Five Cents Ten Cents

Financial freedom, one realistic step at a time.

Monthly Archives: February 2009

Join Panzer at the MoneyBanter forum!


I’ve been thinking about setting up a forum for you my dear reader for quite some time but haven’t got around to doing so.

I was approached to be a moderator and contributor to this personal finance forum that is hosted by Aviva. Don’t worry, it’s not a place for them to sell products to you but really meant to be a place for exchange of ideas and information about personal finance.

I’ll be making my presence felt there and you can ask me questions or join in. The forum is still relatively new so that’s not much traffic (yet!). I believe with your involvement, more people can visit it to read about personal finance information.

Come in and join the fun!

»crosslinked«

25 Random Things About Panzer


I’ve been on facebook for less than a month and saw that there was this “25 Random Things About Me” going on. While I’ve not been tagged, I thought it would make an interesting topic to share with you a little bit more about Panzer. :)

Mr. Brown also has his own “25 Things” post which was very fun to read. Continue reading →

Health is Truly Wealth


Image by Adria Richards

You’ve often heard of this phrase, “health is wealth” but do you truly believe it?

Are you willing to make lifestyle changes that is condusive for good health or do you think trading health for money which in turn buys good healthcare sufficient?

The relationship between health and wealth

We all know what good health is. It is being able to sleep, wake up with energy and life to face the day ahead. It is being free of illnesses or disease and knowing that all your body’s systems are running smoothly allowing you to go through life with verve and vitality. Continue reading →

Wordle of the week


Tis the season to be jolly falalalala-lalalala: Budget Day is here [1 year ago on Five Cents Ten Cents]


[This article was first posted on 15 February 2008 on Five Cents Ten Cents.]

Finance Minister has announced the slew of “goodies” that the Government will be giving to citizens back much of the taxes it has taken for us for FY 2007. Instead of the deficit of $0.7 billion, the excellent economic growth coupled with the Singapore property boom resulted in a SGD 6.4 billion surplus. The Government definitely “huat” for 2007. So why quibble about SGD 2-3 million for each minister? The dream team managed to conjure up SGD 6.4 billion surplus.

Of course, in good times, the Government should spend on its citizens. Some netizens commented that GIC and Temasek can pour easily SGD 10 billion into US and European financial institutions hit by sub-prime but only gives its own citizens a miserly SGD 1.8 in sharing of the surplus.

Continue reading →