Thoughts on Scholarships

Arrived home yesterday to find the annual "Scholarships" edition of tucked between the papers. It's the season of the year again when the GCE A Level results are announced and the scholarship application frenzy officially kicks off. Just thought I'll provide my perspective on taking on scholarships, that might hopefully lend some use to the hopeful 18/19 year old folks out there who are … [Read more...]

The Singaporeans you will meet in the Economy of the Future.

Perhaps it is time for a semi-serious look into the four kinds of Singaporeans you will meet in the future. I call this is new 4P model of the Economy of the Future. a) Prince / Princess You will find Princes in those schools along Bukit Timah Road that offer the New Age International Baccalaureate syllabus because only rich people can buy a ticket out of taking the A levels. The … [Read more...]

SINGAPORE BUDGET 2017

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Without a doubt, retail investors and fellow Singaporeans will be looking forward to the details of Singapore Budget 2017 to be delivered by Finance Minister Mr Heng Swee Kiat later today, 20 Feb 2017. The budget is expected to be one which will provide more details on how the government will allocate resources to transforming the current Singapore economy into the future economy envisioned in the … [Read more...]

Challenges for the modern millennial woman

Do you remember a post I wrote last year about why I left my previous job? One of the main reasons being the deteriorating relationship between my tax partner and tax manager (after her return from maternity leave) over mismatched expectations, lack of communication and poor conflict resolution. This put me in a difficult position in the middle between the both of them and I hated it. Would you … [Read more...]

CFE post : How SMU can fit into the future economy.

Yay ! Mid-terms are over. Today, I wanted to combine several posts into one. Of recent note, SMU has been on the radar of social media as of late. Exchange student Kerry Dwyer has written very candid comments about her SMU and Singapore experience here. In a mid-term party which was conducted by my JD pals yesterday,  my foreign classmates felt more inclined to agree with Kerry. There are … [Read more...]

What I learnt from 14 years of tutoring

I was filling up some forms for baby bonus and all the other paper work, when I realised that I had worked as a tutor for 14 years! That represents so much of my life, so I think I should reflect and think about some of the things I've seen and learnt from my students and their relationships with their parents and school in general. It'll be a good thing to do less of the wrong stuff and do more … [Read more...]

Why do some graduates better adjust to work place and perform better?

How many of you were given a user manual how to be successful at work? What are the things that you should do and things you should not do at work? This is something that was on my mind some time ago. This is especially so for the graduates fresh out of university and going into the working world. The transition from being a full time student to a full time employee can be quite a … [Read more...]

Are Singaporeans Unhappy?

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Tell me whether you agree with this: Singaporeans are unhappy. I was talking with a friend about the rather unusual path he has taken. He’s a planner focusing on helping people achieving financial freedom. He’s a guy that has to meets with people from different income levels every day, even high net worth individuals. And he pointed out something interesting to me about my fellow Singaporeans, … [Read more...]

SkillsFuture Qualification Award: Not a free lunch for me

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Ever since I've been told by my superiors that I'm eligible for company-sponsored training (about time yah? my previous contract jobs have no such benefits -.-), I've been combing the SkillsFuture course directory for courses that are relevant to my job scope. Incidentally, while browsing through the SkillsFuture website, I came across the SkillsFuture Qualification Award (see this link for … [Read more...]

Busy is Good?

  We Asians love to associate your success with work.   Recently, I met up with my friends to celebrate the Chinese New Year before it starts. Due to the extremely hectic schedule of many of them, we finally managed to squeeze a day out to meet. This makes me feel so lazy, as I seem to be the one who is able to make it most of the time! Many of my friends are so busy that they clocked numerous … [Read more...]

Gong xi gong xi

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Some companies are wishing themselves happy chinese new year with their retrenchment exercises near the festive season. One of the more notable examples is given below: Besides that, HSBC also recently closed some branches and cut some jobs (here). I guess we all have to strive for financial freedom one day, because there'll come a time where even if you want to work, you might not be able to, … [Read more...]

January is coming to an end

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When we were asked what we look forward to in the new year, all of us (NSFs) in the unit replied in unison, "ORD!". The first month is coming to an end soon. It's been also a year since I started this blog and tracked my finances. In that process, one observation was clear. Your career is the single most important source of building wealth We are told by our parents to study hard and get … [Read more...]

My Career Story – Past, Now & Future

For the past 6 years I have been blogging, I have not really talked about how I transition my career growth from one to the next. It is not because that I had purposefully avoided them, but rather there is no impending urge to think and reflect about how I had transitioned from each stage to the next. I had mentioned several times in my post about how important human capital is in the … [Read more...]

My la la land clarified!

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From my part 1 and looking at the comments, initially I was indignant. Why are you guys not supporting me? However, on a closer look, I am happy that you cared, no sarcasm whatsoever. It would have been worse if nobody have commented. You guys gave me good and sound advice and cautioning me against throwing everything into the wind. Thank you for caring and sharing! Anyway, I realised I … [Read more...]

Is Freelancing Worth It?

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It seems like I am not the only one as more and more millennials are turning to freelancing. As a tutor and budding writer during the past one year or so, I have had my fair share of triumphs and disappointments. So, I thought it would be good for me to share some of my insights so that people pondering on making this switch can have a better understanding of this life before making the … [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...]

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...]

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...]

CREATE MORE WEALTH NOW!

We are into the first two weeks of Year 2017. How is your working life so far? I asked as I believe most of us are employees and hence we spend a lot of time at work. I asked as most of us have one main source of income for which we spend most of our working hours at. I always believe since we deploy so much of our time to earn our salaries, we have to perform our best. It is not simply about … [Read more...]

Why lazy people "want" to continue working?

(I salute Tan Hock and Wilson Poh.) An exchange with another blogger. Blogger: Just thought I'd share this since many investment bloggers (whose plans, like mine and yours) are to live off investments; Not sure if it's because a significant number do not understand the trade-offs involved nor the aspirations of passive investors, but it is a poorly conceived notion that living off … [Read more...]