Hi all! We are probably a bit late but Happy New Year to everyone! As mentioned in the last update 2 weeks ago, Mrs Budget and I have been busy with our wedding and now that it is over, we are back with our regular publishing schedule. A few key things in the financial space happened over the past 2 weeks, and we wanted to share our thoughts on them. Firstly, the change in the DBS Multiplier account. Many other financial bloggers have shared about the changes, but basically the most important changes are that your dividend no longer counts as the ‘investment’ category and if you only fulfill one category of the required spending, the interest is only applicable up to S$25,000. I guess too many people have been abusing the bond ladder method to get monthly dividends when the account was announced, and now DBS finds that the...