Category Archives: Financial Concepts

Planning for your home loan instalments

    In my previous post, I shared a quick figure.   So how can you do a quick financial planning with this knowledge?   Let’s say you would like to buy a new house, a resale HDB flat. A … Continue reading

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Some loan figures at a glance

  I was doing some HDB loan calculations and was wondering about monthly repayment amounts.   I thought I would share a quick figure for anyone, who might be like me, needing a quick estimation of loan repayment amounts.   … Continue reading

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Up to 1.6% p.a. with Maybank SGD Time Deposit

  Place a minimum of SGD$60,000 with Maybank Time Deposit (commonly aka fixed deposit), to enjoy up to 1.6% p.a. interest rates.   The interest rates for 12 months tenor = 1.10%. The interest rates for 18 months tenor = … Continue reading

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CPF Interest Rates

  Do you know CPF interest rate is reviewed quarterly?   For the quarter from July 2013 to September 2013, rates remained unchanged at 2.50% per annum for Ordinary Account (OA).   Also, for the first $60,000 of a member’s … Continue reading

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NTUC Membership

  Previously I mentioned that a good membership to get is NTUC. I decided to provide more details on this membership in this post based on my understanding.   To be a NTUC member, one needs to sign up to … Continue reading

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Have you wondered what are the lifestyle memberships that are worth getting?

  This post is inspired by a colleague.   We happened to have a meal together and in the midst of the conversation, I got to understand part of her lifestyle (grocery shopping part) and realised she is not maximising … Continue reading

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Plan for your retirement now!

  I know it’s been a while since I’ve posted anything. Even though that’s the case, I am still brushing and updating on my financial knowledge whenever possible.   Today while reading some articles, I came across this statement – Starting … Continue reading

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Maybank Time Deposit Promotion

  1.6% p.a. Promotion – is only applicable to Privilege Plus Deposit customers aged 55 years old and above and made a minimum placement of $1m into a 36 months Time Deposit.   Otherwise, for a minimum 12 month deposit … Continue reading

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Is your salary your only source of income?

  I know for most people, salary is the only source of income. And I know most of these people regretted it when they reached an old age.   Salary is what we call a linear or active income, meaning … Continue reading

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