Why is Forex a market of the Future (Guest Post)


What forex shortage stands for? For Foreign Exchange, you may know this type of trading also under following names: Forex Trading, Currency Trading, Foreign Exchange Market, or shortly FX. This market is just about buying one currency and selling another currency. So the general task is to buy cheap and sell expensive. FX market is open 24 hours a day, 5 days a week - only weekends are off. Main … [Read more...]

How Much Is The Real Cost To Hire a Maid in Singapore?


Hiring domestic help in Singapore is a fairly common practice.  In many dual-income families where both parents work long hours, domestic help is often employed to cope with household chores and with taking care of the kids and old folks. If your life circumstances have changed and you’re considering hiring a domestic helper for your home, one of the first concerns you may have is the financial … [Read more...]

Your Options For Funeral Insurance (Guest Post)


Most people do not want to start on the topic of reviewing their options for Funeral Insurance. The good news is that it is not as daunting as so many make it seem. In fact, many people enjoy comparison shopping when it comes to insurance policies. Funeral insurance costs are designed to cover all the expenses of your funeral. The thing about some plans is that when you subscribe to these, you … [Read more...]

How To Be A Passive Income General (Mission 2)

The following is mission two of the guest post by Karl Steiner, a retiring foot soldier embarking his freedom journey as a Passive Income General. Today, he’ll talk more about his recruit days, specific attack strategies to conquer The Hill of Passivity. Finally, he’ll share his ideology as a Passive Income General. His battle scars can be found at here. So, what are the requirements to bridge … [Read more...]

How Can Factoring Help Singaporean Entrepreneurs?

Factoring is a way for entrepreneurs to ensure steady cash flow. While it may not be necessary to use it, all Small to Medium Enterprise (SME) owners in Singapore should at least understand it. There may come a time when a late paying customer impedes cashflow, and getting your money back means the difference between a stellar performance and a missed opportunity (or an expensive loan): What … [Read more...]

How to Improve Finances for Students (Guest Post)


College can be a very expensive experience for so many, but it doesn’t have to be. With a proper plan and good financial habits, you can minimize the amount of debt you acquire while attending post-secondary education. Here are some actionable tips to help students improve their finances.Mapping out a budgetA budget is a vitally important tool for college freshmen, although not nearly enough of … [Read more...]

Book Review – It Is Only Money and It Grows On Trees


I had the chance to review this book “It is only Money and It grows on Trees!” by Cara MacMillan. This is a very easy book to read, and a pretty short one too. You can finish it in one sitting if you have about an hour or two to spare, but it will probably take a little longer if you try out the exercises at the back of the book. I’ll talk about these exercises in a while. This book has the … [Read more...]

Why You Shouldn’t Obsesses Over Return on Equity When Investing

Return on Equity (ROE) is one the favourite metrics used by investors. In fact, if you are introduced to investing via a course or a book, it is probably one of the first things you learn. Most notably, Warren Buffet has mentioned that he considers ROE important (and as always, anything he utters is blown out of proportion by the media). But there are good reasons not to consider ROE the be-all … [Read more...]

Book Review – Be Financially Free: How to become salary independent in today’s economy

Book Review - Be Financially Free

When I was reading this book, I was thinking that this should be yet another one of those personal finance books asking people to embrace financial independence. I think 70% of the book is about the general finance related themes that are often talked about in this genre of books. If you’ve read a couple of them before, you’ll realize that you’re in familiar grounds. The good thing about this book … [Read more...]

2 secrets you probably did not know about your brokerage account

We are familiar with many great resources out on the web. But one of the most overlooked resource you should consider tapping on is your brokerage service, which you probably are paying for without realizing so. Often taken for granted as a mere channel to transact, most brokerage houses provide many value-added service that could help your investments. Here are two secrets that you probably … [Read more...]



Hi Everyone!For most salary-man (employee), there are certain date that we are certainly happy about, which is the date where we receive our salary! That's because we will have money to do whatever we want. However, as a financial blogger, there are some things that we certainly have to look out for when we receive our paycheck. One of the thing is living paycheck to paycheck. Although most people … [Read more...]

Should you invest in P2P lending?

P2P lending is a disruptive business model, which seeks to replace the loans function of traditional banks. In the UK, the P2P lending site Zopa surprised many by delivering large numbers of personal loans, which a much lower default rate than many banks. In China, unregulated P2P lending was blamed for aggravating the damage of stock market crashes (many had invested with borrowed money from … [Read more...]

Buying and Selling Bullion: Beginners Guide (Guest Post)


Buying and selling gold or silver bullion is a fairly simple process, however there are several factors beginners should keep in mind prior to investing and offloading precious metals. Remember, gold bullion refers to either gold coins or bars (ingots) of at least 99.95% purity. Bear in mind that when you buy bullion, you take physical possession of it, so storage is a key factor. Read on to … [Read more...]

Eight Benefits of Living in a Community Housing

Buying a house is a massive investment any person can make. When purchasing your dream home, you should consider many factors. These can include price, location, size, floor plan, and house type, among others. Gambling with your future is not something you want to try. You have to go for the best housing project available. To save yourself from these conundrums you can opt for community housing. … [Read more...]

Will digital cash ever replace paper money in Singapore?

About 1200 years ago, the Chinese are believed to have invented paper money. And today, they may be leaders in promoting digital cash. The head of the People’s Bank of China (PBOC) recently said that China is developing a bitcoin-like currency, or “cryptocurrency.” This would be under the control of the central bank, giving them more control over the money supply and economy. Bitcoin is … [Read more...]

Lazy Investing for the Lazy You

Nowadays, it’s not uncommon for us to hear our peers or even our own family members talk about the hottest stock in town, which particular investment is generating the most returns in the shortest time, etc. You get the point. While not everyone is all that interested in looking at the stock charts or reading financial statements, there is a sure-win way to invest which guarantees a good … [Read more...]

7 common questions about bankruptcy in Singapore (answered!)


Bankruptcy is a common fear among Singaporeans. With high costs of food, housing, and healthcare, the dreaded “B” word is on many minds. But most of what we imagine are just myths, and hopefully this will put your mind at ease: Will I go bankrupt the moment I cannot repay my loans? Bankruptcy is a legal status that is granted by the High Court if you owe at least S$10,000. Either the debtor … [Read more...]

Don’t worry, yet – a bad January doesn’t mean a bad 2016 for markets

This January has been unkind to markets. Singapore’s STI is down 6% and other markets in the region are struggling too. Shanghai is down 15%, Hong Kong is off 10%, and the Philippines has dropped 8% in 2016 so far. For some markets, this means bad things for the rest of the year. A theory called the “January barometer” says that if a market falls for the full month of January, it will end … [Read more...]

5 Bad Habits that Lead to Credit Card Debt

The Credit Bureau Singapore released a report this year with a surprising fact: there are 85,352 Singaporeans who have missed two or more monthly payments on their credit cards, personal loans, and overdrafts. This number is a 32% increase compared to the number of debtors in 2011. Credit cards are like power tools - they make your life a lot easier, but should never be in the hands of the … [Read more...]

Rising rates in the U.S. are bad for the STI… or are they?

After years of anticipation, the U.S. central bank finally raised interest rates on Wednesday. Many investors in around the world, and in Singapore, have been bracing for this moment, because the conventional wisdom is that rising interest rates are bad news for stock markets. On the surface, this makes sense. Much of the rest of the world often follows the lead of the U.S. central bank. The … [Read more...]