Finance

Four ways to make extra money off your flat (besides finding tenants)

By SingSaver.com.sg Every Singaporean homeowner knows they can rent out a spare room. But did you know there are other ways to make money off your flat in Singapore? Everyone knows you can rent out a room, but there are other ways to make money off your flat in Singapore. With the right strategies, a house can practically pay for itself, if …

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You could be ruining your credit score without realising it

By SingSaver.com.sg These common mistakes can ruin your credit score in Singapore, preventing you from getting mortgages, bank loans, and credit cards. Your credit score is all important when it comes to loans. From getting a house to an education loan, critical life opportunities can come down to a number and a single letter on a sheet of paper. So you’d …

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Premier Taxis inks partnership with Grab taxi booking app

Grab and Premier Taxis Pte Ltd announced in a joint statement that all Silvercab drivers under Premier Taxi will go onto the Grab platform under a partnership signed by the two entities. This is Grab’s second partnership with a local taxi operator in two months. Grab had announced its partnership with Trans-cab in September to bring all Trans-cab drivers aboard exclusively using Grab …

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How is a humble chicken rice recipe worth S$2 million?

By SingSaver.com.sg Timothy Ho of Dollars and Sense tries to make sense out of the S$2 million valuation of Hong Kong Soya Sauce’s S$2 chicken rice recipe. Can a chicken rice recipe really be worth S$2 million? That’s the question many Singaporeans are wondering after it was reported that the chef-owner of Hong Kong Soya Sauce Chicken Rice And Noodle at …

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Know your CPF withdrawal limit before it wrecks your mortgage

By SingSaver.com.sg If you don’t have enough money when you hit the CPF withdrawal limit, you could end up taking expensive bridging loans to cover your mortgage. The CPF makes mortgage repayments easy, and many Singaporeans may never pay anything in cash for their flats. However, this doesn’t mean you don’t need to track the cost. If you don’t know how …

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Which online grocery in Singapore delivers the biggest savings?

By SingSaver.com.sg We compare baskets between RedMart, Honestbee, Kenny Grocery, FairPrice, Cold Storage, ShengSiong, and Giant. Which online grocery is the cheapest? You might agree that grocery shopping is one of the life’s necessary evils. Like scrubbing the bathtub, doing the laundry and having dinner with the in-laws, it’s essential but rarely fun. Thankfully, we live in an age when we can …

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Why brand loyalty makes Singaporeans spend more money

By SingSaver.com.sg Being brand loyal is rewarding – or so you think. Because of several cognitive biases, brand loyalty actually makes Singaporeans spend more. Knowing how to save money and spend wisely is well and good, but what really drives our money habits? Why do we Singaporeans spend as we do? In our new Money Mastery series, we take a look at …

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How saving money lets Singaporeans save face

By SingSaver.com.sg Many conditions that cause you to lose face are caused by poor financial discipline. By saving money, you don’t have to worry about losing face. Saving face is a big deal for many Singaporeans. Heck, it’s a big deal for almost anyone growing up in an Asian culture. But this isn’t just a social quirk. The practice of saving …

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How any Singaporean can afford to travel every year

By SingSaver.com.sg Here’s how your friends afford their annual vacations abroad, and how you can save enough money to travel every year. Listening to friends talk about how often they travel is terrible. Like sitting on thumbtacks, or using a sandpaper napkin. The humblebragging is just grating (“Oh, I so stupidly lost my passport in Venice. For the third time this …

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How to buy a coffee machine in Singapore without wasting money

By SingSaver.com.sg A coffee expert tells us which coffee machines in Singapore make the best espresso for the least amount of money. You don’t have to be a finance nerd to know that making your own coffee will cost less than S$1 per cup. But is it really worth trying to replicate the cafe experience at home by buying coffee machines in Singapore? …

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