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Yes, Go On, Take That New Job
A Singaporean perspective on why we should not feel guilty about job-hopping in today’s working environment. A lot of the people we talk to about job-hoppers speak about them with great contempt. These people are described as failures, dysfunctional and inherently defective. They are further dismissed...
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The Case For A Singapore Poverty Line
There has been prominent discussion lately pertaining to whether or not Singapore should have a poverty line set in place. Our government has suggested that a “kueh lapis” approach is preferred and more relevant than an actual poverty line in place. This is surprising considering that a poverty line, i...
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The Different Asset Classes Available for Active Investors
A look at the various instruments available for an active investor. Previously we introduced two forms of investing: Passive investing vs Active investing. If you are not too sure about the differences between the two, take a read on the previous article first to determine which is most suitable for you. ...
Want to know the secret to investing like a Millionaire? Here’s 3 steps to get you on your way!
At the beginning of your investment journeys, most of you would have questioned how the rich became so rich. And depending on the kind of person you are, reasons such as luck, criminal activities, hard work and genius or karma would have churned in your thoughts. Most of these thought processes would eventually lead you to thinking “these people must have had access to insider tips that allowed them to act before w...
Short guide to Income Tax YA2014 for new Taxpayer
Once again it is the time of the year when the taxman comes calling. And DollarsAndSense.sg wants you to be adequately prepared – you may refer to a comprehensive checklist that we have provided for YA2013 for an introduction to Singapore Income Tax. First of all, you have to determine if you are a tax resident or non-resident for income tax purposes. For more information about whether you are a tax resident, plea...
Separating the realities of the CPF-HDB scheme from the myths
There has been much debate on whether CPF & HDB are tricking Singaporeans into purchasing HDB flats using CPF monies. Dollarsandsense.sg weighs in with our views. In case you missed it on your social media feed, this article from Singapore Blog, The Hard Truth, has been making waves online the past week. They posted an extremely elaborated breakdown on CPF, and how Singaporeans are being penalised for using CPF ...
The ABCs of Buying Insurances in Singapore
Insurance is important. What is more important is making sure you know the basics so that you can ask your financial advisor the right questions. DollarsAndSense.sg explains the fundamentals worth knowing. The basic idea of insurance is to have everyone contribute an amount and to pool it together into some sort of piggy bank. The piggy bank will be used in the future to pay for the cost of taking care of any of...
Here’s how you can stretch your meagre pay raise
If you are hell-bent on getting that new Chanel bag or Omega watch with your raise, this article is not for you. Getting a pay raise is one of the most gratifying experiences as a working adult, especially for those who slogged like a dog. Now hold your horses, unless your raise was of epic proportions, you really shouldn’t blow it on the latest Prada bag or Omega watch. Not yet at least. Not p...
