Author: Seedly

P2P Lending Review: Takeaways After 6 Months

You can contribute your thoughts like Guest here. I’ve been investing in P2P Lending platforms for the past 6 months and have learned quite a bit about this type of alternative investment. Now, if you don’t know what P2P Lending is, I recommend you check out this piece, which explains very thoroughly. Basically, you’re lending out money to SMEs that need the fund. In this article, I’ll share what I’ve learned and hopefully, you can decide whether investing in P2P Lending suits you. I’ve invested in more than 100 loans, using three platforms: Funding Societies (Singapore), Capital Match and...

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Cost of Living in Singapore Compared To The Rest of The World

Turns caffeine into digestible finance content. You can contribute your thoughts like Ming Feng here. Some of the main considerations for expatriates planning to live in Singapore include the culture, cost of living, transportation and taxes. With Singapore recently listed as the fourth-most expensive city for expats, it is important to understand the differences should one decides to relocate here.   A quick look at expats in Singapore Based on a survey HSBC, the main 3 reasons which many chooses the expat life in Singapore are Earnings improvement Better quality of life Better prospects when it comes to their career...

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GrabRewards Revaluation: For Better or For Worse? Here We Find Out.

Turning finance into boba-sized pieces. One iced milk boba tea, please! You can contribute your thoughts like Cherie here. I understand that the revaluation of GrabRewards has angered the nation, some would even say it was a devaluation. However, let’s not get clouded by our emotions and we will break it down for you the Seedly way while remaining objective and unbiased. If you have not heard, Grab has revisited their GrabRewards programme and revalued it. For better or for worse? Hang on, we are here to find out.  NEW Point System for GrabRewards For every S$1 spent on...

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Singapore Michelin’s Bib Gourmand List 2018: How Much Do You Need To Try Them All

If you are looking for a good idea to spend time with your loved ones this week, we got just the thing you need. How does checking restaurants and hawker stalls off the Michelin’s Bib Gourmand list sounds? Well, there’s 50 of them, enough to preoccupy you for a month. TL;DR – It costs slightly more than S$604.20 per pax to try them all Bib Gourmand recognises hawker stalls and restaurants that serve good food at a moderate price. In the case of Singapore, good food below S$45. After sorting the restaurants and hawker stalls out according to their...

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Affordable And Not So Typical Weekend Dates In Singapore (West-Siders Edition)

< BACK TO MAIN BLOG 21st July 2018 You can contribute your thoughts like Guest here. West-siders, WE HEARD YOU, you guys are not forgotten! If you have additional tips for our Community here, feel free to share with us your kind of weekend dates! If you have not been to the West, here are a few reasons to bring your other half (or future partners) to have your weekend dates! Activity Place Cost Nearest MRT Star Gazing Science Centre Observatory Free Jurong East Baseball Homerun Baseball $4 Per Game Jurong East Bowling The Chevrons $5.50 Per Game Jurong East...

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Cheap And Not So Typical Weekend Dates In Singapore (West-Siders Edition)

West-siders, WE HEARD YOU, you guys are not forgotten! If you have additional tips for our Community here, feel free to share with us your kind of weekend dates! If you have not been to the West, here are a few reasons to bring your other half (or future partners) to have your weekend dates! Activity Place Cost Nearest MRT Star Gazing Science Centre Observatory Free Jurong East Baseball Homerun Baseball $4 Per Game Jurong East Bowling The Chevrons $5.50 Per Game Jurong East Ice Skating The Rink (JCube) $9 Per Hour Jurong East Prawning ATC Fishing Village $12 Per...

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Become A Millionaire With Just A Dollar A Day Or Not

Turning finance into boba-sized pieces. One iced milk boba tea, please! You can contribute your thoughts like Cherie here. One dollar a day? Is it THAT easy to become a Millionaire? Where do I begin? Can I start today? Sign me up! Wait, hold on… This sounds pretty dubious, is that even possible? Purely Saving One Dollar Assuming there are 360 days a year, saving one dollar a day would take you 231 years to make your first million on pure savings. I don’t know about you but I definitely do not have 231 years to live, even Abraham...

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Travel Destinations For Friends On A Budget Under $500: Based On Real Reviews

Most of my expenditure is on sustenance. Yes, I meant food. You can contribute your thoughts like Junel here. Work stress, Study stress, Mundane mid-year, end-holiday blues, the list goes on — There’s always a reason for a getaway with your friends. Need a short break? Here are some travel destinations recommended by the Smarter Way Community so you can pack your bags and run away to with your group of best buddies on a budget. Don’t worry, they aren’t just the typical Taiwan and Bangkok. Under $500 per pax? Easy. Here’s a TLDR of where you can go:...

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A Short Story: How A Dad Saved $10,000 With His Little Girl

Most of my expenditure is on sustenance. Yes, I meant food. You can contribute your thoughts like Junel here. This is the story of how a little girl, me, earned 10% interest from loaning her dad her piggy bank to save money he would otherwise be spending on cigarettes and buying 4D and TOTO. Don’t get me wrong, he wasn’t a heavy smoker nor did he spend an exorbitant amount on the Singapore Pools. He probably even spent a little less than the average Singaporean on these things. Yet, we were able to save $1000 a year since 2008,...

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Reduce Your Expenses To Only 30% of Your Salary With This Budgeting Template

We’ve crossed the middle of the year again and if you’re as lucky as I am, you should have been informed of your salary increment for 2018. This year, I got a small increment of $195 in my monthly payroll so that’s an additional 195 one-dollar soldiers awaiting for deployment every month! I checked my Salary Allocation Budget that I update every year and it looks like there are no additional expenses incurred so far. That’s good news to me because all the 195 one-dollar soldiers will be deployed to investment wealth accumulation. What’s a Salary Allocation Budget? A...

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The Complete List Of Money Saving Tools In Singapore 2018

< BACK TO MAIN BLOG 14th July 2018 Passionate about helping people make smarter financial decisions. You can contribute your thoughts like Kenneth here. The world of online shopping is again exploding in Singapore as we head beyond GSS into the year end. We decided to ask around and learn from our SG Personal Finance Community on the best money saving tools in Singapore to get the best deals 🙂 (Updated: July 2018 with the newest products in the market which you’ll find useful for sure) We curated a complete guide you can refer to below, hope you like it! ...

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Choosing A Financial Advisor: Robo-Advisors VS Human-Advisors

< BACK TO MAIN BLOG 13th July 2018 Most of my expenditure is on sustenance. Yes, I meant food. You can contribute your thoughts like Junel here. In this day and age, we’re spoilt for choice. Fund managers are no longer limited to Human Financial Advisors, there are also automated Robo-Advisors that can do the same job at a lower fee. If you are still unsure about what exactly Robo advisors are, they basically offer low-cost diversified passive investing where algorithms help recommend you stocks and manage your portfolio. Main Differences Between Robo-Advisor And Human Advisor   Robo-Advisor Human-Advisor...

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6 Highlights & Questions At The Seedly Investing Meetup 2018

< BACK TO MAIN BLOG 12th July 2018 Passionate about helping people make smarter financial decisions. You can contribute your thoughts like Kenneth here. Over the past weekend, we ran our largest Personal Finance community Meetup for the Seedly users and readers. We saw over 140 individuals coming down to MOX for the event to learn about Investing basics and strategies. Here are some quick facts: Almost 50% of the people who came are from the millennial segment (most have just started working, aged between 20 to 35 years old) We also had a good equal representations of both...

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The Ugly Truth Of Break-Ups: Cost Of Defaulting On Your BTO

< BACK TO MAIN BLOG 11th July 2018 Most of my expenditure is on sustenance. Yes, I meant food. You can contribute your thoughts like Junel here. “Want to BTO?” Has become the indirect Singaporean version of “Will you marry me?” Applying for a BTO is the first step a couple would take towards marriage. This is typically done about three years before the actual marriage, but, anything could happen within the span of three years. This question was asked by a community member a couple days back:    Ask A Question Here!  Everyone talks about their BTO application and...

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The Hidden Cost of Holding onto Your First Savings Account

< BACK TO MAIN BLOG 10th July 2018 Turning finance into boba-sized pieces. One iced milk boba tea, please! You can contribute your thoughts like Cherie here. Most of us opened our first savings account with the bank when we were young, lugging our piggy banks to the actual bank to open an account with our parents or grandparents. Some of us are still holding onto our first savings account that we had since we were a kid, Got to admit, that’s me and it is the legendary POSBkids Account. Editor’s Note: We are not sponsored to write this,...

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