DollarandSense

DollarsAndSense.sg is a local website that aims to be the destination for timely and relevant information on personal finance matters presented for the layperson in a bite-sized, interesting, and enjoyable manner.

The case for a 10 million population in Singapore

By Dinesh Dayani We recently came across an article on CNBC discussing ex-HDB chief Liu Thai Ker’s belief that Singapore needs to plan for a population of 10 million. It is easy to dismiss his comments as the usual propaganda, where the government tries to start prepping its citizens for an inevitable expansion of the population. We think it is …

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Spare the rod and spoil the child – LTA and the recent MRT breakdown

It has been two weeks since the most severe MRT breakdown in Singapore’s rail history. A total of 55 stations in the North-South and East-West line were affected during peak period, leaving hundreds of thousands of commuters stranded and facing difficulties in getting home. Due to the fact that SMRT is a publicly listed company, it has received additional attention …

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Your personal contact details may be published on this Singapore website

By Timothy Ho, DollarandSense Remember Yellow Pages? Yes, that Yellow Pages that used to be in the business of distributing those thick, heavy, phone directory books to the public for free many years ago. Yellow Pages now has an online presence through a website call CallMyName.sg. And if you didn’t know about this website, then what we will share in …

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5 Ways Budget 2015 Might Give You A Little More Pocket Money

By Dinesh Dayani, Dollars and Sense Before the big unveiling, many Singaporeans, us included, expected a bumper giveaway since the nation is turning 50 this year. Appearently, Mr Tharman Shanmugaratnam didn’t get the memo, as the Deputy Prime Minister and Finance Minister decided to take a more prudent view instead. Here are 5 ways you may get more money from Budget 2015 …

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Balancing the demands of the various groups of CPF members

By Timothy Ho DollarsAndSense.sg weighs in with our views on why the CPF Review Panel has one of the most unenviable tasks in Singapore. Here is the one thing that the CPF Review Panel would have realized by now. They are part of a review process that will never attain public approval regardless of what they recommend. Here is why.  …

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What Plunging Oil Prices Mean To You (Part 1)

By Dinesh Dayani, Dollars and Sense DollarsAndSense explores how declining oil prices will affect Singaporeans. In part 1, we explore the impact on transport prices, holiday expenses and consumers. In part 2, we explore the impact on property prices, investors and the Singapore economy. Almost everyone will know by now that oil prices have been declining. It has now dropped …

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4 things that CPF fails at

By Marcus Chua, DollarsAndSense DollarsAndSense recently attended one of the focus group discussions held by the Central Provident Fund (CPF) to understand the scheme better. We noticed four recurring themes that kept coming up during the discussion, and have summarised them with the acronym “UPCC” for a truly Singaporean reading experience. U – Understanding Singaporeans P – Predictability C – Clarity C – …

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What if the PAP had said what Hong Kong’s Chief Executive said?

By Dinesh Dayani “Democracy would see poorer people dominate Hong Kong vote.” – Hong Kong Chief Executive, Leung Chun-ying What if the PAP had said what Hong Kong’s Chief Executive said? A few weeks ago, the Chief Executive of Hong Kong said that poor people would dominate the Hong Kong polls if the government yielded to the demands of the protesters. …

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The economics behind Sim Lim scams

By Timothy Ho, DollarsAndSense.sg  In the last couple of weeks, most would have heard about the Malaysian diver who had spent $4500 on two iPhones and the lady who was refunded with $1100 in coins at Sim Lim Square. These incidents are of no surprise to most Singaporeans, who are already aware of the scam-like approaches that shops in Sim …

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How does the changes in TOTO affects your winnings?

By Marcus Chua, Dollars and Sense Singapore Pools has recently altered the structure of our local lottery system, widely known as “Toto”. How does that affect your chances of winning? More importantly, should you still be betting in light of the new changes? Here are the changes that were made to one of Singaporeans’ favourite lottery bets. Changes: 1. Choose …

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