“What’s your biggest weakness?” [3/6]

My biggest weakness is: I’m a very competitive person which means I tend to be very good at my job but often at the expense of my personal life. – Or – I’m a very hard working person and often times I work so hard and so late that I neglect my family/personal time. – Or – I’m a strong team player and I care so much about my colleague and bosses that sometime I don’t even mind if it undermines … [Read more...]

CPF Home Loan or Bank Loan?

Buying a HDB flat for the first time can be an intimidating experience. It is probably the first big ticket purchase in your life that will take the next couple of decades to pay off, so you would definitely want to rake in as much savings as you can. Perhaps you have not really thought about what kind of loan to take up. If you do not already know, you have a choice between taking up a HDB loan … [Read more...]

SMART Goals Are Sooooo 2016

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Ugh, I swear if I read another life-coach blogpost talking about “SMART goals”, I’m going to stab myself in the eye with a plateful of ikan bilis.  Today, SMART is THE cliche of the personal development world. It’s the equivalent of a student ending his essay with, “…And then he realised it was just a dream.” It makes us all roll out eyes. All my life, I’ve been setting SMART goals like “Get a … [Read more...]

Selling via Fulfillment by Amazon (FBA) – Status update (Part 7)

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You can read my previous post on Amazon FBA here (Part 6). So far, I have 2 products listed on Amazon. I went through the whole process of lowering sales price, advertising through Pay Per Click  – PPC campaigns (Auto and Manual), doing Facebook Ads, giving out product at heavily discounted prices, going through an email list to promote my products. For Product 1, it received 2 nos. of 4 … [Read more...]

Purple cow – transform your business by being remarkable

Other than the 4Ps of Marketing, now we have another P - Purple Cow. I picked up this book last week, but stopped it halfway to read another book - talking to humans. Finished it today, which took me around 5 days. Overall, it's a very light reading. This book is about Marketing, and how do you design, create, market, or promote your product or service in a way that is so remarkable that … [Read more...]

Tools for Titans #40 : Reject the norms of your time.

This segment is about Neil Strauss. He is the author of the pick-up book The Game. If I were to read The Game in my 20s, Neil might have turned out to be my favourite author. Unfortunately, I learnt of his works through mutual friends who experimented with "negging" women with low self-esteem at pickup bars. ( I don't neg women with low self-esteem. My wife, however, is very good at negging men … [Read more...]

It’s not personal, it’s just business!

Here’s a summary of the main points of the book: The Theory Of Business Enterprise. It’s an interesting read and it definitely reflects the direction of our societies today. The video by Ray Dalio sums up the first few chapter of the book. Our entire society is turning into a giant business and everything is getting impersonal. [embedded content] Introductory Veblen’s main points: The … [Read more...]

4 Money Mindsets for My Kids to Grow Up To

Truth be told, I have been arrowed to write this article by the Boss. Left to my own devices, this is territory I would rather avoid. Unfortunately, being the only parent in the team (up till today at least), the least I can do is to pull some weight. Truth be told #2. This article is long overdue. We were supposed to publish it weeks ago. I have lots of excuses for it being so late but I will … [Read more...]

Surbana terminated 50 staff

Temasek Holding’s Surbana Jurong terminated about 50 staff who were deemed as “poor performers”. The layoffs occurred a couple of weeks ago, just before the Chinese New Year. Surbana has stressed that the terminations were not retrenchment exercise. The staff were let go simply because of their poor performances. It is indeed a sad day for Singapore. Some people may argue that many of the … [Read more...]

What an unemployed 53 year old can do with $20K?

Dear AK, I am 53 and I have been jobless for more than a year. I have given up on job search. Fortunately, I am a saver and have almost 200k in savings. Jobless 10 years too soon, I need to make my savings last longer. My sister told me about a 5 years endowment plan from _____Life. Minimum required is $20,000. 2.25% p.a. is more than fixed deposits. (Email truncated.) Hi JK, 5 years is … [Read more...]

How to Milk your Cash? Best Places to Park your Cash!

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This post by Kyith has inspired me to write my own off-shoot version of where to stash your cash. If you are collecting 0.05% interest on your bank account, you better pay attention! I believe that there is a systematic approach to this. You just fill up the account that gives you the highest rate until the cap, and then you flow into the next account and the next account. These are the 3 … [Read more...]

My la la land

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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 … [Read more...]

Another set [2/6]

I have done two sets of 6 alternate days of 100 words writing goal. Now coming to the third set and will continue to do so afterward. I’m starting to feel a bit of the habit kicking in which was what I wanted in preparation for producing long form contents, and I’m working on one now. I hope it would not take too long to complete as in the past I often got myself spending too much too time … [Read more...]

How to retire in 10 years

You may have came across this article in today’s The Business Times ,,, an interesting article in searching of “ The Freedom formula “ for early retirement . The big word “ R”  or retirement is very subjective and one may not want to retire if he/she really enjoying the works and some may want to retire earlier to pursue their dreams and passion . Here is another article on “ 10 good reasons … [Read more...]

It is all about the ATTITUDE – yours actually

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Yeah, you are so right, I am stating the obvious here and why should you waste your time reading about the obvious. But apparently, it is not as obvious as it should be.  Not to everyone. Just an example. Yesterday morning I had a minor argument with my son (this time my oldest son and not the curious career minded one from my previous post). Me: “Don’t always give up so easily. How well … [Read more...]

Personal finances when transitioning from single-hood to being married.

Ok, today's article is to simply tie up a loose end from the talk. We failed to address the question directly from a question in the audience who asked us how our personal finance changed when we transitioned from single-hood to marriage. Theoretical answer I will first share a theoretical answer because it is more likely to be experienced by a reader. In the presentation I shared a table … [Read more...]

Singapore Retirement Age, Re-Employment Age and CPF Withdrawal Age

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As a follow up to our previous post on the Misconception Singaporeans have on the Re-Employment Age, we decided to go further and explain the difference between Singapore's Retirement Age, Re-Employment Age and CPF Withdrawal Age.Singapore Retirement Age Singapore's Retirement Age is set at 62. This means that your employer cannot ask you to retire before you reach 62. This does not mean that you … [Read more...]

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 … [Read more...]

Setting S.M.A.R.T goals for year 2017… and achieving them

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Time flies…. January 2017 is almost over and now February is approaching fast!!!. Have you set your new year resolutions? It has been over 10 years since I’ve worked as a financial consultant. Helping thousands of Muslim families plan their finance, the shariah compliant way in Singapore. Fulfiling. Satisfying. And fun meeting people from all walks of life. (Picture of me, when I … [Read more...]

What Heartland Boy Learnt From Working In Jakarta

Despite being only 1 hour and 20 mins away by plane, most Singaporeans would never visit Jakarta unless they absolutely have to. For Heartland Boy, that “absolutely have to” moment came in January 2016 when he was posted to Jakarta for a 2-year work assignment. It’s absolutely unbelievable how fast one year had already transpired. Since he is halfway into his overseas secondment, it is an apt time … [Read more...]