Simple Budget, Simple Life

I've previously shared about my 8 sources to get a decent passive income here . Broadly, it's due to: Stock dividends Savings accounts such as Etiqa and Singlife Surveys Selling items I shall not repeat my sharing as you can head over to my link  😉 Since May till Sep, I've been getting $500-$900 passive income. Though I must add that it has been long since I cash out my survey ( check out milieu app - see point 6 ) as I need a sizeable point + I dont have much to sell on carousell now. Given the current economic situation, interest rates have been dropping. On one side, it's good news for my housing loan as I've changed to a bank loan; but on the other hand, as I'm cash-heavy, I don't have much platforms to park my cash. So earlier, I've only park $10k in Singlife to earn 2.5% interest. I decided to up it to $100k to enjoy 1% on the next $90k. Unfortunately, even the 2.5% will now be nerfed to 2%. Sigh This is the last month where I'd see 2.5% inter...

In my earlier post , I shared the breakdown of my $300k+ cash with most of it parked in CIMB Fastsaver. That was because CIMB Fastsaver was giving out 1% interest without me having to jump through hoops. However, the rates have now revised downwards to an effective 0.825% . I was suddenly reminded that Singlife not only provides 2.5% for the first $10k, but also awards 1% for the next $90k. As such, I've decided to transfer up to $100k to Singlife.  I've been using Singlife for the past 2 months. However, I've only been putting $10k to receive the 2.5% interest which is 🤯 Each month, I look forward to seeing the interest generated. For the past 2 months, I've been getting $20.28 and $20.95....and withdrawing it out immediately LOL. The good thing about Singlife is you can withdraw and top up any time without penalty. It will also provide death benefit on your account value. It's really good money and I've even gotten my mum to sign! $10 referral If you are kee...