As I’ve mentioned before, when I lived in the States, I was sort of an “extreme couponer”, often paying less than half price for nearly every purchase. In the States, printed coupons are quite common and often “stacked” on top of electronic coupons, resulting in extreme discounts. Unfortunately, printed coupons are not so prevalent in this region, but electronic coupons are gradually gaining ground. The problem is it’s sometimes tedious to find them. Fortunately, there are sites like this one: (more…)
You’ve probably heard of Groupon and Deal Ensogo, but another group buying & daily deals site that you might not be as familiar with is the iMOB Shop, which is actually an acronym for “I’m on Board”. This e-commerce shop is part of SMRT Investment (yes, the same SMRT that transports you around this island). This daily deals site launched just last year, and since then, has been gaining popularity. (more…)
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…)
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!
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…)
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…)
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…)
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…)
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…)
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…)