• Managing Your Personal Finance Like A Business

    Managing Your Personal Finance Like A Business

    Managing your personal finance matters better simply by translating some relevant skills that you would have already picked up from your workplace. We look at some examples.  Most of us “semi-adults” have a job. We may work at an MNC, an SME, at our own start-up or even for the government. Like it or...

  • 5 reasons to quit your job even if you haven’t found a new one

    5 reasons to quit your job even if you haven’t found a new one

    It’s scary but also something every young person should consider We are sure the majority of Singaporeans have never contemplated this idea. In our money-hungry and materialistic society, we don’t really have a choice. We have commitments on hand, people to impress and sometimes loved ones to support. ...

  • 3 Reasons Why You Should Start Investing Today

    3 Reasons Why You Should Start Investing Today

    Many people in Singapore want to invest, but feel they do not have the necessary knowledge and skills to be successful in their investments. So what do they do? They either keep their monies in banks, earning miserable interest rates of about 0.2 percent annually, or choose to spend their money. Both...

What has changed to our CPF scheme?

What has changed to our CPF scheme?

We explains the key changes that you need to know about On 17 August 2014, PM Lee Hsien Loong dedicated 27.75mins of the National Day Rally 2014 towards explaining the CPF scheme and the changes that will take place in the near future. So does these changes seem to be incorrigible, or does it actually does solve some of our woes? Let us look into each question and analyze the situation.  Changes: Minimu...

26 Aug 9:00 AM 83 Read Moore...
I have managed to save S$10,000; how should i start investing with this amount?

I have managed to save S$10,000; how should i start investing with this amount?

What can you invest with $10,000? We highlight a few possible ways to kick-start your investing journey below. If you have reached your first $10,000 in your life, it surely brings an amazing feeling. After all, the money was earned painstakingly through sweat and "tears" while working. Nonetheless, the next step can be daunting for most people because deciding how and where to invest your money is not always t...

17 Aug 4:00 PM 34 Read Moore...
Is Our CPF System Really That Bad? Clarifying The Misconceptions

Is Our CPF System Really That Bad? Clarifying The Misconceptions

This article is a sequel from our original article “Is Our CPF System Really That Bad”. It provides a response to the various comments that we have received from readers.   It was bound to happen. Anytime a website in Singapore publish a favorable article on the CPF system, or anything that could be deemed “pro-government” for the matter, there will be netizens who will be bound to react with unhappiness...

13 Aug 9:00 PM 32 Read Moore...
Is Our CPF System Really That Bad?

Is Our CPF System Really That Bad?

Our CPF system has come under fire of late from Singaporeans of all walks of life. But is it really that bad? DollarsAndSense.sg provides an example of why we think the system is still relevant and sound. Our Assumptions: 25-year old individual. Monthly salary of S$ 3,000 for 30 years. NO increase in salary and NO bonus. Purchase a 5-room HDB worth S$358,000. Services the monthly mortgage with 50% cas...

03 Aug 2:00 PM 260 Read Moore...
The One Crucial Mistake Almost Every Investor Will Make

The One Crucial Mistake Almost Every Investor Will Make

Back then when I first started investing in equities, I remember I would be fixated on the stock price charts to check whether my stocks had gone up or down in price whenever I had an extra two minutes to spare. Little did I know how damaging this mindset was.  It went on to cause many unnecessary mistakes and took me through a see-saw of emotions with the slightest change in price. I believe many average-Joe inv...

22 Jul 12:31 PM 30 Read Moore...