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…

I've hit $200k in cash savings, except...

Years ago when I entered the workforce, I set myself goals (you can refer to the left side of my blog), mainly financial ones.

I set to achieve $100k cash savings before 28.

And I met it at 25.

I shared my tips on how I achieved it here and they were really simple tips, mainly tweaks to your lifestyle (eg, dining at discounts). 

I then set out to achieve $200k by 28.

Earlier this year, I mentioned that I've crossed $150k savings and shared updated tips on how I helped myself. 

As 2018 draws to a close soon, I found out that I've hit $200k in cash savings. 

Except, I've just parked $6k+ to my CPF MA for tax relief, and it has now dropped to less than that. I've also parked $7k into my CPF SA some months back, so I would have hit $200k earlier. If I delve even deeper, I have also bought stocks amounting at ~$10k.

Yup, so I would have crossed the $200k mark even earlier. In any case, this is just a number game for me to keep track of my finances. I will probably hit $200k again in the next few months if I keep up with my "spend-less, save-more" strategy.

Definitely on track to hitting $200k before I welcome the 29 years old me!

I do know I'm quite cash heavy and I may propel myself even higher with heavier investing, but, in this volatile market, I'm not sure if I can stomach that much risk. Yup, I'm risk averse which I've said multiple times in my blog.

So, if I can hit $200k with simple tips, you probably can too.

Cheers :)




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