Cherie Julianne Tan - Seedly
 
Cherie Julianne Tan

Turning finance into boba-sized pieces

Cherie Julianne Tan

Content Strategist at Seedly

About

Turning finance into boba-sized pieces

Credentials

Content Strategist at Seedly

Cherie Julianne Tan

Content Strategist at Seedly

  • Answers (54)
  • Questions (7)
  • Reviews (2)

DBS

DBS Multi Currency Account

Multi Currency Cards

Cherie Julianne Tan
Cherie Julianne Tan, Content Strategist at Seedly
Level 6. Master
Answered on 01 Oct 2019
Hey Xuan!! It is pretty similar to YouTrip actually. The DBS website is pretty comprehensive when it comes to explaining the mechanics of MCA. Maybe you can elaborate more on what you wish to know! But I'll list down some pros and cons that I face when using the MCA. :) Pros: - Able to transfer your money out if you didn't finish using them - Get FX alerts for your ideal rates - No additional card (just the usual Visa Debit card that most of us alr have, the black card) - Easier to see when all your accounts are consolidated in one iBanking page - No max balance, YouTrip max balance is S$3,000 (doesn't affect me much tho) Cons: - YouTrip has better FX rates - this is enough to stop me from using my MCA

Credit Card

DBS

DBS Multiplier

Expenses

Cherie Julianne Tan
Cherie Julianne Tan, Content Strategist at Seedly
Level 6. Master
Updated on 22 Aug 2019
Hey there! I AM IN A HUGE DILEMMA AS WELL. Based on your spending patterns, I believe DBS Live Fresh works best for you. Unless you are a miles person then you should consider DBS Altitude (btw the miles don't expire) or DBS WWMC (miles expires every year). For DBS Live Fresh , it is 5% cashback cap at $400 per category spent (min. $600 spent per month) Category meaning: Online, Contactless (PayWave) and Other Spend. Based on your $400-$950 spent on expenses, it doesn't look to me that you're reaching the cap of $400 per category spent. If you are for ONE category then consider rearranging your expenses, so like instead of spending online, go to a physical store to make the same purchase but using PayWave. :) Anyway, just wanna add that you don't have to spend just to earn the extra interest rate on the Multiplier. A decent S$1 macs ice cream like what Gabriel mentioned will do the trick. Edit: Forgot to mention Live Fresh is having a 10% cashback SimplyGo promo too!

Savings

Cherie Julianne Tan
Cherie Julianne Tan, Content Strategist at Seedly
Level 6. Master
Answered on 18 Jun 2019
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Credit Card

General

Cherie Julianne Tan
Cherie Julianne Tan, Content Strategist at Seedly
Level 6. Master
Answered on 17 Jun 2019
! Know Your Personal Finance Well? Become A Seedly Prodigy! Level up your game and take home some Grab vouchers! Click here for more details .

Lifestyle

Career

Cherie Julianne Tan
Cherie Julianne Tan, Content Strategist at Seedly
Level 6. Master
Updated on 12 Jun 2019
! Know Your Personal Finance Well? Become A Seedly Prodigy! Level up your game and take home some Grab vouchers! Click here for more details .
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Investments

General

Cherie Julianne Tan
Cherie Julianne Tan, Content Strategist at Seedly
Level 6. Master
Answered on 11 Jun 2019
Know Your Personal Finance Well? Become A Seedly Prodigy! Level up your game and take home some Grab credits! Click here for more details . !
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Credit Card

Insurance

Cherie Julianne Tan
Cherie Julianne Tan, Content Strategist at Seedly
Level 6. Master
Answered on 10 Jun 2019
When I was researching for which credit card to get, I saw this review of HSBC Advance Credit Card . But do note that he was sharing his experience as of June 2018, got to check with the bank if it is still valid . Although I just check the T&C's for this card, insurance premium is not under their exclusion. So you might have a chance at this.

Savings

Bank Account

Cherie Julianne Tan
Cherie Julianne Tan, Content Strategist at Seedly
Level 6. Master
Answered on 10 Jun 2019
Know Your Personal Finance Well? Become A Seedly Prodigy! Level up your game and take home some Grab credits! Click here for more details . !
Answer image preview

Insurance

SeedlyTV EP01

Cherie Julianne Tan
Cherie Julianne Tan, Content Strategist at Seedly
Level 6. Master
Updated on 07 Jun 2019
AIA plans are not the cheapest plans in the market. However, I do feel that AIA Vitality is the dealbreaker for me. For $8/month, I can earn up to $10 vouchers ($5 + $5) on Grab, Cold Storage or Starbucks. Effectively, that is $32 ($40-$8) earned just by keeping fit. Do check with your trusted financial advisor if signing up for AIA Vitality has premium discounts for your PA or hospitalisation plans. Look through the benefit table if the plans covers your needs as well. Hope this helps!

Equities

Securities

Stocks

Investments

Cherie Julianne Tan
Cherie Julianne Tan, Content Strategist at Seedly
Level 6. Master
Updated on 07 Jun 2019
Like every other investment, it is very important to do your own research. Some tips I would suggest would be: - Do you own research - Look at their competition - tech is a very competitive space. Are they doing anything to stay competitive and relevant? Are they innovating yet staying true to their core (mission)? Are their products easy to replicate? - Scalability : Is it a company that is able to scale? - Macro-scale direction : Where is the company headed to? Is it forward moving or are they stagnating? And yes, I agree with Gabriel, never follow people's tips blindly! Follow up with what you've heard with a simple google search. Never never invest in something you don't believe in, you would want a good night's rest! Hope this helps! :)
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