Category: Lifestyle

Making mum’s CPF OA work harder with Endowus

In Finance, Fintech, ReviewsTags cpf, endowus, roboadvisor, wealth managementJanuary 24, 2020

While the CPF pays interest on your cash – 2.5% on your OA and 4% on your SA and MA, and an additional 1% interest on combined balances below S$60K, the interest rate paid on your OA barely beats inflation in Singapore, estimated to be around 2% annually.

The strategy for digital retail banks in Singapore

In Banking, Finance, FintechTags analysis, digital banks, strategyJanuary 19, 2020

In mid-2019, the Monetary Authority of Singapore (MAS) announced that it will issue 5 new digital full bank licenses to non-bank players in a major move to liberalise the banking industry in Singapore. But how far can they disrupt the industry?

Why roboadvisors might be worth the fees

In Finance, FintechTags roboadvisorJanuary 17, 2020

It's probably is contrary to popular belief - but if you're like me and you want things to work seamlessly, easily and effortlessly, then sometimes paying a premium for a product or service that delivers just that - might be worth paying a little more for.

FSM One ETF RSP Thoughts

In Finance, Fintech, ReviewsTags fsm, review, rspJanuary 12, 2020

FSM One launched their Regular Savings Plan (RSP) for select ETFs in November - up to 40 of them from their focus list across SGX, HKEX and US stock exchanges. In this article, I share my thoughts why I use them.

Focus on your strengths or fix your weaknesses?

In LifestyleTags thoughtsJanuary 11, 2020

Should you focus on your strengths or your weaknesses? The traditional way to resolve this would be to fix what you're bad at, but the modern way offers something different.

GrabPay MasterCard – more choices for consumers

In Credit Cards, FintechTags grabpay, mastercard, paymentDecember 25, 2019

In the year which saw numerous multi-currency debit card launches, Southeast Asian tech giant Grab has also joined the fray with the public launch of its GrabPay MasterCard after announcing its early access program earlier this year. In this article, I share my thoughts about why the launch of GrabPay MasterCard is great news for consumers.

The Best of Everything for a working adult – my recommendations

In Lifestyle, ReviewsTags reviews, the bestDecember 21, 2019

In this summary post called the best of everything for a working adult, I summarise the best of the financial and non-financial products, services, platforms and apps based on my personal opinion so that you can quickly get started in the right direction.

Preparing my personal finances for 2020

In Finance, LifestyleTags personal financeDecember 6, 2019

With just a month to go before the new year, I thought it'd be a good opportunity time to do a review of my personal finances with little Marie Kondo-inspired twist this year - simplifying my finances and getting rid of 'unloved' investments.

Revolut vs TransferWise – the battle of travel multicurrency wallets

In Finance, Fintech, Reviews, TravelTags multi-currency, revolut, transferwise, walletOctober 25, 2019

Revolut and TransferWise are both useful digital platforms offering you a multi-currency wallet and exchange between currencies within the app without expensive markups - saving you tons of foreign transaction fees when travelling or paying in foreign currencies.

The best travel apps to save money when travelling

In Finance, Fintech, Lifestyle, Reviews, TravelTags budgeting, reviews, travelOctober 20, 2019

While budgeting for our expenses and having good money habits continue to serve an important role in personal finance, we can make smarter choices when travelling by simply using the right apps and strategies.

DBS digiPortfolio Review

In Finance, Fintech, Investing, ReviewsTags dbs, digiportfolio, robo, roboadvisorOctober 18, 2019

DBS digiPortfolio is DBS’ solution to professionally-managed investment portfolios for retail investors through automation, scale and low cost index funds, bringing several benefits such as portfolio management expertise from their investment team, incorporating viewpoints from their Chief Investment Office (CIO) at a flat annual fee of 0.75%.

TransferWise Platinum Debit Card Review: the cheapest way to convert and spend money overseas

In Finance, Fintech, Lifestyle, Reviews, TravelTags currency exchange, debit cards, money, transferwise, travelOctober 15, 2019

If you travel overseas - you will find the new TransferWise Platinum Debit MasterCard useful. It allows you to exchange foreign currencies at the real exchange rate - the one you see on Google - saving you hundreds of dollars in fees every year.

The Payments Services Act – a balance between innovation and regulation

In FintechTags fintech, payments, regulatoryOctober 14, 2019

Earlier this year, the Singapore parliament passed the 209-page Payments Services Bill to provide a flexible framework for regulation under the Payment Services Act (PSA) - to be enacted by the end of the year. In this article, we explore a little bit more in detail about what it means.

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