Search Results for: miles

Get cashback or miles on your income tax payments? Why not!

Wow, I wasn’t expecting so many of you to appreciate my previous post on reducing your income tax – thanks for the support! Remember to maximise your tax reliefs and deductions every year, so you’ll end up saving up to thousands of dollars with just a few minutes of work! To all the new readers who just visited this space because you got directed here from Ho Ching or IRAS, hello! Anyway, as a continuation to the earlier post, now that we’ve explored the various ways to reduce our income taxes, the next step to look at would be...

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Reaching the next milestone

A lot has been written about FIRE (Financial Independence Retiring Early). I guess we all have a ‘number’ in our mind. It is this target you want to hit, the magic amount. Some people are aiming for $10,000.00 or $100,000.00, $1000,000.00, $2000,000.00…. For some, beyond this amount, there is really, to want for more since they can already cover their yearly expenses via the passive income. However, for me, I reckon it is a moving target.. as I have yet to devise a sound passive income stream. Ultimately, it doesn’t matter. It is my goal that I have set...

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Earn Krisflyer with MilesLife (No Purchase Required)

I have been using the app MilesLife on my iPhone for a few months to earn the popular KrisFlyer miles. This app allows you to earn miles for airlines by using the app to pay for spending related to dining, travel and certain purchases. The current full list of supported Frequent Flyer Programs are All Nippon Airways (ANA Mileage Club) British Airways (Executive Club) China Eastern (Eastern Miles) China Southern (Sky Pearl Club) Emirates Skywards Eva Air (Infinity MileageLands) Hainan Airlines (Fortune Wings Club) Iberia (Iberia Plus) Lufthansa Miles & More PhoenixMiles Qatar Airways (Privilege Club) Sichuan Airlines (Golden...

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2017 Review: ILP vs Index, Bitcoin, Miles, Cashback and Side-Jobs

Over 800 questions answered. We started the Seedly facebook community in August 2017 and just 4 months in, we found that our community has asked over 800 questions and the crowd has gathered together to answer and help each other make smarter financial decisions. This was a true insight into how community voices can really de-mystify a clouded personal financial space. Let us now look back at the best moments of 2017. #throwback #1: ILP vs Index Fund (by Alan Kor) Of course, who else other than one of our top contributors – Alan Kor. Though controversial and heavy...

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Cashback vs Miles Cards – Why I’m on Team Cashback

Hello guys! For those of you who didn’t manage to get tickets to the live event earlier, you can watch the full video here! I hope I’ve convinced you guys about the merits of being of Team Cashback :P You can tune into the video to hear both sides of the argument (I didn’t get to present all my pointers yet, but will do so in a subsequent writeup) and decide for yourself whether the miles or cashback strategy will be best for you. At the end of the day, the choice between miles vs. cashback cards really comes down...

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Which Should You Choose for 2018: Cashback or Miles?

The smarter options to pay If you were already going to spend on a monthly basis, why not get rewarded for it as well? Most of you who are reading this would most likely be planning your 2018 strategy and reviewing your current cards to see if they are up-to-date. This is the article to help you simplify this decision-making process! A word of warning: We do not recommend you to get credit cards if you are unable to pay your bills in full, or have the tendency to overspend. Consider a DEBIT card instead! Credit card fees are...

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Miles vs Cashback Cards – Which is better?

All my cashback aficionados raise up your hand.This is a challenge. An ultimate showdown. The one you’ve been waiting for (since it was first mentioned on 2 Nov in this post, to be exact). As some of you might have already heard, there’s a crackpot in town known as Aaron Wong (MileLion), who has been going around calling us cashback folks “fools” and “noobs”. Read his piece here: ST writer prefers cashback to miles, fluffy kittens everywhere die.He’s not the only one, by the way. Talk to a miles hacker and they’ll most likely call you silly as well. We need...

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300K Milestone

As STI is moving steadily upwards and also because of the very busy work schedule, I didn’t check my portfolio since the end October update. It was a pleasant surprise that when I logged in yesterday, I found that my total portfolio value has crossed 300K for the first time in my investment journey. While it has been a hard and bumpy ride reaching the 250K milestone in January 2017.  It is all plain sailing getting to the 300K milestone now at November 2017. I will activate auto-pilot mode from now...

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Redeeming KrisFlyer Miles for Singapore Airlines Suites = 38.6% Cashback!

One of our goals is to accumulate enough miles to fly to the United States in Singapore Airlines Suites for our honeymoon – once in a lifetime experience! We have finally turned that dream into a reality after 1.5 years of hard work (having > 10 credit cards and using the right credit card on the right occasion) with a confirmed Suites booking. The last time we used miles for our flight – KrisFlyer 50% Redemption Promotion on SilkAir, the cashback equivalent for our return Economy SilkAir flight to Bandung was around 6.5%. What about this time round? 2 one way...

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Redeeming KrisFlyer Miles for Singapore Airlines Suites = 38.6% Cashback!

One of our goals is to accumulate enough miles to fly to the United States in Singapore Airlines Suites for our honeymoon – once in a lifetime experience! We have finally turned that dream into a reality after 1.5 years of hard work (having > 10 credit cards and using the right credit card on the right occasion) with a confirmed Suites booking. The last time we used miles for our flight – KrisFlyer 50% Redemption Promotion on SilkAir, the cashback equivalent for our return Economy SilkAir flight to Bandung was around 6.5%. What about this time round? 2 one way...

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Miles Junkie

In case you haven’t noticed, I have recently changed the feel and look of my SRS blog. I have also decided, for my own sanity, to have only two blogs from now on … (instead of 5 blogs covering different topics from trading to traveling previously). Streamlining of blogs   The Singapore IPOs blog will continue to write about IPO stuff but the SRS blog will evolve into a personal finance and lifestyle blog (to attract more advertising dollars perhaps? 😂)… and I will stop updating the other blogs (which I haven’t been doing anyway 😅) Here comes the...

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Cheat Sheet: What Are The Best Miles Cards For Working Adults 2017

We have written so many articles on the best credit cards for working adults or young adults. However, with more cards coming into the market, we need to find out which are the best cards. Previously, we compared the best cashback cards. Now, we will look at the best miles cards! The scenarios we will focus on: Regular monthly card spending from $500 to $6,700 Less emphasis on promotional discounts Leaning towards overseas, Grab/Uber and online spending Disclaimer! Many of these cards come with extremely attractive rewards at the beginning of the month or for the first year. However,...

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131,308 Miles Later – My Air Miles Project 1-Year Anniversary

It wasn’t that long that that I embarked on my Project Singapore Airlines Suites. See my project progress here and subsequent posts here, here, here and here. True that it is impossible for an average Joe to achieve the magical 1-million miles in the span of one year, but what I did managed to achieve was a fraction of that – a mere 10% of it at 100,000 miles. Starting with my original goal, the lowest hanging fruit is a pair of one-way Suites Class tickets to Beijing for my Great Wall of China bucket list item. There was a minor hiccup...

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Reward Miles

Ok, I don’t do much research on reward Miles on credit cards. My initial rough analysis years back lead me to conclude that the returns just wasn’t worth spending on cards which gave Miles as rewards. It’s quite hard to quantify Miles, cos… well, that’s the point, they don’t want it to be easily quantifiable… so consumers won’t know how much they are spending vs how much the Miles are worth. Once again, I can only estimate. I went to the Krisflyer website and checked what I can redeem for against the cost of SQ flights. From the above...

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My first pico milestone – Conquered!

It’s getting colder here in Japan. Currently, the temperature is about 6-7 degrees in the night and about 10 in the afternoon!! I must admit that the weather is fantastic! Just not when the wind is blowing in my direction. It has been a week since I last updated my blog, as I’m pretty occupied with work, learning Japanese and going out during the weekends. Oh well. I will be updating and writing soon about the places I’ve been to and exploring Japan. I’ve started out this journey towards financial freedom this year in January 2017. As mentioned earlier...

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