It's a rule of thumb to save at least three to six months of living expenses for an emergency fund. But what if you're on a tight budget and have limited savings? As the name implies, 'emergency fund' serves as a financial reserve for unanticipated ...
Do You Have Spare Cash? Stocks or Properties? Or the Secret Menu That Many Rich People Are Using?
Many of us have probably dreamed of becoming rich at some point in our lives and might have wondered why some people attain massive wealth so easily, with little difficulty, whereas others struggle to find financial success. Most people are well-off by th ...
A Singaporean Homeowner’s Guide to 2022 Home Renovation Costs
Purchasing a house is one of the most significant financial decisions you'll ever make. It is natural to consider staying in a home for a longer period of time, so it's best to make sure that your home renovations reflect your style and needs. However, th ...
A Financial Planning Guide for Young Singaporeans (2022)
Making financial plans in your twenties may not have the same sense of urgency and great anticipation as it does in your thirties and forties. However, having personal finance skills are necessary to live the life you wish in Singapore. Whether you are t ...
Is Company Insurance Enough as a Protection Coverage
Most of us focus on the employee perks and paid leave when we're just starting out in our careers. In spite of this, we neglect to take a closer look at the most important benefit—company insurance. Also known as group employee insurance, it is typically ...
YA2023: Reducing Your Personal Income Tax In Six Ways
In Singapore, a progressive tax system is applied. This means that the more you earn, the more tax you pay.Personal income tax is a tax levied on the income of individuals. The amount paid depends on the amount of money one makes in the previous year and ...
How To Earn Extra Income In a Gig Economy
These days, the gig economy is one of Singapore's biggest industries. Entrepreneurs, seniors and even students are taking to working on a gig basis, which provides more flexibility compared to a corporate job.The "gig economy" refers to the growing number ...
Find Your Reasons Why You Want to Be Free and Wealthy
Financial freedom is one of the least understood concepts in our society. Most people think it’s as simple as making money as your goal. But that's not all there is to it. Achieving financial freedom takes a lot of discipline, patience, and sa ...