Five Cents Ten Cents

Once you have a family, your paycheck becomes important because you now have DEPENDENTS.
Some of us already support our parents when we are single. Some of us don’t need to. Some of us have to support both parents AND our own children.
No matter what your circumstances, what is important is that your source of earned [...]

A popular forum that I frequent has some of its forummers throwing around this phrase that has stuck to me in my journey towards financial freedom.
The saying is simple and yet profound:
Expect the unexpected
The potholes of life
Life’s journey is never completely smooth. Life throws you some potholes and you have to learn to ride out [...]

Singapore’s inflation hits 25-year high of 6.6%
[This article was first posted on Five Cents Ten Cents on 26 Feb 2008.]
The headlines from Channelnewsasia says it all. Our inflation rate has hit a high of 6.6%!
The combined effect of the 2% hike in GST, global commodities price increases as well as increase in annual value in [...]

The Government announced the CPF Life scheme sometime last year with mixed responses. What the CPF Life scheme does is to lock up part of  your CPF minimum sum away to fund an annuity, upon which the payouts from age 82 or 85 (depending on your draw down age) and above would come from this [...]