How to Start Your Investment in Singapore
“The best time to plant a tree was 20 years ago. The second-best time is now.” This popular Chinese proverb also applies to investments. The global COVID-19 outbreak presented a…
10 Ways to Save More Money in Singapore
How to Save Money in Singapore Saving money is not new to Singaporeans. In fact, in 2019, Singapore was cited as the top country that saves the most. In 2017,…
How to Spot Illegal Money Lending in Singapore
At some point in your life, you will need to borrow money to solve inevitable financial difficulties. When this unforeseen situation arises, you may consider applying for a loan. You…
How to Start Investing in Singapore Savings Bond
If you’re caught between choosing to invest in Singapore Savings Bond (SSB) or any other form of investment in Singapore, this is a guide on why you should be keen…
How Do You Calculate Total Debt Servicing Ratio?
What is Total Debt Servicing Ratio? TDSR provides a measurement of an entity or a person’s ability to repay their debts. But how do you properly compute it and how…
Overdraft Loan Facilities and Benefits
Banks allow you to dig deeper into your account even if it is already empty, but would that be okay for your finances? The key to understanding overdraft facility is…
What is EIR in Personal Loan and How to Calculate?
For sure you are familiar with the term interest rate, which is the amount which lenders charge in exchange of the assets they lent. It is often expressed as a…
Are Equity Loans a Good Idea?
Some would say that homes are a dead investment. It's a property that does not earn and is losing value the longer we live in it. But, the idea of…
Is It a Good Idea to Have a Personal Line of Credit?
Lines of credit may be good as you'd only withdraw money you need, but is going through the obstacles just to get that loan worth it? Since customers like to…
What is the Difference Between Secured and Unsecured Loan
The difference between a secured loan and an unsecured loan may be easy to grasp, but deciding which one you should pick might take some pondering. Secured loans require collateral,…