Owning a Car in Singapore can make sense

Fellow Blogger, Bullythebear, covered an interesting concept he read from 'Tools of Titans" by Timothy Ferris. It talks about weighing the utility of the extra time gained from spending an extra dollar to get it. This concept reminds me of constant conversations about how a car is a tool of convenience through saving time. So, I will be using a mathematical approach to show when owning a car in … [Read more...]

Expenses Update: January 2017

Just a month ago, we actually established a budget of $42,000 for our expenditure in 2017. This translates to a $3,500 monthly budget and to give ourselves some leeway in the first few months, I gave an additional $5,000 buffer. Unfortunately, in this month alone, we have used up $2,000 of the $5,000 buffer as there were plenty of birthday/wedding celebrations and Chinese New Year was also in … [Read more...]

Money Saving tip: Don’t throw away your mandarin orange peels!

Happy Lunar New Year! With mandarin oranges being one of the core items that you bring along for house visiting, I'm sure you'd have at least a pair of oranges in your house. Other than eating it, how about making the full use of this amazing fruit by saving the peels? It's environmentally and pocket ($) friendly. FYI, these works well for any citrus peels :) Here's what you can do with … [Read more...]

$3K salary a month but saving $16K this year!

Hello AK, How are you? One year ago i've start following your blog and chatting with you via FB as well. I got so much things to share and update you. After completed my private degree, i have changed a job and income increased from 2.4k to 3k.  Some of my friends are still earning more than me. i was so stressful to keep up with the market and expenses. But thanks to AK's Blog, everything … [Read more...]

Eminence Cufflinks – Dress For Success

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I don't usually shop much these days, unlike in the past where I often drew up my wardrobe full of nice shirts and pants and planned onto what to wear for each days of the week. The few things I do still have a weak spot on however is accessories and this covers the likes of belts, watches and cufflinks. A few days ago, the Marketing Director from Eminence Cufflinks … [Read more...]

20 essential things to get before baby’s arrival

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It's a daunting task to cater and care for another human being. Besides the physical changes to the mother's body, hospital bag to pack, spaces will need to cleared and arrangements will need to be sorted out. A hole in your pocket can be reduced if you are like me, buying everything online. Warning: This is not for everyone. I do not need well known brands or seek approvals from friends and … [Read more...]

Best credit cards for large purchases in Singapore.

How to be ahead of the game? Please don't believe everything bloggers tell you. Sometimes, bloggers can also be minions of wealth destruction. A personal finance blog says if a designer bag you want arrived earlier than expected and you haven't saved enough for it, there are some credit cards with benefits which you can consider using. OMG! It doesn't matter what they say after that … [Read more...]

66.3% increase, what is it?

Ever since I start working, beside focusing whether my stocks portfolio goes up or down, I am also focused on how a sedentary lifestyle behind a computer means to my health. For health is wealth. And if spending close to ten hours a day sitting behind a workstation is not enough, consider this: I also have to indulge in some good food on some workdays to escape from the stress and politics of … [Read more...]

12 Months of Savings Guide

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12 Months of Savings Guide Each month brings new challenges, from the holidays and Valentine’s Day to the back-to-school shopping frenzy in late summer. So with that in mind, here are 12 ideas to help you save more and spend wisely one for every month of the year January Are you stepping into the New Year and reflecting on the spending you made on holiday presents? Pretty sure you'll be … [Read more...]

$450 / 19.7% Credit Card Cashback Lobang Guide

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Serious or not? How to save $450 on credit card spending? Spend $26,666 on AMEX cashback and get 1.5% back, is it? Not quite. Well, here's what you need to do it: 1. Have a minimum income of 30k 2. POSB Everyday Mastercard (min income 30k) 3. SCB Manhatten Mastercard (min income 30k) 4. CIMB Visa Signature (min income 30k) ** All promos listed are valid until 31 March 2017 only, … [Read more...]

Cory Diary : Value Spending

Since young there is not much money to spend. Will always use up my allowance on titbits, pencils, rubbers, meals etc. Looking back, there is not much to save anyway and spending what given is a kind of natural thing to do. In my mindset allowance given is for me to spend and my parents are really good at it on how much I really need on food, bus fair and some extras. So I could say in my … [Read more...]

Mt Alvernia – Mother&Child Guidebook review

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I was pleasantly surprised to be invited to review on this guidebook (Click to read) because I have only started the #Familytalk series this year. I truly enjoyed my stay in Mt Alvernia but that is not why I agreed to do this review. The chief motivating factor is because this guide has been painstakingly compiled yet given free of charge to everyone. I can see it benefiting not just pregnant … [Read more...]

Expenses Review 2016

That time of the year when i look back at my expenses in 2016... and see how much better or worst did i fare financially... I really only started tracking my expenses in 2015 when i got YNAB, and my first year expenses were recorded in 2015 expenses review. It was pretty interesting to see where my money went to. I guess it would be even more interesting (for me that is) to see where i stack … [Read more...]

2017 (Monthly) Money Saving Challenge

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Now that a brand new year has started, this is the time where many people typically decide to improve their personal finances as part of their New Year's resolutions. One popular savings challenge that has been attempted for many years is the classic 52 week money challenge: Week 1: Save $1 Week 2: Save $2 Week 10: Save $10 Week 30: Save $30 Week 52: Save $52 By the end of the … [Read more...]

Chinese New Year 2017 Fixed Deposit Promotion

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Banks usually offer higher promotional interest rates during Chinese New Year. Standard Chartered Bank seems to be the first mover that launch its Chinese New Year 2017 Time Fixed Deposit promotion. CIMB did not offer special interest rates for fixed deposits this year. Instead, they are giving away gift sets such as abalone and it is limited to a number of placements. I shall update the … [Read more...]

My Annual Expense Report – $26,238/yr and its link to Financial Security and Independence

I opine in the past that, you do not need to track your expense or you do not need to budget if you have a good handle of your money. However, not knowing how you spend your money, likely make you unaware of a key data that will make you realize you are closer to being financially secure or independent. I been doing this budgeting and tracking for the past 12 years, so this is a glimpse of … [Read more...]

Grabbing Hold Of The Winds Of Change

Hey, what happened to my annual review and/or new year resolutions post? Nah, I believe that change can happen whenever we want as long as our will is strong. I made Christmas resolutions haha! Which includes the usual – eat better, sleep better, and exercise better. Wear less contact lens. And unsubscribe to useless emails. Along the way, mr-stingy and Heartland Boy were kind enough to think … [Read more...]

My First Talk On 12 Jan 2017: Do Show Your Support!

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It’s only been a few days into 2017 and I am sure you have made some new year resolutions with regards to Money and Love. If you’re single, are you hoping to get hitched in 2017? And how do you know he/she might be the right one? Or if you’re happily attached, perhaps your goal is to tie the knot? What are some common potential money pitfalls you wish you could avoid before getting … [Read more...]

Our First Budget In Years: $42,000 in 2017

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I am being perfectly honest when I say that the 15HWW household has not had a budget in years. For the past few years, we spent whenever we felt the need to and would never put off a purchase just because we “busted” some imaginary budget. But just to make us more alert of our spending and brush up on our frugality skills, I have actually decided to impose a $42,000 budget for 2017. Why … [Read more...]

2016 annual expenses of S$120,000

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The week and the year 2016 is coming to an end with one more day of work before I get to enjoy another long weekend. Looking forward to a nice Japanese dinner with good friends tmr on NYE before counting down to the new year 2017 at their place! I might have another post about 2016 in review but it's been a tough year on many fronts for my wife and I. We had great times with each other, our … [Read more...]