Posts

Showing posts from September, 2017

Mid-year review: Goal met of $200k cash at 28. $400k+ net worth and Astrea bond V

Image
Half a year gone.

I still have not gotten my keys to my new home and am still childless. Ok, TMI.

On financial front, I've been seeing a steady increase in my net worth. As at my last update in end 2018, my net worth was at $372k.

Half a year later, I've successfully crossed $200k cash savings (previously it dropped as I topped up my MA) and exceeded $400k in networth. I may be able to hit $450k by end year but will just need to carve out some money for renovation and home stuff.

Most gains came from employment. While I lament how sick I am of work, it is my main source of $. I've not added any stocks and can never not live off my portfolio for passive income. It is with salary crediting that I've received 1.85-2% interest on my DBS multiplier anyway.

I've been thinking if I'm making my money work hard enough. I occasionally browse the SGX hoping to see some stocks to purchase, but am not comfortable enough to make the move.

Since Jan till date, my transactions …

I just lost $100 cashback from POSB Everyday card; Updates

Image
Like all budget savy young couples planning their banquet, we all aim to clock as much rewards be it cashback or miles from our banquet purchase. After all, a banquet, even at a restaurant, sets us back to a 5 digit sum for more than 100 pax.

My partner and I have decided to hold our banquet at a Chinese restaurant next year. So, a few months back, we made our deposit of $2000 to lock in the wedding date.

Prior to this, I was at my desk calculating the different cashback I would receive using various cards. After all, my coordinator assured that I could swipe different cards to gain the maximum rebates. Also, it helps that my Chinese restaurant is categorised under "Dining", which meant...more cashback :D (too bad if you hold it at a hotel!)

After researching, it boiled down to 2 cards:
1. BOC Family card
2. POSB Everyday card

The BOC family card gives me 7% cashback from dining and the cap was at $100. Really good card to use. Also, as a Smartsaver account user, I get to re…

All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner of this blog will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information.