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Showing posts from September, 2018

Achieving $300k cash before the clock hits 30

When I first started blogging (cue the first blog post), I set myself a goal to save $100k by 28.
$100k cash, excluding CPF.
I achieved this at 25.

I even thought my $100k would drop downwards after paying for flat, reno, kids. But who would have known that my chance to get a flat would only happen at 27, and my savings grew and grew?

$200k at 28
At 28, I hit $200k cash savings. It took me 3 years to grow another $100k. 
If not for the fact that I've been topping up $14k annually to mum and my CPF RA/SA, spendings on wedding, house related stuff and frequent holidays, I would have much more cash on hand. But, that can't be real, that's not living - those money have to be spent.

If not for the fact that I've pumped $80k over the past 7 years into stocks, of which the paper value is now only at $60k+, I'd been $80k "richer". The converse could be said if I've great investment capabilities to grow $80k to $100k 🙃

Anyway...
As I edge closer to 30 ⏰, I've ano…

Foul day at my new workplace

Hi guys. I wanted to blog only after I'm settled down at work and with my life event but I needed an outlet to complain and release my pent-up unhappiness.

So, I mentioned that I've changed job. I'm still adjusting myself and enjoying my honeymoon stage since I'm new, though it's not like I'm not working la...just that in comparison to others who worked longer, my full load hasn't come in yet. I'm lying low for now given that I've my wedding to prep for.

Within these few weeks here, I've some thoughts on this job and here goes:

The Good

Higher monthly salary than before albeit just a few hundreds more (better than staying put...)Cheaper transport than before (~$1 saving/day)Don't need to bring work home FOR NOWMore capable bosses and seemingly, their Senior Management than before
The Bad

Not much increase in annual package given that my bonuses were more at my previous jobEveryone else work like sh*t....my bosses sends emails from 2am-4amNice …

BOC Family card nearly sucked $305 away from me, so goodbye to BOC!

I used to be an advocate for BOC, given its attractive interest for their Smartsaver account and the good rebates for the BOC Family card.

Until one day, BOC decided to review the Family card terms....and well, it suck. I was disappointed with the changes and has since then, stopped using the card. And with that, I've now jumped the boat to DBS Multiplier for my salary crediting. Meaning to say, BOC is no longer my main account.

I still keep the Family card though, just in case BOC changes their mind again and review the terms to be more attractive.

But, this morning, I was reviewing my accounts when I realised I was charged an Annual Fee and GST on the card. Gosh. That's an exorbitant $305!
So I called the card centre and asked to waive it off. I knew it wasn't going to be accepted after reading some comments on how niao they are now. And yup, my waiver was rejected. Not even a partial waiver. That leaves me no choice but to cancel the card immediately. Funny how the cust…