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So the line between buying a country club membership for the prestige and being a plain stupid decision seems to have just been crossed. With the government announcing on Sunday that they won’t be renewing the leases for two country clubs, and other clubs having to give up part of their land for their leases to be renewed, it’s no wonder they are no longer part of the coveted 5Cs. We take a look at some other reasons why:
Somewhere in Singapore, someone is running a graduate course in advanced bankruptcy. Maybe it’s broadcast on a special wavelength, a sound frequency only morons can hear. I suspect this because there’s too much consistency in Singapore’s bankruptcy cases. Chief example? The Singaporean (soon-to-be) bankrupt’s response to debt. There’s a country wide trend here, and these are the five signs. If you see someone exhibiting the symptoms, I recommend a splash of cold water and a tight slap:
You can always tell when the PSLE or “O” Levels come around. People involved look haggard, and if you gave them a syringe they’d start mainlining coffee and chicken essence. I’m not talking about the students either; I’m talking about the parents, working two jobs to pay off the tuition fees. But with every one’s out to hire the best, how much should good tuition cost?
I’ve seen what happens to old houses and flats. It’s like that documentary, Life After People, with the added misfortune that you’re around to see it. Take my buddy Aaron for instance: his interior decor is so old his grandpa saw it and got flashbacks to World War II. Or my newly-wed cousin, who recently bought an old terrace house; there were more things growing on the walls than in the garden. Yet they’re both hesitant to make changes, for the same reason: renovation is expensive. Well not any more. Behold, MoneySmart’s guide to affordable renovation!
Maybe your company’s entertainment budget resembles your Secondary school allowance. Maybe you’re in financial purgatory, waiting for a late paycheck but still trying to impress a date. Or maybe you’re just starving, and your two options are a restaurant on the corner, or a food stall that needs to replace its “D” rating with a Biohazard sign.
Newbies tend to use terms like “investing” and “trading” interchangeably. But that really doesn’t make sense (unless you’re one of those people who can’t see the risk difference between, say, starting a side-business and smuggling crack across the Mexican border). Nor is risk the sole determining difference here. Here we look at what you need to know to make sure you’re not flushing your hard-earned savings down the drain:
You can approach the new year in two ways: You can have the depressed feeling that nothing will change, or the uplifting feeling that nothing will change. It mostly depends on how many properties you own. If the answer is “none”, or “I failed to rob sufficient banks to buy a one room apartment in this country”, then your mood is probably down. Here are seven resolutions you can make, so you can join the money wagon in the coming year:
There are few times in a man’s life when it’s acceptable to cry – holding his child for the first time, beating cancer, or seeing the resale value of his flat this year. With demand flatter than a cheap pancake, you need every possible way to beat the low valuation. Here’s how:
In this article, we look at financial preparation for childbirth. Of course, having a baby goes beyond dollars and cents; no blog article or expensive parenting book is going to cover all the bases. But having a good idea of the costs will make it easier on you. If you’re expecting or planning to have a baby, this article is meant to give you a good idea of whether you are financially capable of having that kid, and what you need to set aside.
Merry Christmas to all our fans and readers! We hope that this Christmas, you will bask in…nay, be showered in joy and contentment. Kind of like being caught in a bad rainstorm, but instead of water it’s pellets of happiness splattering all over you, like a…”Okay Ryan, they get it. No need to extend the metaphor.” That’s actually an analogy, and the art of writing is dead. Still, Merry Christmas all!