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Oct 30, 2024 | 
dollarsandsense.sg
Once you've saved enough for retirement, you should actively give to your family and charities, and accumulate memorable life experiences.
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Oct 29, 2024 | 
dollarsandsense.sg
Here are various costs associated with owning and operating a motorcycle in Singapore over a decade, including COE, taxes, insurance, and maintenance.
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Oct 18, 2024 | 
dollarsandsense.sg | Timothy Ho
Buying a Rolls-Royce in Singapore will be one of the most expensive vehicles that anyone can ever own as a vehicle in the world
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Jan 11, 2024 | 
dollarsandsense.sg | Timothy Ho
Setting financial resolutions at the beginning of a new year has always been a popular practice. Many of us would want to improve our financial habits, such as controlling our spending, saving more, or investing consistently. Setting financial resolutions for oneself can be straightforward. However, achieving these resolutions frequently depends not only on our individual efforts but also on the cooperation and involvement of our partners.
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Jan 9, 2024 | 
dollarsandsense.sg | Dinesh Dayani
Employers contribute up to 17% of their workers’ salaries to their CPF accounts. In addition, employees also contribute up to 20% of their salaries in employer’s CPF contributions. This is how companies here play their part in building a safety net for Singapore workers in their old age. It is also the responsibility of employers to pay both the employer’s CPF contribution and the employee’s CPF contribution.
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Jan 9, 2024 | 
dollarsandsense.sg | Angela Teng
It’s the new year and some people are considering a job switch or perhaps considering a change in environment. This could also be your first job or that you want to explore a new job to get a pay bump to curb the rising costs and inflation. A deciding factor to a job change will depend on whether if your industry is doing well. According to data from the Ministry of Trade and Industry (MTI), the Singapore economy grew by 1.2% in 2023, moderating from the 3.6% growth in 2022.
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Jan 8, 2024 | 
dollarsandsense.sg | Timothy Ho
This article was written in collaboration with GovTech. All views expressed in this article are the independent opinion of DollarsAndSense.sg based on our research. DollarsAndSense.sg is not liable for any financial losses that may arise from any transactions and readers are encouraged to do their own due diligence. You can view our full editorial policy here.
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Jan 8, 2024 | 
dollarsandsense.sg | Dinesh Dayani
Every Singaporean household will receive $500 CDC vouchers in 2024, as part of the $300 announced in Budget 2023 and an additional $200 from the $1.1 billion Cost-of-Living Support Package to help cushion the impact of inflation and additional GST. These CDC Vouchers can be used at participating heartland shops, hawker centres and supermarkets. $250, or half, of the $500 CDC vouchers are set aside for spending at heartland shops and hawker centres.
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Jan 7, 2024 | 
dollarsandsense.sg | Shashi Kant Kumar
Hawker centres in Singapore are a key congregation point for those looking to get a wide selection of food at affordable prices. Usually operated together with a wet market, there are currently 118 NEA-managed hawker centres throughout Singapore. As these hawker centres are spread across the island, some are sited in more densely populated areas, thereby commanding a higher rental premium than other hawker centres, which is decided through a bidding process.
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Jan 7, 2024 | 
dollarsandsense.sg | Shashi Kant Kumar
Many of us would have been advised to get on the property ladder as soon as possible so that we could stretch our loan longer and ride the long-term trend. As such, in Singapore, where we have one of the highest homeownership rates in the world, the proverbial question of whether to buy or rent a private property may seem as clear as day—or is it? Proponents of property ownership would be quick to point out the rise in property prices over the past couple of years as the basis for their case.