Search Results for: miles

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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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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Curating The Best Air Miles Credit Card On SingSaver

Heartland Boy has predominantly favoured credit cards that provide cashback over air miles. There were 2 reasons for this. 1) His expatriate package in Jakarta granted him an annual number of flights on premium carriers. 2) The ANZ Optimum Credit Card rewarded his 5% cashback whenever he had to book his Jakarta-Singapore tickers on budget carriers. However, things have changed lately. Firstly, ANZ’s retail banking division has been purchased by DBS and as a result, the ANZ Optimum Credit Card is no longer valid. Secondly, Heartland Boy has been posted back to Singapore for good! That also meant that he has...

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How to Earn A “Free” Around-the-World Trip With Miles

Disclaimer: This is one way to do it, but a very expensive way indeed… word of caution! If you have ever dreamed of going on an around-the-world trip, you were probably daunted by the thought of spending so much money without making an income while you are traveling. But did you know there’s a way to get free around the world air ticket just by using your miles? For instance, Singapore Air offers an around-the-world ticket through Star Alliance for 180,000 miles for an economy class seat. But how exactly are you supposed to earn this astronomical amount of...

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CPF Milestone ($40k in Special Account) and The Power of Compound Interest

Yay! KPO’s CPF has hit a milestone, my SA (Special Account) has hit its first $40,000! If you are wondering, what is the big deal? It is just 4/5% of risk-free interest (for now) that can be compounded for many many years :) I have been transferring my OA to SA ever since I started working. The reason why I can do this is that I do not have any liability/mortgage to pay as of now. Going forward, I will stop transferring as I need to build up my OA for my house in 2019! Anyway, the interest rates for our...

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32nd Birthday Post – A Year of Milestones

This is the 5th edition of the post since I’ve started to blog on this site. For some reason, I missed to write on my birthday last year and couldn’t remember what I was doing back then but here’s all the past couple of sessions. 30th Birthday Edition 29th Birthday Edition 28th Birthday Edition 27th Birthday Edition Alright, I am getting older and I can feel it the moment I turned 32 (ok just kidding). I’m feeling it more and more each year that the days and years fly past faster than I thought. I think there’s a correlation...

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