PSA - Free staycation for $400 spend plus $50 credit?!

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Fancy a free staycation at M Social Hotel and a $50 credit? 
If you signed up for the FRANK credit card, you'll get the $50 rebate and receive a free staycation with $400 minimum spend.
The last I had a FRANK card was years ago. Back then (think 2012), FRANK account was suitable for undergraduates with their attractive interest rates and customised credit card designs. Their FRANK card was awesome as I recalled a 5% online rebates with low minimum spend.
As usual, good things don't last. When FRANK account offered pathetic interests compared to other salary crediting accounts and their FRANK credit card became unattractive due to it's minimum $400 offline spend to start clocking rebates, I cancelled it immediately.
Until recently when I spotted this:

The credit card still sucks but by spending $400 for a free staycation? Count me in! Furthermore, I received a $50 credit by signing via myinfo which is effectively a 12.5% rebate!

Take note that the free stay is not the loft…

2015-2018 net worth

I used to track my daily expenses daily.

With every purchases, I'd keyed into google sheets.

But as time goes, I got lazy. I figured there's no need for me to track it daily given that I'm disciplined with my outflows. In any case, I've never budgeted how much I should spend on food, transport, shopping etc. Hence, the daily expenses tracking actually don't serve much purpose.

However, one thing that I continued to do, is to track my monthly assets/net worth. And they are broadly categorised as follow:

Cash SavingsFDStocksCPF

It feels good to see your money grow in the different pots and pinpoint which has the biggest growth. So here's presenting my annual net-worth growth since 2015:



I'm not confident that I'll hit $400k in the next few months given that I'd be wiping out almost all my CPF for housing soon. Reno cost a bomb and furnitures and appliances will wipe out a chunk of my savings.

My net worth will likely drop below $300k.

Oh well, such is life. I'll just have to grow it back again.

Comments

  1. I only track my personal expenses for 2 months and decided to stop as I don't spend extravagantly. The purpose is to get a rough idea of the spending percentage.

    Net worth may worth the time as you can size up liquidity and invest needs

    ReplyDelete
  2. After tracking ALL of my expenses for well over a year, it has made me even more stressful as I had to assess each of my spending decision well otherwise i feel really guilty. I still track and budget for the bigger items. Tracking net worth has made the process more enjoyable instead for me.

    ReplyDelete

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