Most articles that talk about saving on your grocery bills focus on either (1) identifying which shops, grocery stores, or online outlets you can get groceries for less, (2) using coupons, loyalty cards/points, vouchers or other such money-saving tactics, or (3) buying cheaper food alternatives or not buying certain things. There might also be some articles on dumpster-diving, bartering, or growing your own food as a means of saving on groceries. But where I’m going with this article is completely different, I promise. (more…)
[This article was written by Anastassia Evlanova, and first appeared in valuepenguin.sg] Planning a budget-friendly trip can be difficult due to the many factors that can suddenly affect airfare and hotel prices. Read on to find out when to book your next vacation to get the most savings.
Taobao is one of the world’s biggest e-commerce websites, as well as one of the world’s top 10 most visited websites (along with Google, YouTube, and Facebook). Since just about everything is made in China, many Singaporeans can save money by shopping from Chinese merchants online. But Taobao is a consumer-to-consumer marketplace, which means you’re buying directly from an individual (not a company). This means you may not get the best consumer service or customer protection. To add a layer of protection and to avoid common scams, you can use a Taobao agent such as SGshop. (more…)
I started wearing contact lenses 15 years ago. At that time, I was finishing uni in the States. Back then, there were only a few online shops, and the savings didn’t seem very significant. I used to buy from Lens.com. And when I first moved to Singapore, I continued buying from Lens.com despite having to pay US$20 for international shipping. Then I started buying them whenever I went to JB. Contact lenses are much cheaper in Malaysia. But if you don’t want to travel to JB to get your lenses, consider buying from MrLens, Malaysia’s largest online contacts store that also ships to Singapore. (more…)
If you’re just starting out, in transition, or in need of a complete career makeover, you might want to seek the advice of a career coach. Normally, career coaching can cost anywhere between $100 to $300 an hour. But at the Employment and Employability Institute (e2i), these services are free for Singaporeans.
I recently attended a Singapore Investment Week seminar which included a talk on investing using Robo-Advisors. Their argument is a compelling one. Why use fund managers who are shown to underperform (over the long term), yet when they do poorly, you still pay them a fee regardless? Stocks go up and you pay their fee. They go down, and you also pay. And their fee can be very high. Robo-Advisors also have fees, but they’re typically about one-quarter of the fees for a mutual fund/unit trust. But there is another option that could be even better, one in which I personally use.
First-world nations have a lot of HENRYs (High Earners, Not Rich Yet). They are the “working rich”, those who would stop being rich once they stopped working. They make a lot, but spend nearly all of it. Many professionals, including lawyers, doctors, and bankers, fall into this category. And what eats away at their money, more than anything else, is something called lifestyle inflation.