As the financial year draws to a close for some and we start filing our income taxes, many employees may wonder what implications it has for them. The end of the financial year marks the end of a 12-month financial cycle and is typically on March or June 30th. Here are some things employees should know about the end of the financial year.
Read MoreWar, inflation, chaos in the stock markets and slumping economies, including Singapore’s, have largely defined the past year. Still, if one were to read the tea leaves, one could come to the conclusion that 2023 may be more chaotic than the previous year, as many nations could be stepping into a recession this year.
Read MoreYou may have brought cryptocurrencies, which has suffered massive losses, with the industry losing an estimated US$2 trillion in 2022, reducing its valuation to US$900 billion. I guess the crypto bros are not going home in 2022. Instead, they must be going broke.
Read MoreWith 11.11 and Black Friday sales right around the corner, in Singapore, regardless of whether an individual is shopping online or at a physical store, we can see sales happening all around us. We look into purchase deals worth spending your money on, when you should think twice before going all out and splurging on sales that may not always save you money, and how to avoid falling for potential scams altogether.
Read MoreSaving has become ingrained in us, particularly in the asian culture. Yet, with rising inflation and an incoming recession, we’ve became even more hyperfixated on saving for future plans that might not even happen.
Read More‘Buy now, pay later’ has become an increasingly common mode of payment on more online retail shops and e-commerce sites. What are some perks and downsides of ‘buy now, pay later’, and are the current safeguards in Singapore, enough to protect consumers?
Read MoreJoyce, an ex-branded luxury handbag collector, tells us how carrying a branded bag gave her a boost of confidence, extra flair and pep in her step, got her collecting, before coming to terms that branded luxury handbags may not necessarily be a good financial investment.
Read MoreLearning to be responsible when it comes to managing your finances and making informed decisions financially, be it through investing, cryptocurrency and applying for insurance plans, are Singaporean Youths adequately equipped with financial literacy?
Read MoreWe’ve talked about Singapore’s inflation, how the cost of living has gone sky high, and how affected, vulnerable groups like the elderly and retirees are resorting to getting back to work to cope with the rising costs. Another group of Singaporeans, contrary to our belief, are feeling the pressure. They are our youths and fresh graduates.
Read MoreWhile you may not be able to tame inflation via policies like the government, you can still limit its impact or cope with it by coming up with “policies” that govern certain aspects of your life, such as household spending, personal finance and your career. Here are some “policies” for you to consider when you wonder about how to cope with inflation.
Read MoreOCBC has been under fire for the latest slew of phishing scams via SMS impersonating the bank, with millions lost. Many customers even lost their entire life savings with no way to recover their losses. Singapore is one of the safest countries, but not exempt from scams. Were the boomers right to be cautious, what are some types of scams happening now, and why is this happening more often?
Read MoreIn today's generation, it's almost as if you have to invest or you will not be able to retire comfortably with inflation and rising GST. Compared to the boomer generation who are counting on their CPF savings, things have gotten a lot more complicated. With everyone talking about cryptocurrencies and what stocks to buy, it seems like financial literacy is expected or given for any millennial.
Read More
