Personal finance can be daunting. We can take small steps to start taking control of your personal finances and work towards achieving your goals.
While I was doing up the article on the expected values of different gambling games in Singapore, I came across a 2020 survey by the National Council on Problem Gambling. I decided that the survey deserves its own blog post. This is the 6th survey on the gambling participation of Singapore residents administered every 3 …
The house always wins. We always hear this when we talk about gambling. But what about that cousin’s friend’s brother who made a killing? For every winner, there are multiple losers. On top of that, although they made money on their latest bet, they fail to take into account the previous times that they lost …
The Expected Value Of Gambling $1,000 On Various Games Read More »
We have individuals min-maxing CPF to give themselves a fat retirement while we also have individuals complaining that the government wants to control their hard-earned money in CPF. Generally, the former has CPF as one of their multiple pillars for retirement while the latter will have to depend on CPF and cash savings. There won’t …
Here are my monthly financials for March 2023. Top 3 Income Sources Interest – S$1,476.11 This is interest from Tbill, Trust Bank and coupon payments from SSB. Dividends – S$271.49 This is dividends from IREIT and AIMS APAC. Government Grant – S$200 I managed to pass my first IPPT in my last IPPT window. You …
I was wondering why I didn’t receive my NS FIT and IPPT payment after 2 weeks so I went to check my bank account. I then realised that I actually received S$40 less than what I was supposed to. After doing more digging and research, the S$40 was automatically deducted directly from my IPPT incentive …
SAFRA Might Be Silently Taking $40 Away From You Yearly Read More »
Trust Bank has a base interest rate of 1.5%. When we have 5 confirmed eligible purchases using the Trust card, we can start getting bonus interest of 0.5% – 1%. In the blog, I will share with you the Shopee 1 Cent Voucher hack that I have been using to achieve the bonus interest as …
Trust Bank Bonus Interest – Shopee 1 Cent Voucher Hack Read More »
Here are my monthly financials for February 2023. Top 3 Income Sources Interest – S$564.37 This is interest from Trust Bank and coupon payments from SSB. Merch Sales – S$79 I received US$62.99 worth of commissions from selling merch on TeePublic and Redbubble. If you like to find out more about selling merch, you can …
Finance Minister Lawrence Wong announced the 2023 Budget on 14 February 2023. I have summarized how much and when we will receive the various disbursements. For full details, please visit the Budget 2023 site. Summary Of Cash & Non-Cash Payments In 2023 Months Of 2023 Type Of Disbursement Amount JAN CDC Voucher $300 Cash Vouchers …
Budget 2023 – How Much You Will Receive And When Read More »
I noticed that the amount of premium I was paying for my Singlife Group Term Life and Personal Injury plan dropped significantly in January 2023 and realized that the premiums have dropped. It is strange that no announcement was made that the premiums have dropped. I don’t have the old policy documents to compare the …
Singlife Reduces Premiums For MINDEF & MHA Group Insurance Starting January 2023 Read More »
Here are my monthly financials for January 2023. Top 3 Income Sources Interest – S$378.98 This is interest from Trust Bank and coupon payments from SSB. Dividends – S$300.76 This is from dividends from the STI index. Affiliate & Referrals – S$178 I actually managed to get 9 additional sign-ups for Trust Bank. Trust Bank …
