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Showing posts from October, 2017

Already 5 years into the workforce. What have I built?

It was a sudden awakening - I've already worked for more than 5 years.

But what have I achieved?

I stepped into the rat race as a noob (nobody uses this word now, I admit I'm old), being tekan by unhelpful "seniors" who thankfully left after 1+ year of torture and earning lesser than my peers, to slowly building up my confidence, emerging stronger and being more courageous to say "No", proving myself along the way and getting rewarded with better bonuses and increments.

I know I'm working just for the money (and the medical benefits that comes with it).

If I look at the money, so far, I should be doing it right in my career. I've decent bonuses and decent increments. I'm in a general profession, but I'm doing pretty ok.

So what has my 5 years of work got me?

Money. 

Through employment, coupled with my thrifty habits, I managed to hit $100k savings at 25 years old. And it took me another 2-3 years to get another  $100k at 28.

But, along with it,…

Living near cashless for the past 4 years

Cash is king. Or so the old saying goes. As we move towards a cashless society, we should rephrase into this thinking - money is forever king, but cash? We probably can do without it.

Take my case for example.

I have been living nearly cashless ever since I have my credit cards four years ago. I barely have much notes in my wallet. Receipts? Aplenty. Ask my mom and she can testify.

"Aiyo, your wallet always no cash, so poor meh! How you buy things?"
"Use cards lor!"

You see, the moment I step out of my house. I have no need for cash. Very very minimal actually.

My credit card with auto reload function, works as my ezlink card. Tap, and off I go to my office.

During lunch, I’d dine at restaurants where visa, mastercard are accepted. Even for Food Republic, I'd tell the cashier, "paywave pls". Occasionally, we'd dine at coffee shops which requires cash transactions. That's where if my wallet lacks cash, I'd just withdraw at nearby ATMs. Most…

7 Days Taiwan trip at $115/day all-in

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I went for my 7 days holiday to Taiwan in Sept and was thankful that the typhoon didn't disrupt my trip but it was super hot there! I always thought Sept would be a pretty good time to travel - think autumn leaves and cooling weather. I was so wrong. It felt hotter than Singapore, and the sun was just so unforgiving. I turned from a pale girl to a roasted one there. So, if you're travelling these these few weeks, please put on your sunblock, sunglasses and a cap!

My 7 days trip brought me to places like Hualien, Yilan and Taipei. I would say this was a pretty relaxing trip since my partner and I went back to the hotel at around 7-8pm each night. Our motto for our holiday was "No rush, no madness". Honestly, it was made possible because it was pretty boring in Hualien and Yilan.

Here are some of the places you can go in Hualien, Yilan and Taipei:

Hualien 1. Wang's Tea House - this was my breakfast and lunch to-go place. Love their red tea with bubble and their bre…

Stocktaking my insurance plans - how covered am I?

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Reading this Seedly article inspired me to do a stock-take of my insurance plan.

Some background about me:
- I've a few more years to welcome my 30s
- I've worked for 4 years
- I bought my 1st insurance (hospitalisation plan) when I started working
- I'm not married yet

I feel that buying insurance is a responsibility. It is a responsibility towards myself and my loved ones. Nobody wish to deplete their hard-earned savings for a sudden incident. If you're lucky enough, your incident could be a once-off, curable event. Otherwise, your incident could cost you your life and torture you and your loved ones.

Here's a comparison of the plans I have versus what the Seedly guide:

Term/Whole Life  The recommended coverage is 5x my yearly income i.e estimated at $350,000.

The actual coverage I have? $200,000. The main beneficiaries of this sum would be my parents and it should be enough for them for I've 2 siblings who are working and would be able to provide for my par…

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