Archive for Money
Invest Fair 09
Posted by: | CommentsHi Folks,
Invest with knowledge …. sounds good.
Expose yourself to :
- CFDs
- Equities
- Forex
- Funds
- Futures
- Options
And Investments in
- Land
- Property
- Wine (??!!)
- etc
Which is why I don’t invest much … I’ve got close to zero knowledge in these fields.
If you need to shore up on these area, I think this fair over this weekend might be useful to you.
Short Term Loan To Help Your Credit Crunch
Posted by: | CommentsHi Folks,
I read recently that more people are defaulting or paying the minimum on their credit card payment.
It’s a worrying trend but we the world IS in recession and most people expected something like this would happen.
If you ARE really rolling your credit, you might want to get this below … might help (if you can secure the approval)
If you have an outstanding of SGD 10,000 rolling on your credit card, at a 24% per annum, you will end up paying SGD 9,600 over 48 months – that’s excluding principle.
The above credit facility allows you to settle your outstanding principle now and repay at only SGD 298 per month (just SGD 98 more then the rolling interest) and the total interest is SGD only SGD 4,304 over 48 months.
Makes (money) sense right?
Cheers,
James
How To Secure A Car Loan With Singapore In Recession?
Posted by: | Comments
Hi Folks,
Last month there was a short spate of car buying madness when the Certificate Of Entitlement (COE) hit a low of SGD 2. Following soon was a report in the Straits Times of higher then normal rejections from banks for automobile loan.
So What Happened?
Basically, the banks are more cautious of full loans or 100% financing a car loan in this bad economy.
Why?
Electricity Bills To Fall By 25% For January To March
Posted by: | Comments
Hi Folks,
Energy Market Authority (EMA) just announced today that electricity tariffs for households will be cut by about 25 per cent for January to March, in line with lower fuel oil prices.
Effective electricity tariff for Jan to Mar will be 22.93 cents per kilowatt hour instead of the current 30.45 cents.
Surviving The Recession Tip 3: Discounts Discounts Everyday
Posted by: | Comments
Hi Folks,
If you have not read our Surviving The Recession Series, check them out. This is the 3rd post.
Previously, we talked about using your credit card discretely and ways to stretch your dollar to fight inflation.
Today, I’ll talk about something simpler and many of you are already employing it.
REBATES & DISCOUNTS.
Why would you want to pay more if you can get some rebates or discounts just by flashing a particular membership card or pay using a particular credit card?
Or why would you not apply for a particular credit card which gives discounts or rebates at places you shop daily or very often?
It makes no sense to throw away your money that way.