The much-anticipated rate cut decision has finally arrived, with the Federal Reserve announcing a 50 basis point rate cut! At this pivotal moment, investors need to have a deeper understanding of the background and impact of rate cuts.
Since March 2022, in a bid to curb inflation, the Fed has hiked rates 11 times, bringing it to the current range of 5.25%-5.50%. Now that inflation is under control, the calls for a rate cut are growin...

Have u heard? They are increasing the public transport price again Considering walking or cycling to save moolah and reduce carbon footpront
1. High electric bills due to climate change causing hot weather which results in more usage of aircons Solution: Try to buy electrical appliances with at least 4✓ using climate vouchers courtesy of the government Stack it with CDC supermarket vouchers if u still haven't use it
Never pay full price, add items to ...

20% of my monthly income is what I’ll feel comfortable spending on a car. It contains the car mortgage, petrol, road tax, erp, parking, etc. If only for operating expenses, 10% of my income would be acceptable.
What's more, share a advice I received before is that your car cost (COE + buying the car) should not exceed your annual income. Typically, car expenses in Singapore would be no less than 1.5k a month. To keep some buffer, ...

It is too expensive to own a car in Singapore, I would rather invest the money needed to get a car and continue to use public transport
I find it more convenient to take public transport as I can play games on my portable gaming console during the journey, can't do that if I'm driving
Also good to reduce carbon footprint by taking public transport

testing huat!