Journal
Money decisions you only get to make once.
CPF, your mortgage, the insurance you were sold. The choices that quietly compound for decades, explained plainly for Singapore.
4 results
The CPF OA withdrawal you made is still charging you interest
When you use CPF OA to pay for your flat, the withdrawn amount continues accruing interest at 2.5% per year. Most homeowners only discover the total when they sell. Here is how to calculate your exact exposure.
HDB loan versus bank loan: the calculation most agents skip
The 0.1% interest rate gap between HDB and bank loans is not the full picture. TDSR flexibility, prepayment penalties, and the ability to reprice matter more over a twenty-five-year tenure.
Why your whole-life plan is probably not protecting you
Whole-life savings plans sold to young Singaporeans often provide less critical illness coverage than a term policy at a fifth of the premium. The difference does not stay in your pocket - it goes to the policy's investment component.
SRS contributions and the tax bracket most people misread
Singapore's Supplementary Retirement Scheme offers a dollar-for-dollar tax deduction. Whether the after-tax savings exceed the illiquidity cost depends entirely on your effective marginal rate - which is not always what you think it is.
Five threads run through everything here. Start with the one keeping you up.
Reading is the easy part. See what it means for you.
A roadmap built on your numbers, in a few minutes.