something that many Singaporeans who want fast cash consider. After all, borrowing a small sum now can boost your return on investment faster than if you were to invest your savings. This technique is called leveraging. Leveraging entails using,…
Whether you’re single or attached, there might be a time in your life where you want to leave your parents’ nest. You want independence. You want to live on your own. However, are you financially ready for the costs that come with independence? Is your…
In Singapore, it is common for families to hire a maid. Usually, both parents have to be working in order to raise the children. Hiring a maid can be essential for your family if you work long hours, have small kids, or have elderly relatives…
If you want to get a personal loan in Singapore, you’ve no doubt visited several banks’ websites by now. And so you’ve noticed that banks post two different rates: the annual flat interest rate and the effective interest rate. Sometimes, just to hook you, they’ll…
