Author: SimplyJesMe

Comparison of Kids’ Savings Accounts

Most of us have a POSB bank account when we were young as it was the only bank for children those days. Nowadays, seems like all the banks have kids’ savings accounts and they come up with many different ways to attract the kids’ angbao money. After the comparison on the bank accounts for adults, I intend to compare the banks accounts for kids too. I think having a kid’s account is a good way for your child to understand the concept of money and savings and even compound interest. However, I don’t encourage parents to allow them the...

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5 Money Saving Tips For DIY Travellers

Travelling indeed is included in everyone’s life goals. Well, who would resist experiencing the charm of new places – of actually stepping on those same fascinating destinations you only see on photos and of interacting with the locals? Whether it’s that great dimsum matched perfectly with the spring season in Hong Kong or the artistic side of Barcelona that unleashes its best as September hits the calendar – we all can relate to that kind of yearning. Yet, despite that common desire for travelling that most people share, some of us hold back simply due to the expenses. Whether...

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The ultimate price review to baby formula milk in Singapore

As I am promoted to a mummy now, I will be sharing more about the finances of a family. One big hole in the pocket is because of formula milk, no wonder we always say parents have to 赚奶粉钱 (earn money for milk)! The recent report by Straits Times is not helping. It states that the price of formula milk has gone up by 120% in 10 years, faster than any other raw materials. This post aims to compare the formula milk of all stages with the intention to find out if there is a big price difference that will motivate...

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Aviva Term insurance – So cheap!

I was actually thinking to change to Aviva for very long due to their really cheap prices. I know I am not a guy or NS men, but lucky for everyone, it’s also applicable to spouse and children up to 25 years old. It is really affordable. For more details, read this pdf I confirm there is nothing cheaper in the market. Plus, you can buy at any age below 65, it will not get more expensive whether you buy at 25 years old or 60 years old. Male of female, it’s the same. I am truly impressed. It’s...

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My interview with Myself and Investopenly

If you are keen to find out more about my financial background and details, click here to read the interview at Investopenly. I am grateful to Richard for publishing my invite even though I am not a financial but a lifestyle blogger. Anyway, for the more personal stuff, here is an interview I imagined for myself: Oh, this is me, not my baby :) 1) Who are you? I am Jes, not Jess or Jesme. SimplyJesMe is a word play on Simply Just Me. I am 31 years old this year and have 1 child. This blog is just a space...

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Post natal massage – Is it necessary?

It’s common nowadays to hire a massage lady to soothe your physical pain after labour. For natural birth, the massage starts 2 or 3 days after and for caesarian, 1 to 2 weeks after labour. The massage lady is usually a Malay, doing freelance work and travels to your house. For those tied to the massage agency, you will need to pay for their taxi fares too. Cost is typically $50 to $75 per session and you can choose 5, 7, 10 or even more sessions. You would need to be naked with only your disposable underwear and provide a...

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Are you taking opium?

In olden days, coolies or workers were addicted to opium. They have to keep working to earn more money to buy opium and the vicious cycle continues. They can never stop working because they are addicted to the ‘high’ from opium and this makes the employers happy because they can continue to exploit the workers and give low pay. Unless the workers can quit opium and upgrade their skills instead, they will forever be in the rat race. Nowadays, the opium of the people takes on many forms. It could be branded goods, luxurious watches, posh cars, opulent condominiums....

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OCBC 360 vs UOB One, Stan Chart Bonus saver, POSB Cashback, BOC Smart Saver

The longest title of a blog post I have ever had. As per Kevin’s request to do an updated comparison table due to the many changes in the interest rates recently, the most recent one is OCBC 360 and last year it was BOC Smartsaver. The highlighted boxes give you the top interest rates in each categories For most of you, the recent changes in OCBC 360 have made you angry and indignant probably because it’s the second time in 2 years. I think I can safely say that no other banks have changed so frequently. However, don’t be angry with your money....

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My business venture

I mentioned about trying to take on a part time business venture and here I am, announcing and asking for your support below for SnackFirst: Why snacks? I am not kidding you when I say I have tried far too many nuts to get a good source. Duringmy pregnancy, I bought my nuts and seeds from supermarkets. Every time I look at the nutrition label, I was disappointed. They taste so full of salt and sugar that I can no longer taste the sweetness of the nuts. It’s a different story if I am eating honey coated or caramel laced nuts but...

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Another downward revision of interest – Goodbye OCBC 360!

I am not at all surprised of the changes to the interest rate for OCBC 360 now. From3.05% during their first introduction to 2.25%  (2 years back), this latest change that is going to happen on 1 April 2017 will result in only 1.85% for me. I will explain why it is probably time for me to say goodbye to OCBC. Let’s start with the changes: Bonus 1) The amount of money that can earn interest has increased Old Up to $60,000 New Up to $70,000 Bonus 2) Credit at least $2000 salary to the account Unchanged 1.2% interest Bonus 3) Pay any 3...

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Going in-depth on ILP vs term

Regarding my previous post going in depth on why I changed from ILP to term, I think there are many people who have questions and so to make it clear, here are the main reasons again: 1) My coverage increased from 250k to 1 million 2) Yet my premiums decreased half from $266 to  $139 3) Furthermore, the $266 for ILP will only increase with age while the $153 for term policy is fixed for the 25 years. Why ILP and life insurance are so popular Invest a sum for every month and when you retire, you get a lump sum...

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20 essential things to get before baby’s arrival

It’s a daunting task to cater and care for another human being. Besides the physical changes to the mother’s body, hospital bag to pack, spaces will need to cleared and arrangements will need to be sorted out. A hole in your pocket can be reduced if you are like me, buying everything online. Warning: This is not for everyone. I do not need well known brands or seek approvals from friends and family. I do require assurance about the safety and reliability so I only buy the top selling products based on volume and good reviews. Honestly, so far...

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My la la land clarified!

From my part 1 and looking at the comments, initially I was indignant. Why are you guys not supporting me? However, on a closer look, I am happy that you cared, no sarcasm whatsoever. It would have been worse if nobody have commented. You guys gave me good and sound advice and cautioning me against throwing everything into the wind. Thank you for caring and sharing! Anyway, I realised I was not clear in my writing and gave people the impression that I wanted to not work and relax at home. In another words, being a typical millennial. My American colleagues...

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My la la land

It’s the start of the year yet I have reached my mid life crisis. Or rather, a mid career crisis although I have only been working for 7.5 years. Yep, don’t laugh. I am very clear of my end goal, which is to be financially free. To get to the goal, I will need my own business and get out of the rat race. I can keep on climbing the corporate ladder but my personal time with family will be sacrificed. I am unsure of my next move. Should I continue my travelling job? The once-a-month travels is fine...

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Mt Alvernia – Mother&Child Guidebook review

I was pleasantly surprised to be invited to review on this guidebook (Click to read) because I have only started the #Familytalk series this year. I truly enjoyed my stay in Mt Alvernia but that is not why I agreed to do this review. The chief motivating factor is because this guide has been painstakingly compiled yet given free of charge to everyone. I can see it benefiting not just pregnant women, but also parents with toddlers, and women who are trying to get pregnant. Why you should read this When can you get pregnant? Can pregnant mums take durians? Would you spoil your baby...

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