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Posts in category: Financial Matters

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Top Strategies To Get the Most Out of Your Credit Card Rewards

November 23, 2022
by Sg-financialadvice Financial Matters

If you've been using credit cards for a while and know how to spend them wisely, then you'll definitely become an expert in maximizing the rewards you receive from these cards in no time.The Christmas season is drawing near, which means that it is time fo ...

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Private Medical Bills: keeping Your Out of Pocket Costs Affordable

November 18, 2022
by Sg-financialadvice Financial Matters

Hospitalization, long-term care, and major surgery are often associated with extremely high medical costs. When we choose from various health care options, it may always seem convenient to go with government-subsidized public healthcare in Singapore, ...

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Money Budgeting: A Guide to Stretch a One-Income Household in Singapore

November 11, 2022
by Sg-financialadvice Financial Matters

It's not easy to be the single breadwinner in a household. Paying the monthly bills for an entire family could cause both emotional and financial turmoil. We all know how difficult it is to be the primary earner in a family, ensuri ...

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How to Build an Emergency Fund on a Tight Budget

November 4, 2022
by Sg-financialadvice Financial Matters

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 ...

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Do You Have Spare Cash? Stocks or Properties? Or the Secret Menu That Many Rich People Are Using?

September 6, 2022
by Sg-financialadvice Financial Matters

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 ...

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A Singaporean Homeowner’s Guide to 2022 Home Renovation Costs

August 22, 2022
by Sg-financialadvice Financial Matters

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 ...

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A Financial Planning Guide for Young Singaporeans (2022)

August 10, 2022
by Sg-financialadvice Financial Matters

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 ...

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Is Company Insurance Enough as a Protection Coverage

June 17, 2022
by Sg-financialadvice Financial Matters

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 ...

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YA2023: Reducing Your Personal Income Tax In Six Ways

June 3, 2022
by Sg-financialadvice Financial Matters

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 ...

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How To Earn Extra Income In a Gig Economy

May 30, 2022
by Sg-financialadvice Financial Matters

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 ...

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