Author: JYKL Saving and Investment Blog

On the way to getting my first property

Hi Everyone! It’s been a while since I have update my blog due to my busy schedule, I did not have time to post any update on my side. Despite my busy schedule, I still make an effort in working towards my goal in getting my first property. I am nearly there as you can see my target bar on the right side of this blog, I manage to hit 91% of my target. This is definitely a good news for me because 9 more percent before I hit my target of 160k and with this amount I hope...

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Investing Notes – a new platform for centralize information on Shares/Stocks

Hi Everyone! Recently there is one new investment website called investing note which is a platform whereby people can share their thoughts on shares and also a centralize place to get news and information on stocks like share price and etc.  I believe this is a good place to go to even if you are new to investment in shares. Of course, you can asked or share your thoughts on other financial issue.  If you want to try and, do register yourself via this link to investment note. This platform is absolutely FREE. So do feel free to join...

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Big Event and Year 2017 Update

Hi Everyone, It’s been a while since I have update this blog, mainly due to preparation of my big day (my wedding) which leads to insufficient free time to update my blog. 2016 has been a fruitful year for me because there are several happy event took place. First is my wedding and ROM, it was a wonderful event with my wife as we prepare really hard for this (day and night preparing all the things that we need during the actual event). The reason why we are so busy is because we did not hire any event planner...

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What Happen If You Are Unable To Track Your Expenses

Hi Everyone, As you have notice, for the last few months, I am unable to produce my expenses results due to forgetfulness and also tight schedule due to wedding and moving into my new house (there are tons of things to do, so if you are at that stage, do note that it will take a lot of your time). Understanding the fact that tracking of expenses can be quite tough as the days goes by, especially if you have other things to focus on, you will slowly neglect this activity. So some of the readers might feel that...

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Personal Passive Income and Expenses Monthly Report – October 2016

Hi Everyone, This month was a good month for me because I manage to save more money due to my increment. It was certainly a good jump in my salary and poof! my saving increase from 76% to 79%! I did not clear any of my goal and at the same time, I cleared my wedding ring installment! (Which means my expenses will go down by $450 per month!) This post will be a very short one because this is another month whereby I did not keep track of my expenses. The reason is because there are too many...

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POSB Cashback Bonus

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...

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Personal Passive Income and Expenses Monthly Report – September 2016

Hi Everyone, This post might not contain much information regarding my expenses because I was too busy this month with my wedding preparation that I did not keep track of my expenses. On top of that, I guess I over spend too much this month as well which is due to wedding expenses. For my personal target, I have cleared my passive income of $1,500 in the year of 2016! Another target down. Hopefully I can hit $2,000 worth of passive income by the end of this year. (Probably should add that in!) And this is the result of...

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Personal Passive Income and Expenses Monthly Report – August 2016

Hi Everyone! This post might come a bit early but just two days won’t make any much difference. I just got my recent salary increment, which is around $200, feel very happy because an increment is an increment, and I have hit my targeted salary, making $4,000 per month! One target achieved, 4 more to go! Secondly, I just received $64 worth of dividends from Singtel, which is a good thing and this raise my passive income in 2016 to $1,405.65! Well, it might be little, but my actual investment journey starts mid of next year (after I purchase...

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Personal Passive Income and Expenses Monthly Report – July 2016

Hi Everyone, Finally, it is the end of July 2016 (in fact today is the first day of August), as this is a monthly personal financial report, I will be doing a summary of my passive income, expenses and savings in this blog post. With this blog post, I will be able to note down my progress every month. Investment and Passive Income – July 2016 My investment still remains the same as compared to June 2016 as I did not make any move into purchasing or selling any shares. Currently the market is pretty unstable (sometimes bull and...

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Pokemon Go! Potential Expenses For Most Players

Hi Everyone! Today’s topic is about the potential expenses for most players when playing the game, Pokemon Go! I truly understand the hype of Pokemon Go, because I am one of the player who is waiting for the game to be available in Singapore. So let me share some of the potential expenses that might incurred in some of the players. 1) In App Purchase Pokemon Go as well as other free games like Clash Royal, have in game purchases which would will or boost the player’s ability to gain higher level or become stronger. In Pokemon Go, you...

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5 Things Learnt When Dealing With Cost Management for Wedding

Hi Everyone! As I am in the process of preparing for my wedding, which is at the end of this year, and also I have come across a few blog post about wedding budget, with that I shall share my humble opinion on the topic of Cost Management for Wedding Budget. As many people have mention, wedding is a once in a lifetime event so some couple will spend quite a sum of money to have a grand wedding with hundreds of guests attending the ceremony. Of course, this is not wrong, who wouldn’t want a memorable wedding that...

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What To Do If You Are Too Lazy To Keep Track Of Your Expenses?

Hi Everyone! In order to build your own passive income, it is always important to save more money while you are working so that you can invest those savings into different instruments for good returns. So in order to build your own portfolio, you will need more money in order to generate decent amount of passive income to support your monthly expenses, in order word, achieving financial independence. So most of the people would suggest to start monitoring your own expenses in order to achieve your monthly saving goals. At the start, you might be able to diligently keeping...

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[Saving Quest] Increase Your Saving By 2% Every Month

Hi Everyone Previously, I have mention about the 26 Weeks Money Challenge. The 26 Weeks Money Challenge is the first basic, if you are confident enough to clear the 26 Weeks Money Challenge with ease, go this this level of challenge. This level of saving quest is to increase your monthly savings by 2% every month until you hit your desire target like save 60% of your annual income with the current saving level of just 40%. This will gives you more steady improvement in the long run rather than straight away jump to your target which might affect your...

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What Is A Good Investment Plan (Part Two – Goals)

Hi Everyone, This post is the continuation of the “What Is a Good Investment Plan” – Part One – Financial Needs. Question on what Is A Good Investment Plan? Recently (After I posted the part one on what is a good investment plan), I have received emails on asking that why a good investment plan requires us to know the financial needs, goals, liability and etc. rather than finding a high returns in both capital and dividends, isn’t that the most important thing? Of course, high capital gain and dividends will certainly be welcome by me (who wouldn’t want to...

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Saving Challenge – 26 Weeks Money Challenge

Hi Everyone! Last year, I have posted a challenge for all the readers to see who can actually complete the quest of 52 weeks Money Challenge! (http://jyklmoneyblog.blogspot.sg/2015/01/saving-challenge-52-weeks-money.html) My result is that, I didn’t follow it when it is halfway through because I totally forgot about this challenge since I have switch to wordpress for a couple of months before jumping back to this blog. However, I have do a rough counting on the remaining weeks before the end of the year and found out that there is exactly 26 weeks before the end of 2016. (which means that we...

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