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DollarsAndSense is Singapore's leading personal finance website, created to help you make better financial decisions.
$773 To $3,015 A Month: Here's How Much You Need To Spend …
Jul 11, 2024 · On average, each retired person, living in a household comprising only non-working persons, would need to spend $1,298 per month. Quite logically, those who live in HDB flats will spend less. Those living in the smallest 1- & 2-Room HDB flats will spend approximately $773 each month. Even those living in 5-Room and Executive HDB flat can expect ...
How Much Money You Should Have In Savings (And/Or ...
Apr 23, 2024 · 2013. 25.2%. 10-Year Average Savings Rate. 34.1%. Source: Department of Statistics Singapore. Since the 1980s, the personal savings rate has been steadily increasing. More recently, from 2010, our personal savings rate has drastically risen. Up until 2019, it was hovering around the 25% to 29% range.
The Best (And Cheapest) Mobile Plan In Singapore? Why I ...
The source of the information is from this article: Best SIM-Only Plans In Singapore cheatsheet and we refer to it for a more comprehensive comparison. Here are a few observations to highlight. While most telcos offer contract-free plans, some may require us to sign a 12-month/24-month contract to enjoy additional benefits.
T-Bills vs SSB vs Fixed Deposits vs Cash Management Accounts: …
Sep 20, 2024 · Application Period: Tenure: Total Amount Offered % of Non-Competitive Applications Allotted: Interest Rate (Cut-Off Yield) 11 Jul to 18 Jul 2024: 23 Jul 2024 to 21 Jan 2025
6 Investments In Singapore That Provide Guaranteed Principal And Returns
Oct 7, 2024 · The latest SSB issue in October 2024 is offering a 10-year yield of 2.56% p.a. If you hold the SSB for only one year, you can still earn 2.25%. In the current interest rate environment, the 1-year SSB return is very close to the 10-year average return. This truly speaks to the “higher for longer” interest rate outlook.
4 Sectors In Singapore That Will Benefit The Most From The US …
Sep 22, 2024 · Here are some examples of Singapore-listed companies that could benefit: The Hour Glass Ltd (SGX: AGS) and Cortina Holdings (SGX: C41): These two companies are heavyweights in the luxury watch retail market. With lower interest rates, consumer sentiment will likely improve, benefitting the watch purveyors. Sheng Siong (SGX: OV8) and DFI Retail ...
Guide To Buying US T-Bills For Singapore Investors - DollarsAndSense.sg
Apr 13, 2024 · Singapore investors can invest in US Treasury Bills (T-bills), and potentially earn higher interest rates and gain exposure to the world's reserve currency.
Money Archives - DollarsAndSense.sg
Guide To The 50/30/20 Budget Rule, And How It Helps You Save For The Long-Term. Saving and investing 20% is important, but spending 30% on your wants is what adds enjoyment and purpose to life. By DollarsAndSense.sg. More Posts.
Buying US Stocks In Singapore: Guide To Stock Trading ...
Mar 16, 2024 · Of course, individual stocks in the US can also cost more – for example, each Microsoft stock costs more than US$416, while each Tesla stock costs more than US$163. The good news is that certain brokerages in Singapore, such as Interactive Brokers, Tiger Brokers, Syfe Trade and Webull are now offering fractional trading – enabling us to ...