Category Archives: Good Financial Habits and Tips!

What does financial freedom means to you?

  I just came back from a Taiwan trip. Some of my friends told me in-a-jokingly-envious tone – Good life, eh? Just went for a Europe trip and then now a Taiwan trip.   While I tried to play it … Continue reading

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Challenges as a result from a lack of money

  This video advertisement caught my eye. Office of the Public Guardian Commercial   It’s not the normal range of financial matters that I usually talk about in my blog but considering the kind of impact that this kind of … Continue reading

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About Passive Income and Having Positive Cashflow

  In my previous article, I mentioned income from salary forms my basic source of income for my investments.   This is known as ‘active income’. In other words, I’m exchanging my time for money. So what happens if I … Continue reading

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Effect of starting early and compounding your returns

  Today I was sharing with my brother about investing in stocks for dividend payouts as part of one’s long term wealth accumulation and growth plan.   I also mentioned generally stocks can give a 5% dividend yield. And if … Continue reading

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Are your investments getting you the returns that you want?

  Out of curiosity, today I did a rough calculation how much investment capital one would need to generate a return of $2,000 per month. Depending on the type of investment, returns can range from 2% to 5% or more. … Continue reading

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The Importance of Delayed Gratification towards Building Your Networth

  I read an article today talking about being flat broke despite earning a high salary. And having to struggle making a positive networth.   To quote from the article that I felt sums it all up very nicely – … Continue reading

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Credit card rebates are exciting

  I came across a nice quote today. “Tax savings are exciting, but the most exciting part of tax savings is using that money to increase your wealth.”   And it reminded me of how using credit cards wisely and … Continue reading

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POSB Everyday Card Daily$ expiry

  This is just a little tip for those who POSB cardholders who might be wondering about the expiry date to Daily$ – There is no expiry date for Daily$.   The good thing with not having an expiry date … Continue reading

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New Year New Start!

  It’s the first day of a new year. If you have had some unhappiness in the past or some financial investments that didn’t go quite well, this is a great time to put them down, make new plans and … Continue reading

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Financial lesson learnt from ILO ILO

  I just watched the movie ‘ILO ILO’ with my family.   This movie depicts the life of a Singaporean family during the 1998 economic crisis as well as the relationship between the son and the maid.   One feeling … Continue reading

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