Personal Finance

Investment and Savings

4 things that prevent young Singaporeans from investing

A survey found that millennials are actually keen on investing but don't know how to go about doing just that.

11 things you could invest in that isn't gold

Gold is a valuable commodity however, it no longer has as much importance as it once did. What are other items which appreciate over time we can invest in? -Vulcan Post

Top 3 ways Singaporean parents waste money unnecessarily

If parents are going to continue spending as much as they can afford on their kids, child-rearing will always be expensive regardless of their income. -MoneySmart

5 retirement problems Singaporeans never see coming

Retirement is not as simple or cheap as most Singaporeans imagine due to unforseen circumstances, and CPF savings won't be enough. -The Fifth Person

Credits and Loans

4 basic things to know about credit card debt

How many credit card holders in Singapore carry a debt? Well, data from the Singapore Credit Bureau revealed that 1 out of 5 credit card users in Singapore in 2014 only paid the minimum sum on their credit cards.

4 unavoidable costs Singaporeans incur during Chinese New Year

A bit of advance planning can save us some money during this Chinese New Year -MoneySmart

4 things Singaporeans waste money on during Chinese New Year

4 ways Chinese New Year cost us unreasonable amounts of money. -MoneySmart

Is income tax in Singapore really high?

Singapore uses what is known as a progressive income tax rate. That means that those who earn more, get taxed a higher percentage of their income. -MoneySmart


Should I get an Integrated Shield Plan for my elderly mother?

Recently we received a question from a user about buying an Integrated Shield Plan (IP) for his mother. -

3 types of insurance policies Singaporeans should consider

There are certain types of private insurance that are highly advisable no matter what you do in life. - MoneySmart

What can you do about the ever-increasing Medishield premiums

With the ever-increasing premium, some may start making use of our private medical insurance rationalizing that we have "already paid for it".

Is it too late if your aging parents don't have health insurance?

Premiums for health insurance or Integrated Shield Plans will rise with age regardless of when you take out the policy, so it doesn't really matter when you apply for one. -MoneySmart

Investor Profiles

Young Singaporean CEO turns father's shoe business into a global brand

Elizabeth Tan joined Heatwave Shoes, a ladies footwear business founded by her father, in 2008, but soon set her sights on building a global brand. -CNBC

Being his own boss - that's the way he likes it

Freddie Chan is the owner of four businesses with total sales of $20 million last year. -ST

Renovation boss wishes he'd started even earlier

The founder of One Stop Builders (OSB) believes strongly in pursuing a career only in something that one is passionate about, and also the old adage that the early bird gets the worm. - BT

Investing is in his blood for NUS undergrad

Mr Phua comes from a family of investors. -NP