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Showing posts from October, 2016

The start after a break

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It's 1 Nov tomorrow. After a decent break from work, it's back to the grind. During my break, I had various thoughts:


A) Quit this job
- because I don't know what I'm learning
- there's always so much shit to clear up and my bosses cannot lead
- too much things on my plate and the bosses will always say they are giving me exposure
- don't wish to stay till promotion because it could be at least 2 more years (that's a long time)
- bosses don't communicate and don't give proper directions, leading to wastage of efforts and resources


B) Stay because
- my bosses like/trust me and my performance bonuses show
- I should wait for my promotion
-the economy is bad and I should stay till I get my increment which would at least be $300+
- everywhere else sucks, as said by everyone. Worst still, if I go into a company full of petty, competitive b* who play politics, I'll probably cry my way home.

At the end of it, I chose to stay put. At least till I get my…

[Guide] How to deposit cash to parent's CPF?

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The thought of depositing cash into CPF struck me when I read some blogs on reducing tax reliefs and also earning the decent interest rates given by our government in the current low interest rates climate. Since then, I've been researching on the pros and cons of this move and concluded to transfer $7,000 cash into my mom's Retirement Account.

Here's why:
1. To reduce my tax payable
My estimated tax is around $2,400, assuming there are zero reliefs. By topping up my mom's CPF, I'll get a relief of $7,000. Now that will reduce my tax to around $1,900.
2. Growing spare cash  I mentioned that I'm always on the look out for safe places to park my cash, mostly FDs. But the FDs these days are disappointing. I've on standby, at least $60k cash in my BOC account . So, emergency funds are settled. I've also 2 FDs accounts which have yet to mature. The remaining cash could be put to other uses, like giving it to my mom by parking the money into a safe, reliable …

Should credit card companies inform us on the statement cycle during card activation?

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I recently signed up for the HSBC credit card so that I could get the Samsonite luggage with my >$1k spend.

Let me just say that their application forms/page are not user friendly and their processing time was really long. I called the HSBC customer service to enquire when I'd receive the card, and they said mine was still in processing stage despite me making a few calls previously to ensure that I've submitted all my docs and that I need the card by end of the month. They said they'd expedite. Which, they did. Because on the day of making the phone call to the customer service, I received my card. Now, didn't the customer service officer told me that my application is still in processing stage? I reckon the guy just didn't know what was going on and would tell all applicants that their cards are in process. Not a good impression on their banking services.

Anyway, I was relieved to get my card on 30 Sept because I needed to pay a payment of >$1k. I immediate…

Being low maintenance helps in saving $

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I am a self-proclaimed low maintenance lady and I attribute this lifestyle and my personality of wanting to make my money worth (most of the times), to why I manage to save $100k at 25.

I love browsing through famous instagramers' feed - from their immaculate makeup, fashionable outfits, to their pretty manicures. But, I've never bear to splash cash to be like them. I'd rather have spend my money on food than makeup, and nice clothes that doesn't cost a bomb.

Here's how I keep a low maintenance lifestyle:

1) I don't do makeup Must self-praise that I've genetically nice skin. I seldom have acne breakouts, and have no freckles. My only concern are those pores and blackheads on my nose, but well, nobody will look at me with a magnifying glass. I guess genetics play a part, but I've also refrain from using makeup loaded with harmful chemicals. Do you know that I know nothing about makeup? Test me with the names of makeup brands and new makeup products. Heck…