Money Saving Techniques

[rotiboyz]

Staying home yet generating income, like answering surveys like this PanelSG
Admittedly that its very low earning, but its seems infinite specially if you can make referral, no limit.

moi open class at RC teach tuition, earn gao gao 900 per month minus all the deduction

 

[makeupconnect]

Read another great tip on how to cut your expenses threefold from here .

Haha had a good laugh too. Its the little savings that count and health is priceless!

 

[BullionStar]

Saving in gold

An old adage technique which have worked for thousands of years is to buy a small amount of gold intermittently e.g. every month or every quarter.

The advantage with buying gold is that it is very safe over time and that you don't need to worry as much about the risks which comes with other types of investments. By putting the gold in a safe deposit box or store it with a bullion dealer like us, you can save considerable assets in a safe way over time.

/Torgny

 

[wahkao3]

good meh buy gold??

 

[Alex.hero]

Book marked'n

 

[financialfreedom]

I think ANZ bank offers quite good rates.

1.1% with 7 months period - Min $150k

Followed by CIMB bank - 1.1%, min $20k. 12months

 

[kenneth27]

1. dunno if can make do with cheapskate dinner and end of story...

2. housing - buy new from govt, make that 100k from them

3. Reno - can diy? i got see b4, hardcore diy, like diy the false ceiling...i dont have the determination to see thru...

4, funeral - why the fook care abt this? after u die, your body dont even belong to u....? lol

1. Single. Not getting married. Saved
2. Housing - Inherited 1/5. Paid at valuation price
3. Reno - DIY plastering, painting, lighting, electrical.
4. Funeral - Single. Guess nothing to prepare.

 

[thesavvysingaporean]

Some ways are save money:

1. Open an OCBC 360 Account - Earn up to 3.05% interest rates per annum on your first $50,000. This at least ensures that you are maximising returns on your idle cash.

2. Use credit cards instead of cash to earn cash rebates or redeemable points - OCBC Frank Card offers decent returns of 6% cash rebates on online and NETS Flash Pay purchases. CheapoNana.Com provides credit card comparisons which helps you to decide which credit card is most suitable for your need.

3. Keep track of your expenses - you will be more mindful of what you spend on. The accountability helps to keep your inner shoppaholic demon at bay. Personally this worked well for me and helped me to cut back my monthly expenditure by 10% after a few months.

4. Transfer a fixed monthly amount that you would like to save into another bank account that you hardly access. Some people call this "paying yourself first". Works for a lot of people - but doesn't quite work for me!

5. Dining out? Avoid buying beverages at restaurants. It is usually pricey and might cost about 15 - 20% of your total bill at casual restaurants.

6. Buy insurance online when the NATAS fair is on. This means me discounts offered by travel insurance companies online!

7. Insist on paying the bill using your credit card at restaurants. You get to keep the rebates/rewards and your friends will still return you money for their share of the meal.

Other ways I earn some side income:
1. Focus groups
2. Complete minor and simple tasks for some extra income!
3. Freelancing
4. Online survey
5. Affiliate income

 

[woaita]

Some ways are save money:

1. Open an OCBC 360 Account - Earn up to 3.05% interest rates per annum on your first $50,000. This at least ensures that you are maximising returns on your idle cash.

2. Use credit cards instead of cash to earn cash rebates or redeemable points - OCBC Frank Card offers decent returns of 6% cash rebates on online and NETS Flash Pay purchases. CheapoNana.Com provides credit card comparisons which helps you to decide which credit card is most suitable for your need.

3. Keep track of your expenses - you will be more mindful of what you spend on. The accountability helps to keep your inner shoppaholic demon at bay. Personally this worked well for me and helped me to cut back my monthly expenditure by 10% after a few months.

4. Transfer a fixed monthly amount that you would like to save into another bank account that you hardly access. Some people call this "paying yourself first". Works for a lot of people - but doesn't quite work for me!

5. Dining out? Avoid buying beverages at restaurants. It is usually pricey and might cost about 15 - 20% of your total bill at casual restaurants.

6. Buy insurance online when the NATAS fair is on. This means me discounts offered by travel insurance companies online!

7. Insist on paying the bill using your credit card at restaurants. You get to keep the rebates/rewards and your friends will still return you money for their share of the meal.

Other ways I earn some side income:
1. Focus groups
2. Complete minor and simple tasks for some extra income!
3. Freelancing
4. Online survey
5. Affiliate income

Can introduce which survey sites that are realiable?

 

[foopower]

I'm currently schooling and don't have an income and I use these two apps to track my spending.

iOS app that I use since Sec 3: https://itunes.apple.com/us/app/moneytron-expense-tracker/id373051390?mt=8

Ever since I jump ship to Android: https://play.google.com/store/apps/details?id=ch.talionis.mobile.moneytab

Instead of trying to recall every single thing I spend at the end of the day and input them into MS Excel, I enter the transactions as soon as I can.

 

[beri stupid idiot]

I'm currently schooling and don't have an income and I use these two apps to track my spending.

iOS app that I use since Sec 3: https://itunes.apple.com/us/app/moneytron-expense-tracker/id373051390?mt=8

Ever since I jump ship to Android: https://play.google.com/store/apps/details?id=ch.talionis.mobile.moneytab

Instead of trying to recall every single thing I spend at the end of the day and input them into MS Excel, I enter the transactions as soon as I can.

wow realised thia is a useful tool itself

 

[itedino]

Bring 10kg dope over to Singapore and be rich forever

 

[Volcanos]

I once read a very unique article about money. It said....never save the money but always invest them! It is a fact how to get rich

 

[Konnichiwa]

Bring 10kg dope over to Singapore and be rich forever

You be rich but I don't think you live long .... Haha

 

[C32B]

I once read a very unique article about money. It said....never save the money but always invest them! It is a fact how to get rich

Before this, have around 6 months of emergency funds ready.

 

[makeupconnect]

I once read a very unique article about money. It said....never save the money but always invest them! It is a fact how to get rich

While i agree its important to invest. We must also invest smart and have long time horizon.

Whenever people talk about investing, they always make it sound so easy. Nothing is sure win. Investing has risks, there is also losses too. But + and - all in, nett must have surplus and with compounding (i.e. keep investing), then can get rich.

 

[hotstuff4u]

Bookmark...

 

[neolaw]

Bring 10kg dope over to Singapore and be rich forever

Or die trying

 

[archcherub]

I cashed out successfully here,

No registration required, complete these surveys and get your commissions,' "

brothers.. u cash out before? how much? i find paypal more worthwhile to get cashouts....

agreed. i use this instead... dont even need to do surveys
just receive emails and get paid! dont even have to read... i usually open it to acknowledge only
Get Paid To Read Emails

this one above is paypal or cheque. paypal obvious is so much more convenient but need to wait for a round figure to cash out, like $10 or $100. waiting for $100, then can have a good dinner with the wife

 

[archcherub]

1. Single. Not getting married. Saved
2. Housing - Inherited 1/5. Paid at valuation price
3. Reno - DIY plastering, painting, lighting, electrical.
4. Funeral - Single. Guess nothing to prepare.

brother, i differ from this thinking. i actually think marriage is a great way to build a financial foundation.
it makes me think twice about spending frivolously. because now i am responsible to my spouse too.
it makes me think thrice abt my investment plans and speculations.... because i dont want my spouse to NAG & NAG at me... hahaha

honestly, dual income and u get to share the burdens of some major life expenses, like entertainment stuff, driving around, holidays.

And both of u can push each other for more financial discipline in life.


PS: i am not even stating the obvious benefits of happiness in a marriage.