Category: Shopping

Millionaires Go Here for Great Deals

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The best kept secret on where to buy clothes at bargain prices.

Self-made millionaires don’t become rich by giving their money away. Contrary to popular belief, millionaires often spend less (as a proportion of their total income) than non-millionaires. Self-made millionaires also hunt for great deals on clothes, household goods, and accessories, so don’t be surprised if you are shoulder to shoulder with these wealthy savers at …… the thrift store.

I’ve been shopping at thrift stores for most of my life (which is partly why I still have sticker shock every time I see a mall price tag), and because I’ve “seen it all”, I can tell you that most of the time, thrift store prices don’t really excite me… that is, until my recent visit to the Red Cross Thrift Store. Here’s what I found: (more…)

Compare Prices Across All Major Supermarkets in Singapore

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A confession: I’m addicted to this “expensive” snack. But now I can find which market has the best price for it.

Is there a particular food that is a staple in your household? For me, it’s Tao Kae Noi Seaweed. I enjoy it as an afternoon snack nearly every day; for my hubby, it’s milk and coffee. So whenever these items are on sale, I often stock up and buy as much as I can carry. But unless an item is specifically advertised as being on sale, how would a person know which supermarket has the best price for that item? Prices change weekly at each supermarket. Sure, you can visit all the online shops like Fairprice, Giant, Cold Storage, Sheng Siong, and Redmart, and search and compare prices for a particular item, but now there’s a much easier way!

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Earn Cash Rebates for Stuff You Already Buy

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ShopBack shares their commission with you if you use their referral link. (Photo by ShopBack Singapore)

If you already use voucher deals, such as Groupon Singapore and Deal.com.sg; and loyalty programs, such as Plus! LinkPoints, PAssion TapForMore Points, and Perx, but still want to kick it up a notch in terms of savings, now there’s a cash rebate programme that gives you a percentage of what you spend on an online purchase back to you in the form of a rebate. It’s called ShopBack. (more…)

Where to Buy Vitamins and Supplements

Two online supplement shops that provide cheap and fast shipping to Singapore.

Although vitamins and supplements are not regulated by any government agency or organization in terms of their efficacy or even their authenticity and purity, just about everyone I know takes them, and many people even swear by them. The HSA states on their website that “unlike medicines which contain potent medicinal ingredients, health supplements are currently not subject to approvals, licensing or registration before being sold in the local market.” Many people are unaware of this warning, and believe that as long as they buy from local stores, they are buying a product that has been tested and found to be safe and effective. Online sources, for many, are considered unsafe. However, there really is little difference since all supplements, no matter their source, are not regulated, but if you buy from local “brick and mortar” stores, such as Guardian, Unity, GNC, or Holland & Barrett, you may be spending 10-50% more than if you buy online. The selection online is also more vast. (more…)

Why Banks are the Tallest Buildings and Lamborghini Drivers are Poor

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Note to MAS: don’t just put a limit on unsecured debt, put a limit on credit card & loan solicitors!

In every city, usually the largest and tallest buildings are bank buildings. This should give you a sense of how much influence and profits they have. They are often much bigger and more prominent than government buildings. Many of them make the majority of their money through personal banking services, such as through loans and credit cards. Although just about every religion forbids usury rates (i.e., excessive or abusive interest rates that unfairly enrich the lender), banks somehow are able to issue credit cards with 26% annual interest and nobody seems to object. I recently attended a talk in which a Singaporean economist said that about one-third of credit card balances in Singapore are revolving (and are thereby subject to these outrageous interest rates). The sad thing is that once your balance is subject to these high rates, paying off the principal becomes extremely difficult because the interest just keeps growing exponentially. (more…)

Is the NTUC Membership Worth It?

Here are 7 reasons why NTUC membership is well worth the price.

The National Trades Union Congress (NTUC) is the sole national trade union centre in Singapore that is affiliated with 60 trade unions and 1 taxi association. The membership is open to anyone age 16 and older, except personnel from Singapore Police Force, Singapore Prisons, Auxiliary Police bodies, foreign domestic workers and full-time students. For my family, the membership is definitely worth it; in fact, it pays for itself. Here’s what you get by paying their annual membership fee of $117: (more…)

Where to Buy Cheap Fresh Produce (including Organic Produce)

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The Pasir Panjang Wholesale Centre sells fresh produce at wholesale prices to the general public.

One of the best places to buy cheap and fresh produce is at the Pasir Panjang Wholesale Centre. This is where a lot of wet market vendors, restaurant owners, and caterers go to get their supplies. The centre is open 24 hours a day, with its busiest hours in the early morning between 2 and 4am when it’s auction time. Despite the name, you can still get a good deal even if you’re not buying huge bulk quantities. (more…)

Where to Buy Cheap Groceries

There are nearly 40 ValuDollar shops that sell groceries at steep discounts.
There are nearly 40 ValuDollar shops here that sell groceries at steep discounts.

In additional to buying wholesale and in bulk, another way to save money on food items is to buy “B stock” groceries. These are food items that did not pass the rigorous standards of the food manufacturer or retailer, but are still (for the most part) acceptable, safe, and nearly as good as the original item but a whole lot cheaper. In the States, Grocery Outlet is the place to go for “B stock” pantry items; in Singapore, I go to ValuDollar. (more…)

Warehouse Club Membership: Is It Worth It?

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The new NTUC Warehouse Club is the Singaporean version of Costco.

Ever since I was a child, my family always had a Costco club card that allowed them to make bulk purchases at a discount. It definitely comes in handy if you have a small business or a huge family, or have to organize large social functions and gatherings on a regular basis. But when I left for university and was on my own, it just didn’t make sense to continue my membership and pay the annual membership fee. So does the NTUC Warehouse Club make sense for those Singaporeans who do not have businesses or large families, and do not attend social gatherings that require bulk purchases? Let’s compare the alternatives and you can be the judge. (more…)

The iPhone 6’s Real Legacy and an Inconvenient Truth in Singapore

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The iPhone 6 launch drew large crowds around the world, but in a couple years, where will all these phones end up?

It’s been over a week since the launch of the iPhone 6, and the worldwide demand is still quite high. In Singapore, I’ve heard stories of people queuing for over a day and of people getting into fights over this new phone. Personally, I would advise people to think twice before taking the plunge and upgrading to the new iPhone, though not because of its price tag. To me, there is a much bigger and far more important reason and it’s something that most Singaporeans aren’t even aware of.

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