Personal Finance
Is it still possible to get 2% p.a. returns on your savings in this climate? Yes.
By Singapore's Budget Babe  •  September 14, 2020
If you’re looking for a place to park your spare cash while earning 2%* p.a. for the first year with the option to liquidate anytime you wish, Dash EasyEarn by Etiqa Insurance might just be your answer.  Based on the Fed’s latest mandate, global interest rates are probably going to stay low for the next few years. Leaving your savings in traditional bank accounts where you only earn 0.05% p.a. interest a year is akin to letting the value of your money be eroded by inflation. Not such a good idea! We’ve been seeing a reduction of interest rates across the world, and Singapore hasn’t been spared. While this has been good news to borrowers (lower interest on their loans), savers have been lamenting about finding the next best place to park their money. Can you still get good returns on your savings in this climate? The answer is yes, if you know where to look....
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By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
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