Last updated on October 29th, 2021 Welcome to this cozy corner of the internet, where you can pick up little nuggets of financial knowledge to improve your personal wealth. Although I am sure we have all heard of the CPF Special Account (SA), we do not usually pay much attention to it as there are limited ways to use our savings there. To save you the trouble of having to navigate through the CPF website, here are 15 answers to questions that you may have about your SA. Sit tight and enjoy! Disclaimer: This article is meant for information purposes only, and it is not intended to provide you w ..read more

Last updated on January 7th, 2022 Decentralised finance, or DEFI, is the next generation of cryptocurrencies that claim to change the current financial system. Two of the biggest DEFI projects and tokens include Uniswap (UNI) and Chainlink (LINK). Are you wondering how do both of these coins differ from each other? Let’s take a deep dive to find out more. The difference between Uniswap (UNI) and Chainlink (LINK) Uniswap is a decentralized exchange while Chainlink is a blockchain oracle. Both coins are ERC20 tokens that run on the Ethereum network. UNI can be used to vote for community initiat ..read more

Last updated on November 16th, 2021 Welcome to this cozy corner of the internet, where you can pick up little nuggets of financial knowledge to improve your personal wealth. After working for a number of years, you have accumulated some savings which you intend to set aside for your retirement goals. However, you are unsure on whether to save them in your CPF Special Account (SA), or grow them through investments in your Supplementary Retirement Scheme (SRS) account. This article will help you to make a more informed choice by first making a comparison between the two schemes, followed by some ..read more

You may have heard that you will be entitled to $100 worth of CDC vouchers from the 2021 Budget. However, you may not have collected your vouchers yet! Should you be worried? Here’s what you need to know about the CDC voucher scheme: What is a CDC voucher? The CDC voucher is given to eligible households to offset the increased cost of living in Singapore. Since these vouchers are only usable at hawker centres and local merchants at the heartland areas, the vouchers will help to support these local businesses as well. This scheme was started by the 5 Community Development Councils (CDCs) in Sin ..read more

Last updated on November 16th, 2021 You have just started to set aside some savings to invest towards your retirement goals. However, you are still undecided on how much to allocate to the CPF Investment Scheme (CPFIS) or the Supplementary Retirement Scheme (SRS). This article will guide you through your dilemma by first making a comparison between the two schemes, followed by some suggestions on how to best save for your retirement using both CPFIS and SRS. Disclaimer: This article is meant for information purposes only, and it is not intended to provide you with financial advice. You should ..read more

Last updated on January 19th, 2022 This article contains affiliate links. You can read more about these links in my Editorial Guidelines. You may have transferred some crypto into Trust Wallet, possibly to stake your crypto and earn some returns. However, you may be wondering how you can cash out this crypto from Trust Wallet. Here’s what you need to know: Disclaimer: This article is meant for information purposes only, and it is not intended to provide you with financial advice. You should always do your own research first, before making an investment decision! How do I withdraw my crypto fr ..read more

Most of you would have heard about the importance of investing early and reaping the benefits of compound interest. However, the world of investing may be quite intimidating, especially if you’re a student or a teenager! There may be quite a few terms that you are unfamiliar with. If you have always wanted to start investing but have no clue on where to begin, let me share with you 12 key steps to help you get started: How to start investing in Singapore as a student Here are 12 steps you can use to start your investing journey as a student in Singapore: Ensure that you have an emergency fund ..read more

You may have taken a tuition fee loan with OCBC to fund your NUS or NTU tuition fees. The best part is that the loan is interest free during your university course! However, once your course is over, you may be wondering how you should go about paying it. Here is my experience with repaying my tuition fee loan with OCBC. How to repay OCBC student loan Here are 4 steps you’ll need to repay your OCBC student loan: Receive a letter from OCBC 2 months before your student loan is due Select the method of repayment for your student loan Fill up the loan repayment form and mail it to OCBC Start the ..read more

Last updated on December 29th, 2021 You may be looking to invest in one of the Exchange Traded Funds (ETFs) that are managed by Vanguard. With a range to choose from, it may be difficult to pick one that suits your risk appetite. There are both the VT and VTI ETFs, and they sound really similar! So how do they differ from each other? Here, let’s take a closer look at these ETFs from one of the biggest U.S. registered investment advisors, Vanguard. Disclaimer: This article is meant for information purposes only, and it is not intended to provide you with financial advice. You should always do y ..read more

Last updated on August 21st, 2021 In the US stock exchange, there are many ETFs out there that you can choose from. Among them are QQQ and DIA. Both of them have been incepted around the same time and they are both passively managed ETFs. Nonetheless, QQQ is popular among investors while DIA is not. If you are choosing between these two ETFs, it may be hard to decide without knowing more about them. In this article, I will be comparing their differences in depth so that you have an easier time finding out which ETF is more suitable for you. Disclaimer: This article is meant for information pur ..read more