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Showing posts from May, 2019

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…

Good things don't last - CIMB credit cards revision

As usual, good things don't last.

First was BOC Family card, now it seems like the temporary-attractive CIMB cards are going the same way too...

Before Both CIMB Visa and Platinum requires min $600 spend and gives 10% rebate ($50 cashback per category, up to $100 cashback) on:

Visa SignatureDiningOnline spendGrocery PlatinumTravelHealth, Beauty & WellnessTransport & Petrol W.e.f 5 Jun 2019 Both CIMB Visa and Platinum requires min $800 spend and gives 10% rebate ($20 cashback per category, up to $100 cashback) on:

Visa SignatureDining (now reflected under Platinum)Online spendshopping ("This excludes all other online websites, not limited to movies, food & beverage, travel, airline, government, brokerages/securities, insurance, tuition and online gambling websites")...wth?GroceryBeauty & Wellness (new)Pets Shops and Veterinary Services (not applicable to me)CruisePlatinumTravel (only in foreign currency)...sianHealth, Beauty & Wellness and Medical ("…