Benefits of Crowd Lending VS Stock Trading

Crowd lending or crowd funding is something very new in Singapore. In the past few months, there are more and more reports on the mainstream media on crowd lending in Singapore which resulted in more people investing their money through these crowd lending platforms. I have written on crowd lending and also on stock trading before. I mentioned before that many young people started out trading in … [Read more...]

When Women Earn More

When Women Earn More

While women have known that we’ve been running the world for a long time now, The Pew Research Center recently confirmed that women are consistently earning as much or more than their male counterparts. The earning trend permeates Singapore, Taiwan, and many other large Asian business centres. When the wife earns more than the husband, how does this affect the way couples budget their money or … [Read more...]

Entrepreneurship : How To Setup A New Company In Singapore?

the-new-savvy.jpg

The following is a guest article from: The New SavvyEntrepreneurship seems to be the buzz word in Singapore nowadays, with many people rushing to create new companies. If you’re getting ready to make that first step and create your own start up, you might be confused by the many different types of business structures available to you.Here’s all you need to know about being your own boss and … [Read more...]

5 Mistakes to Avoid if You Want to Retire Successfully in Singapore

Retirement is a complex topic, because it’s different for everyone. A retirement plan that works for one person might be a disaster for another, and vice versa. There are, however, some things that all retirement plans have in common. These are the common things to avoid, if you hope to retire well: 1. Start Worrying About Retirement and Savings Only in Your 40s Retirement planning should be … [Read more...]

The five golden rules to gaining financial independence before age 30

Many people dream of financial independence, the always-green plateau of no longer relying on official salaries and being able to do what you want. For some, it means they can retire. But that's not all that financial independence can offer. It can also mean that you can start doing the work you truly love. That could include authoring a book or earning money while travelling … [Read more...]

6 reasons why Singapore stocks is good as gold

Sometimes, Singaporeans wonder why bother with Singapore stocks. Singapore stocks are less liquid, the market movement is slow, the quality of companies is low and there is small growth potential due to our size. In fact, Singapore stock market is so small that Apple, the most valuable company in the world is single handedly more valuable than almost all of Singapore listed companies combined. … [Read more...]

Managing Finances – 5 Tips to Save When Shopping Online

Being a self-confessed online shopaholic, I prefer getting my purchases on the internet rather than stepping out of my house. And I am not alone. Online shopping in Singapore has been gaining traction for the past five years. Singaporeans, together with our Malaysian neighbours, account for almost half of the online retail sales in Southeast Asia. This is no mean feat for a country as small as … [Read more...]

7 ways you could be using the internet to solve your money problems

internet_tricks

As Janet Jackson so eloquently put it in the ‘90s - ‘The best things in life are free’. Whether you’re with her on this one or not, I’m sure one thing we can all agree on is that the worst things in life are those services that charge infuriatingly unnecessary admin fees! However, thanks to the wonder that is the World Wide Web, these sorts of sneaky service charges are quickly becoming a thing … [Read more...]

IPTO, licensed money lenders and illegal money lenders

I recently learned from a source that works closely with the licensed money lending industry that the IPTO (the Singaporean government agency that regulates and licenses money lenders) intends to effectively end the practice of legal unsecured lending to Singaporeans earning less than $30,000 annually via new regulations which are scheduled to go into effect as of June 1, 2012. The new … [Read more...]