Personal Finance
The TikTok Hack To Partially En-cash $100 NS55 Digital Credit Actually Works.
By Investment Income for Life  •  July 11, 2022
I was initially skeptical when I read online that a TikTok user has discovered a "hack" to partially encash the NS55 $100 credit using Sheng Siong's $TM cash dispenser machine. While going grocery shopping with my wife over the last weekend, I decided to give it a try while my wife was queuing for payment at the cashier. The $TM cash dispenser at Sheng Siong gave me a heart attack for a few seconds as after the credit has been deducted, no cash came out and I instantaneously regretted not spending the money at F&B outlets directly. But to my surprise, cash was indeed eventually dispensed out of the machine after the lead time for processing and validation. So how does this work? Quick Background Our Singapore government has decided to give S$100 to every current and ex-national servicemen S$100 credit to commemorate the 55th year of National Service and to recognize the contributions made by Singaporeans and permanent residents who had served the country....
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By Investment Income for Life
I am an Accountant by training and is currently working in a global MNC in the Supply Chain industry. During my free time, I enjoy reading up on topics such as stock investing, insurance planning and property investment. Since 2012, I have started penning down my thoughts on certain financial matters while striving to achieve financial independence.
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