How Will Singapore, Malaysia, And Other Asian Countries’ Stock Markets Fare In 2025?
For investors in Asia, 2024 looks like it will turn out as a mixed bag of performance across the region. Certain stock markets performed well – like Singapore, Malaysia, and Japan – while others have performed below par (South Korea). With 2025 set to be an eventful year with president-elect Trump taking office in the […]
CPF Top-Ups VS SRS Top-Ups: Which Should You Choose?
To help us build up a bigger retirement nest egg in Singapore, we can contribute or top-up to 2 main retirement plans – CPF and Supplementary Retirement Scheme (SRS). In addition to mandatory CPF contributions from our salary, we can also make additional cash top-ups to our CPF Special Account (or Retirement Account if we are above 55) […]
Key Life Stages Of Your HDB Flat That Owners (And Buyers) Should Know
About 80% of Singapore’s resident population calls an HDB flat their home, and 90% of them own this home. Many young couples also rely on the BTO (Built-To-Order) system to buy their first homes – and start their married lives. With that in mind, it may be important to understand the key life stages of […]
Complete Guide To Investing In The Hang Seng Index
Have you ever considered exploring investment opportunities beyond Singapore’s sunny shores? Look no further than Hong Kong, a financial powerhouse in Asia and a gateway to the expansive Chinese market. Hong Kong boasts well-established financial markets that provide a transparent and regulated environment, offering investors peace of mind. With stringent regulations in place, you can […]
Complete Guide To Multi-Currency Accounts And Wallets In Singapore [YouTrip, Revolut, Wise, DBS My Account, UOB Mighty FX And More]
Increasingly, all of us in Singapore need and will want better access to foreign currencies. Besides a relatively strong Singapore Dollar (SGD), a better rate also means we can get more bang for our local bucks on our travels. Many of us are also avid shoppers on e-commerce platforms, with virtually no barriers to online shopping on international […]
POSB Smart Buddy; Revolut <18; FavePay; Hugosave: Complete Guide To E-Wallets That You Can Apply For Your Children
With digital payments taking over, the days of physical money may soon be numbered. By extension, using traditional piggy banks to teach kids about money will increasingly become impractical. Tomorrow’s generation will use digital money, and need to learn financial literacy with modern digital tools. Platforms like POSB Smart Buddy, Revolut <18, FavePay, Hugosave, and […]
How Investing Our CPF & SRS Savings In ETFs Can Supercharge Our Retirement
This article was written in collaboration with Nikko Asset Management. 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 transactions […]
7 Ways The Johor Bahru–Singapore Rail Transit System (RTS) May Benefit Singapore’s Economy And People
The Singapore – Johor Bahru land borders literally serve as an important bridge that connects people on both sides for a variety of reasons, including trade, commerce, and tourism. However, the current infrastructure is inefficient to cope with the growing population, causing long waiting times for travellers making the journey. To alleviate the congestion and […]
Upcoming Personal Finance Events In Singapore You Should Attend In December 2024
The personal finance landscape has become more complex than ever in 2024 – and heading into 2025. Simmering economic uncertainties threaten to boil over, the jobs market in Singapore is weakening, interest rates cuts only mean the economy is on a slowdown, persisting inflationary pressures continue, and market volatility remain. At the same time, the […]
Civil Service Bonus: How Much Has The Government Paid In Bonuses Over The Past Decade?
Good bonuses and job security. These are some of the reasons, among others, that may be cited when you talk to someone about why they are working in the civil service. The Public Service Division (PSD) announced on 25 November 2024 , that all civil servants will receive a year-end bonus of 1.05 months as […]
