Money Saving Techniques

[what88]

I got a friend who marry a foreigner wife. Then the wife's family say they understand my friend's financial conditions, just want him to give her a name, like go ROM to register first is good enough, after like a year or so after he has saved up enough money then do a proper wedding.

But his parents (HIS parents, not the wife's parents) say no, want a proper wedding now, cannot wait one year later, etc... but his parents also no money to lend him for the wedding. End up he had to borrow from the bank just for his wedding... and it's for his parents, not even for his wife and her family. Until now, going to be 2 years, still paying back his "Wedding debt"

Sometimes don't know what these parents are thinking...

If I was your friend, I wont borrow the $$$ from bank just for the wedding and will ROM quietly first..

As a adult, sometime need to make your own decision.

 

[Initiatives]

if u can save 2k a mth ur salary alr more than 3k.. provided u are Singaporean and have CPF deduction... u stayed in same company and they increased ur pay ? pr from changing jobs..

even for ppl earning more than 4k.. saving 2k a month is no easy feat

I also low 2k but now coming to 2 years already and still low 2k

Yeap. I am Singaporean. I guess its a mixture I jumped for higher pay and did pretty well so far in my current company.

But I am very lucky to have no student loan debt. And my mum is a housewife So practically every breakfast and dinner will be prepared.

 

[Starbelle]

I got a friend who marry a foreigner wife. Then the wife's family say they understand my friend's financial conditions, just want him to give her a name, like go ROM to register first is good enough, after like a year or so after he has saved up enough money then do a proper wedding.

But his parents (HIS parents, not the wife's parents) say no, want a proper wedding now, cannot wait one year later, etc... but his parents also no money to lend him for the wedding. End up he had to borrow from the bank just for his wedding... and it's for his parents, not even for his wife and her family. Until now, going to be 2 years, still paying back his "Wedding debt"

Sometimes don't know what these parents are thinking...

This kind of parents is really want face only.
I guess nowadays alot of youngsters do see the exorbitant amount for just one wedding. So most are opting for just a small gathering after ROM.

 

[Starbelle]

if u can save 2k a mth ur salary alr more than 3k.. provided u are Singaporean and have CPF deduction... u stayed in same company and they increased ur pay ? pr from changing jobs..

even for ppl earning more than 4k.. saving 2k a month is no easy feat

I also low 2k but now coming to 2 years already and still low 2k

Sometimes some people who earn more might also have more commitments to adhere to. So really depends. Like for myself, I can save 2k per month because no loans, no family. So it is doable.

 

[lewissac]

This kind of parents is really want face only.
I guess nowadays alot of youngsters do see the exorbitant amount for just one wedding. So most are opting for just a small gathering after ROM.

Which is why I believe, save up while you're gf-less.
1) Plan how much you need for your "dream" wedding and work it to there until 70% (your other half of course have to bear 30% ).
2) Start looking/buying for house even before start ROM, cuz when ROM starts, thats where your $$ starts shrinking.
3) After ROM, look for wedding package. Lock in the price first even though your plan is 2 years later.
4) Possible use your card to do instalment (together) for all furniture/household purchases. You shld be able to clear it off by the time ur house is ready.
5) By the time your wedding banquet close, you basically don't really have to fork out much already after your prepaid via instalment.

That's how I learn this from my sister.

 

[xrubiksx]

Few ways i save money (or rather make money back):

1. avoid the mall.
2. Use shopback every time i shop online cos cashback really adds up.
3. Sell my old stuff on carousell
4. Stay in with friends instead of going out?
5. meal prep for the week's lunches ahead

 

[annabellens]

Which is why I believe, save up while you're gf-less.
1) Plan how much you need for your "dream" wedding and work it to there until 70% (your other half of course have to bear 30% ).
2) Start looking/buying for house even before start ROM, cuz when ROM starts, thats where your $$ starts shrinking.
3) After ROM, look for wedding package. Lock in the price first even though your plan is 2 years later.
4) Possible use your card to do instalment (together) for all furniture/household purchases. You shld be able to clear it off by the time ur house is ready.
5) By the time your wedding banquet close, you basically don't really have to fork out much already after your prepaid via instalment.

That's how I learn this from my sister.

This one really is need to learn.

 

[ongrasp]

wedding only one day and night. your entire marriage lasts over 30 years minimum. really worth the debt meh?

I am guessing, depends on person to person bah

 

[what88]

Which is why I believe, save up while you're gf-less.
1) Plan how much you need for your "dream" wedding and work it to there until 70% (your other half of course have to bear 30% ).
2) Start looking/buying for house even before start ROM, cuz when ROM starts, thats where your $$ starts shrinking.
3) After ROM, look for wedding package. Lock in the price first even though your plan is 2 years later.
4) Possible use your card to do instalment (together) for all furniture/household purchases. You shld be able to clear it off by the time ur house is ready.
5) By the time your wedding banquet close, you basically don't really have to fork out much already after your prepaid via instalment.

That's how I learn this from my sister.

Seriously, this is a good planning.

 

[WhiteHunter]

I got a friend who marry a foreigner wife. Then the wife's family say they understand my friend's financial conditions, just want him to give her a name, like go ROM to register first is good enough, after like a year or so after he has saved up enough money then do a proper wedding.

But his parents (HIS parents, not the wife's parents) say no, want a proper wedding now, cannot wait one year later, etc... but his parents also no money to lend him for the wedding. End up he had to borrow from the bank just for his wedding... and it's for his parents, not even for his wife and her family. Until now, going to be 2 years, still paying back his "Wedding debt"

Sometimes don't know what these parents are thinking...

why got such parents who dun understand their kid situation. 1 year later also not say very long. the debt should ask parents to shoulder a portion of it.

 

[WhiteHunter]

how much earnings?

dun really earn. you get to save half the cost of your journey.

 

[WhiteHunter]

If I was your friend, I wont borrow the $$$ from bank just for the wedding and will ROM quietly first..

As a adult, sometime need to make your own decision.

ROM also must host a lunch at some hotel or restaurant cos you still need witness and likely it will be parents or relatives.

 

[MoneyFace =p]

ROM also must host a lunch at some hotel or restaurant cos you still need witness and likely it will be parents or relatives.

Act like those korean drama. Run in to solemnise.

 

[WhiteHunter]

Act like those korean drama. Run in to solemnise.

sg law need 2 witnesses. then parents brought us up but rom have to exclude them, doesn't sound right.

 

[boiboi86]

Woah! Quote for reference

Which is why I believe, save up while you're gf-less.
1) Plan how much you need for your "dream" wedding and work it to there until 70% (your other half of course have to bear 30% ).
2) Start looking/buying for house even before start ROM, cuz when ROM starts, thats where your $$ starts shrinking.
3) After ROM, look for wedding package. Lock in the price first even though your plan is 2 years later.
4) Possible use your card to do instalment (together) for all furniture/household purchases. You shld be able to clear it off by the time ur house is ready.
5) By the time your wedding banquet close, you basically don't really have to fork out much already after your prepaid via instalment.

That's how I learn this from my sister.

 

[Laneige]

Which is why I believe, save up while you're gf-less.
1) Plan how much you need for your "dream" wedding and work it to there until 70% (your other half of course have to bear 30% ).
2) Start looking/buying for house even before start ROM, cuz when ROM starts, thats where your $$ starts shrinking.
3) After ROM, look for wedding package. Lock in the price first even though your plan is 2 years later.
4) Possible use your card to do instalment (together) for all furniture/household purchases. You shld be able to clear it off by the time ur house is ready.
5) By the time your wedding banquet close, you basically don't really have to fork out much already after your prepaid via instalment.

That's how I learn this from my sister.

Ya lock in then they close within the two yrs means can cry
Installment not a gd idea at all for these things
Don't learn the bad things from yr sis
If under installment banks wana charge u annual fee u also can't say cancel card
Save the money before house ready. Then use the money buy furnitures etc

 

[Starbelle]

ROM also must host a lunch at some hotel or restaurant cos you still need witness and likely it will be parents or relatives.

This one is already minimise damage control.
Given the amount is probably a fraction of the whole wedding banquet.

 

[Milo-Dino]

Actually wedding banquet, if you don't too extravagant, simple one at restaurant etc, the angpow will cover the cost one.

If you invite bosses etc, they usually will give bigger amount. Peers usually will give at least their own "seat" price. End of the day, might even have net gain.

Sent from Google PIXEL XL using GAGT

 

[NobunagaOda]

Actually wedding banquet, if you don't too extravagant, simple one at restaurant etc, the angpow will cover the cost one.

If you invite bosses etc, they usually will give bigger amount. Peers usually will give at least their own "seat" price. End of the day, might even have net gain.

Sent from Google PIXEL XL using GAGT

As long you do not invite the misers.

 

[NobunagaOda]

For those who frequent mcdonald's, you can try their alarm app and you may get free food.