Are You Being Duped into Buying Picks & Shovels?

Having once lived in the vicinity where the largest gold nugget in America (49.5kg) was found, I was taught a very important life lesson — only a lucky few get rich from mining for gold; the real money is from selling picks and shovels. Who are the pick and shovel merchants today? How am I being duped? And what does this have anything to do with life? The answer: more than you think. (more…)

What to Do If You’ve Been Scammed

It’s easy to think you wouldn’t fall for a scam. Until it happens to you. Unfortunately, the very thing that allowed us to advance as a species is also what makes us incredibly vulnerable — our trust in others. Here’s what you can do when that trust gets violated. (more…)

Today at Apple offers Free Classes on Coding, Prototyping, Sketching, Photography & Videography

We are all artists and creatives at heart, even though we may not think we are. And our smartphones enable us to do and create so many amazing things. The hard part is getting started and knowing how to start. Fortunately for Apple fans, Today at Apple has totally free and fun how-to classes and interactive activities for the public.  (more…)

Think You’re Reading an Unbiased Review or Blog Article? You’re Actually Reading SponCon!

With the steady increase in the viewership for Frugal in Singapore, I’ve received an increasing number of requests for sponcon (sponsored content). Sponcon is basically where a company/marketing agency pays a blogger a fee for publishing a fake review or an advertorial (an advertisement giving information about a product/service masquerading as an objective journalistic article). As a blogger, how much can you make filling your site with sponcon and advertisements? Enough to make it your full-time job! (more…)

How the Sunk Cost Effect Causes Us to Make Bad Money Decisions

Of all the bad decisions I’ve made in my life, here are my top three: 1. I once stayed waaaay too long in a bad relationship. 2. I overpaid too much on my first home (16 years ago), and sold it at a huge loss. 3. At various moments in my life, I hold onto things I know I will never need or use in the future. What do all these have in common? They are examples of the sunk cost effect. (more…)

Why this Bargain Wedding was Better than any Hotel Wedding I’ve Ever Attended

I have a confession. This may sound harsh but I know many others who feel this way. I secretly cringe at the sight of a [Chinese] wedding invitation. It’s sort of a #thanksnothanks moment. I’m thankful you count me as a friend. But I’m not that fond of dressing up, wearing uncomfortable shoes, enduring a very lengthy dinner that’s devoid of vegetables, spending just two minutes congratulating you, but the rest of the time, mingling with others that I (or you) barely know. All this, while also helping to fund your special occasion. And for that, no thanks. (more…)