A blog about finance literacy in Singapore context
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Guide to Best USD Fixed Deposit Rates in Singapore 2024: Secure Your Savings with Top Offers
Last updated: February 2024 Key Takeaways Introduction Discover the best USD fixed deposit rates in Singapore and learn how to secure your savings with top offers. We’ll delve into the intricacies of USD fixed deposit rates, helping you make informed decisions to maximize potential earnings. Question: What are the best USD fixed deposit rates in…
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UOB One Account Review Singapore 2024
Last updated: February 2024 Key Takeaways Introduction Discover the UOB One Account: a savings solution rewarding disciplined spenders with attractive interest rates in Singapore’s competitive banking landscape. Question: How does the UOB One Account benefit savers in Singapore?Answer: The UOB One Account benefits savers by providing higher interest rates for those who meet specific monthly…
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How to Open a CDP Account in Singapore 2024: Your Step-by-Step Guide to Easy Setup
Last updated: February 2024 Key Takeaways Introduction Embark on your investment journey in Singapore with ease: Learn how to open a CDP account, the gateway to trading securities on the SGX. Question: What is the process for opening a CDP account in Singapore?Answer: To open a CDP account in Singapore, you must be at least…
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Is the 1-year T-bill Better than the 6-month T-bill and Fixed Deposits in Singapore?
Last updated: February 2024 Key Takeaways Introduction Unlock the potential of T-bills and fixed deposits: Understand their returns, risks, and how they fit into Singapore’s changing economic landscape. Question: Is the 1-year T-bill better than the 6-month T-bill and fixed deposits in Singapore?Answer: The 1-year T-bill may offer higher yields than the 6-month T-bill due…
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Review: HSBC Revolution Card Singapore 2024
The HSBC Revolution Card in Singapore offers an appealing option for individuals seeking a credit card that aligns with their everyday spending habits. Known for its reward points system, the card emphasizes earning points on a wide range of categories including travel, shopping, groceries, dining, and transport. It stands out in a crowded market of…
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Review: Citi ULTIMA Card Singapore 2024
In the realm of luxury credit cards, the Citi ULTIMA card has cemented its position as a symbol of exclusivity and premium benefits in Singapore. Tailored for the affluent, this card is not just a financial tool but a statement of lifestyle, offering a repertoire of lavish perks that cater to the discerning tastes of…
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Review: DBS Vantage Card Singapore 2024
As enthusiasts in the realm of personal finance and card benefits, we’re examining the DBS Vantage Card, a notable addition to Singapore’s credit card market. This mid-tier luxury card is aimed at a discerning clientele, catering to individuals who seek elevated travel experiences and dining pleasures. A key aspect that distinguishes the DBS Vantage Card…
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Review: OCBC Titanium Rewards Card Singapore 2024
The OCBC Titanium Rewards Card stands as a prominent option within the array of credit cards available in Singapore, tailored to fit the lifestyle of avid shoppers. It offers a compelling earn rate of rewards points on shopping, both online and offline, making it a potentially valuable tool for those looking to maximize their spending…
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Advice to the young from Hong Kong’s richest man – Li Ka Shing
Advice to the young from Hong Kong’s richest man – Li Ka Shing. He talks about splitting our income into 5 parts. 30% – Living expenses. (i.e Food, transport) 20% – Social expenses. (i.e Phone bills, socialising) 15% – Education & Self-improvement. 10% – Travelling abroad. 25% – Investments, for savings or for starting a business.…
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5 Things You Need to Start Doing to Improve your Financial Standing
Key Takeaways: How can you effectively manage your money to improve financial health?To improve your financial health, adopt a robust money management strategy that includes budgeting, saving, investing, and debt management. Regularly review your finances, set realistic goals, and make informed decisions to ensure long-term financial security and freedom. Effective money management is the cornerstone…
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Why are Singapore Unit Trusts sexy?
There are bucket loads of Investment options available to the retail investor in Singapore and it can be mind boggling to consume all that content and try to make a decision. An investment decision is hard to make as you are putting your money to double it or triple and not erode it. Talking about…
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How to beat your Singapore banks interest rate with Investment Linked Insurance Policy
Key Takeaways: Can Investment-Linked Insurance Policies beat the interest rates offered by Singapore banks?Yes, Investment-Linked Insurance Policies (ILPs) have the potential to beat the interest rates of Singapore banks by combining life insurance coverage with investment opportunities. However, it’s important to carefully assess the risks and returns, as well as to consider your financial goals…