Young adults in Singapore told Money Mind that they think they'll need $5,000 a month for retirement. What savings and investment strategy would you need to hit that retirement target?
Financial tips from the Asia-Pacific Managing Director of the Association of Chartered Certified Accountants (ACCA). Why saving, is not the number one thing you should do with your money.
One couple gets business class tickets for free. One executive gets free eats all the time. Another shopper regularly pays almost half price for her buys. Their secret? Earning redeemable points as they spend. From maximising credit card points to accumulating membership cards, coins and vouchers online, these bargain hunters will show you how to can travel, dine and shop for cheap or even for free.
Wenny Yee, a 28 year old nutritionist, is big on loyalty programmes. She earns points each time she orders food at her favourite joints. It saves her up to $80 dollars a month. Alison Lim often shares her best bargains and buys on an online community platform, Daiso and Lobang Lovers. She saves almost 40% from all her online purchases. How does she do it? Marilyn Chew and Low Jian Sheng travel up to seven months a year using the miles earned through credit card spendings to redeem some of their most lucrative travel expenses.
Everything’s getting more expensive, but some have found a way to beat inflation. Banding together to buy in bulk gets better prices and helps defray delivery costs. This is the magic of group buy. From groceries and ready-to-eats to home fixtures, savings can be as much as 30% to thousands of dollars. Host Andrea Chong hunts down bargain hunters who rule the world of group buy.
Jazmine Ng regularly uses group buy to purchase groceries, snacks, and other household items, saving about 20-30% of her household expenses per month. Her group buy host, Kelly Sia, reveals her bargain hunting prowess. She manages two group buy groups while running her own home and managing her kids. But Candy Pan takes it to the next level. She manages several group buy groups that reach out to a network of 60,000 bargain hunters, tops it all. How does she do it and what is in it for her?