DIY Home Renovation: Getting the best bang for your buck

Spending money on renovation is similar to investing whose chief aim is to get the most value out of our money. Most would agree that the renovation journey can be hard especially for a first timer, and harder if you have no clue of what is in store. This post is to share some personal experiences on how to optimize the renovation budget and identifying areas for cost savings in cold hard … [Read more...]

The ultimate price review to baby formula milk in Singapore

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As I am promoted to a mummy now, I will be sharing more about the finances of a family. One big hole in the pocket is because of formula milk, no wonder we always say parents have to 赚奶粉钱 (earn money for milk)! The recent report by Straits Times is not helping. It states that the price of formula milk has gone up by 120% in 10 years, faster than any other raw materials. This post aims to … [Read more...]

Dabbling in Carousell over the long weekend

It’s been a busy long weekend. We went for a church service on Good Friday morning, went for lunch and dinner celebrations with our families later that day and on Sat as well. Not to mention the whole lot of shopping my wife did with her mum in between the lunches and dinners. We finally have a day off to ourselves today and will probably just relax and do nothing. There was something I did … [Read more...]

Resources for a Budget Wedding

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Riddle: What's the most expensive one-day affair in Singapore? If you guessed weddings, you got that right. With the costs of the average Singaporean wedding ranging from $40,000 - $70,000, it is no surprise that more and more couples are looking for ways to reduce this figure. After all, wouldn't it make more sense to spend it on your new home instead (which you'll be living in for years to … [Read more...]

How I Taobao-ed my wedding gown (and why it may make more sense to rent locally)

Getting your wedding gown(s) - Should you Taobao or rent locally? Being a Taobao bride can really help you to save a lot of money on your wedding outfits, accessories, decor, and more! There are even vendors offering video editing services, invitation card designs and prints on Taobao, and other related services. You'll just have to be good at using keywords to find all these hidden gems. … [Read more...]

On STI, Air Miles And Giveaway Winner

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The STI ETF has been doing a sideways dance since the first day I started investing in it on 24th December 2012. According to Stocks Cafe (previously SGXCafe), STI ETF has time-weighted returns (including dividends) of 13.2% during the same period. Meh returns? I suppose. I’ve always called myself an index investor, and not a passive investor. Index investing isn’t necessarily passive by … [Read more...]

How Much should You Save Each Month in Your 20s?

This is one question that I get a lot from people I interact with for the first time. This is especially good if it comes from a person just about to start work, or have started work for one or two years. However, when they ask this question, sometimes that is not the question that they are trying to find out. The question they want to find out: I want to spend but I want to do the … [Read more...]

Monthly Expenses and POSB Invest Saver update (March 2017)

Good day, readers! March has been a month of splurging for me as things like my mousepad and earpiece were worn out. Bought a book at my school bookstore too as the contents inside were essential readings for my module. Overall expenses had actually exceeded my monthly allowance (terrible money management). Hopefully there would not be anymore unforeseen expenses in the following … [Read more...]

2017 Q1 Expenses

I have yet to receive my Standard Chartered March statement so portfolio update will have to wait. I did a review on my 2016 expenses and concluded that it was too high. 3 months have passed since then and let's take a look at my Q1 expenses to see if they are below 1/4 of my last year expenses. Ideally, expenses should be less than $9,500, so how did KPO did? … [Read more...]

Why you should definitely buy a car in Singapore

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I was talking to a friend recently and we were discussing how it’s kinda hard to justify having a car in Singapore. Almost every personal finance website talks about how cars are just horribly, horribly overpriced here. It’s so overpriced that even Hollywood Stars are stunned by how much cars cost in Singapore. Check out Michelle Rodriguez’s priceless reaction when we the interviewer tells her the … [Read more...]

Expenses Update: March 2017

We spent about $4,250 in March and it was actually another rather frugal month by our standards. If we excluded the $700 that we paid for the day trips in Melbourne, the number would be much closer to $3,500. After including this month’s expenditure, we have still managed to lower our average expenditure this year slightly to $4,371.  This also means that when we take our trip in May, there’s … [Read more...]

Thanks SCB for all the Cashback!

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In June last year I found that SCB was having a ridiculous promotion of giving $138 cash credit if you signed up for their credit cards. I sat on it for a while and I finally applied in September and I received my card, which I used to pay for my online travel expenses when I went to Korea, helping me qualify to both keep the $138 cash credit and max out my 7% rebate for online spending. The … [Read more...]

Beginning of 2nd Quarter 2017!

Hi Everyone, Today is the beginning of the 2nd quarter in 2017, and I have tabulated my financial report card to check to see what is my current progress. I will report based my result in percentage (current savings / my financial target *100): 95% 95% of $160,000! This is indeed very near to my expected target! 5 more percent which is around $8,000 more to go! I have given myself 3 … [Read more...]

CabRewards vs GrabRewards

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CZM and I always do OT (sad life) and company policy allows us to claim our cab rides after certain hour. Last year, we were able to convert our CabRewards to $70 Comfort Delgro vouchers! These are the small little things that keep KPO happy. I will now analyze both options to see which is a better option. CabRewards  CabRewards is the first ever taxi rewards programme for Cashless paying … [Read more...]

Should I get a bridal package or go ala-carte?

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Between convenience and quality, which do you value more? Bridal Packages If you answered convenience, then bridal packages may be easier for you as they can offer a great deal of convenience to brides who are too busy to take care of the nitty gritty details. This can include your pre-wedding shoot, printed albums, makeup and hairstyling, corsages and bridal bouquet, your gowns and suits, … [Read more...]

Post natal massage – Is it necessary?

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It's common nowadays to hire a massage lady to soothe your physical pain after labour. For natural birth, the massage starts 2 or 3 days after and for caesarian, 1 to 2 weeks after labour. The massage lady is usually a Malay, doing freelance work and travels to your house. For those tied to the massage agency, you will need to pay for their taxi fares too. Cost is typically $50 to $75 per … [Read more...]

Change mobile network = Save money

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yea you probably have heard before Circle.life But why haven’t you change since its the most “monetary wise” decision to do so. Fear of changing number?? Registration fee?? Poor reception?? 1) Free porting – means you can hold on your current handphone number with the change of Telecom! 2) Current registration fee is $10 on top of your plan but I got you. USE “KSDYT” for $20 off. … [Read more...]

Bye EZ Link, Bye NETS Flash Pay, Hello MasterCard?

A while back ago, there was a news piece that quietly slipped past the radars of most people, but I read it with quite some keen interest. It was an article about how it was going to be possible to pay for public transport directly with your contactless credit card and charged through the credit card network instead of going through a stored value wallet. I recently saw a Facebook campaign by … [Read more...]

Expenses Update: February 2017

This update is at least a week late as I was simply too busy with the earlier posts. I honestly thought that there was a good chance we could spend less than $3,000 this month. Firstly, this is a short month with only 28 days and secondly, we managed to keep to within $500 for the eating out category, which is easily 50% lower than the norm. But some big purchases and gifts meant that wasn’t … [Read more...]

Capitastar and Frasers Rewards

As a KPO, apart from being thrifty, I tries to make sure that the money spent is fully utilized. For instance, I avoid paying cash/NETS as much as possible and prefer using credit card because there is rebates/miles/reward points. If you spend in either Capitaland Malls or Frasers Centrepoint Malls, you should participate in their loyalty/rewards programme. Simply register and download both … [Read more...]