Get the best value for your money
Wouldn’t it be nice if instead of a 3-week grace period (which is what you typically get from using a credit card), you got an entire 2 months to pay off your purchases? That’s 4 instalments (one instalment every 2 weeks) to pay off a balance while accruing zero interest and zero fees. That’s exactly what hoolah offers shoppers. What is hoolah (pronounced “hula”)?
[This article was written as a result of a Q&A session with the CEO of ValueChampion. This is the full-length, unedited version.] Most people know that education is a powerful and proven way to get out of poverty. But what they don’t realise is that it’s easy to slip back into poverty, even with a high-paying job. Let me explain. (more…)
[This article was contributed by Electrify Pte Ltd] The nation-wide roll-out of the Open Electricity Market (OEM) is on the horizon, and this could mean saving money on your utility bill. This article will help you plan for the roll-out. And if you’re unsure whether switching to a retailer is the right choice, here’s a list of benefits that could help you weigh your options. (more…)
This November, households and businesses can buy electricity on the open market. Currently, the Open Electricity Market (OEM) is only available in parts of Jurong (as a pilot). But soon, it will be open to everyone. And this means you can choose plans that best suit your needs so that you can save money. (more…)
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.
As a uni student, I couldn’t even afford to buy used textbooks. Instead, I would borrow them from the library for 3 weeks, renew for another 3 weeks, then return them to do it all over again. The cost of textbooks can be a financial burden. I used to wonder why older students couldn’t just pass their textbooks down to younger students. “It’s not that easy,” people would say. Well now it is, at least for primary- and secondary-school textbooks. The FairPrice textbook sharing programme, now in its 35th year, has just gone digital. It is now an online platform and mobile app, making it super convenient and easy to donate and request books.
Personal finance and financial planning both focus on a set of numbers to gauge your financial health. If you ask people what is the most important number, many would say “their target sum for retirement”. This number is usually around $1 million or more. A few might mention their investment rate of return, their net worth, or their anticipated life expectancy. But there are more important (yet often overlooked) numbers you should really be concerned with.