Saving & Spending
POSB Cashback Bonus
By JYKL Saving and Investment Blog  •  October 26, 2016
Hi Everyone, I believe most of you have heard about POSB Cashback Bonus program introduce by POSB (obviously). After reading the requirements online, I find that this might be a good way for me to earn some cashback if I buy my property next year and get a loan from POSB. If I manage to do that I think this will be an additional passive income for me! The requirement as shown in the picture below So if I were to get it, I will be aiming for these three requirements, 1) Credit Card, 2) Home Loan Installment (condo loan) and Investment (Invest Saver). I did a rough calculation (Just an estimation) Spending $100 - Credit Card Home Loan $1800 per month Investment - $200 per month With the above, I can earn about $36 per month, which I think is good. Because with this $36, it is another ......
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By JYKL Saving and Investment Blog
My name is James, the purpose of this blog is to keep track of my own portfolio and to share with others on my findings as much as possible so that everyone will be able to achieve their own passive income as soon as possible. The reason is because it definitely need time to build up your own passive income as this kind of this is unreachable overnight.
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