Recently, I read an article by Budget Babe titled “No one is going to pay for your expensive wedding“. Basically she was chronicling how ridiculous some couples might have spent for their weddings, from the pre-wedding shots to the banquet itself. I agreed with most of the points that she mentioned in the post. But…
One of the hottest topics in the last two weeks that has taken the city-state by storm is a 87 page report published by the Competition Commission of Singapore regarding the increase in price of baby formula in Singapore. If you are interested in the full report, you may click here. The impetus for the…
Recently, I came across a press release issued by UOB almost a year ago. Basically the bank had compiled a report that seeks to understand and provide an archetype to the spending habits of a cosmopolitan woman (both young and not so young) in Singapore, based on UOB data (which I presume is the credit card…
Every now and then, we read about a mega HDB unit that is being transacted for over a million dollars. That normally becomes the talk of town for a while and before we realised, another similar article pops up in the headline. A lot of these units transacted are in established, mature old towns, such…
I came across a recent article on The Straits Times, of an individual losing his high paying job at the age of 48. It seems that previously, he was a high-flyer in the banking industry and was drawing about $14,000 a month (I think that might have been exclusive of bonus, but even if it…
Last week, Dave and I managed to spend sometime together after work. It has been a while since we had these date nights moments, and we had dinner together before attending a seminar. The seminar we attended was about “Optimising your CPF“. It was organised by BigScribe, a group of personal finance bloggers in Singapore. For…
I was chatting with a good friend of mine the other day, and she told me that her husband had lost his wallet. Worse thing is, aside from the cash, everything else was inside, the ID card, credit card etc. The first thing I asked was, “I hope you guys have called the banks and…
Justin from Root of Good recently published an article on how his family of 5 managed to live for under US$40,000 a year. Dave and I are followers of his blog and needless to say, we were extremely impressed on how they managed to achieve this, despite the fact that they have 3 kids (yes…
Over the last couple of weeks, we have witnessed numerous mega sale events by various retailers, both online and brick and mortar stores. Remember Black Friday, and then there was that Christmas sales, and post-Christmas sales? And now, Chinese New Year sales… These sales just seem endless. Well in hindsight, sales seem to be the…
In a previous post, “How much do you need to retire” , i concluded that the key component to that question lies in your expenses and that will determine how far are you away from reaching financial independence. In a separate post, “Knowing your real hourly wage”, we also discussed our “real hourly wage”, where work related expenses are…