Shopping Across the Causeway: 14 Things You Can And Cannot Buy
The strong Singapore Dollar (SGD) is a big incentive for Singaporeans to make frequent runs into Johor Bahru (JB) for household groceries, shopping or to enjoy some time off. The higher exchange rate allows many to stretch their dollars for better value on their shopping and holiday expenses. Before you rush into JB with your […]
Why Married Dual-Income Couples Should Try Living As A Single-Income Family
At DollarsAndSense, we love challenging societal norms because we believe doing so can lead to meaningful improvements in our lives—especially when the right norms are questioned. Today, we want to challenge young married couples to think differently about spending. Specifically, we encourage you to consider living on a single income, even if both partners are […]
4 Ways That Closing The CPF Special Account Is An Elegant Solution For The Government
During the Budget 2024 announcement, then Deputy Prime Minister Lawrence Wong announced a major and unexpected change to the CPF. When CPF members turn 55, their CPF Special Account (SA) will be closed, along with a one-off closure of all Special Accounts for those already 55 and above. There was about 1 year for CPF […]
Pineapple Tarts, Peanut Cookies, Shrimp Rolls: How Much Cheaper Are Popular CNY Goodies In Johor?
With Chinese New Year just around the corner, many of us will likely be looking forward to family gatherings, some down time from work, and of course, the festive snacks that have become staples during our celebrations. Goodies such as Bak Kwa, pineapple tarts, peanut cookies and chicken floss will likely be on many of […]
CPF Special Account (SA) Closed Down For Those 55 And Above: What Happens After The Closure And What You Can Do
On 19 January 2025, approximately 1.4 million CPF members aged 55 and above saw their Special Accounts closed down. This was a measure announced during the Singapore Budget 2024 last year – and gave CPF members about a year’s notice. We look at various scenarios to explain what exactly happens to your CPF Special Account (SA) […]
GXS Bank Vs Trust Bank Vs MariBank: Which Digital Bank Should You Choose?
To create a more vibrant banking scene, 3 digital banks currently operate in Singapore. Unlike traditional banks, they operate entirely online without any physical branches. Customers of the 3 digital banks can manage their finances through an app, which is backed up by a 24/7 helpline Often, these digital banks do not impose any minimum balance requirement for […]
The Math Behind TOTO – Here’s Why It (Statistically) Doesn’t Make Financial Sense To Play
One of the biggest annual prizes available is typically during the TOTO Reunion Draw around Chinese New Year – when the Group 1 prize is at least $5 million. This year, the Reunion Draw, which closes on 24 Jan 2025 at 9 pm, will be worth at least $10.8 million. While we agree that it might be […]
[Beginners’ Guide] Understanding CPF LIFE And Your Monthly Payouts When You Retire In Singapore
We all need to have a retirement plan. The earlier we start working on our retirement plan, the easier it will be for us to build a nest egg for ourselves in our golden years. In Singapore, the government has also done its part – requiring us to contribute a significant chunk of our salaries […]
3x Tesla? -3x Nvidia? 3x Apple? Introducing The Magnificent 7 DLCs On SGX To Help Investors Navigate Market Volatility
This article is written in collaboration with Societe Generale, Singapore branch. All views expressed in this article are the independent opinion of DollarsAndSense.sg based on our research, and is purely for informational purposes and should not be relied upon as financial advice. DollarsAndSense.sg is not liable for any financial losses that may arise from any […]
What Does It Means To Be Keeping Up With The Joneses In Singapore?
“Keeping up with the Joneses” refers to the habit of comparing ourselves to the people around us in our social circle. It’s about measuring our success or wealth against the material possessions and lifestyle others display, often leading to unnecessary spending to keep up appearances. In every society, keeping up with the Joneses takes on […]
