Hey there, I work in Aspire, who does debit accounts for new businesses. The advantage we have here is that there are no set up fees, no minimum balance, no monthly fees as well. We can do all the usual: Local/FX transfers, online payments etc, and our virtual debit card provides cashback for online marketing and SaaS spend. Set up is really simple too, everything can be done via the website/app without stepping foot into a physical branch, and instead of the usual weeks that it takes for a bank to approve, most of our accounts get approved in a few hours. If you want to know more I'll be happy to share!

A little random but, does anyone like to play escape rooms? Like the ones where they put you in a room and you have to solve puzzles and all that in order to escape? Anyone love to solve puzzles? Want to form a group and go together? hahaha

I've spent some time in the tuition industry, and my mother teaches tuition on a regular basis. If you have even taught any type of tuition before, you would know the basic costs: Materials/Printing Stationery If you want a centre intself then of course rental/utilities would be the main concern. I also know that if you go through CC/RC, they tend to charge you a percentage of the fees that you collect as well - so take note of that!

Unlikely to happen, because you basically have to pay for the token itself. I do find that if you sign up as "corporate", the rates are better - about $10-$15 a month cheaper for the 12-months contract, and I think the token is cheaper as well. I think it's quite easy to get the corporate deal because we didn't come as a company or anything, but we just said we worked nearby, and they allowed us to register under corporate

Usually, for P2P, you are required to put 1 guarantor, which would usually be yourself - that means in the case where the company has no funds, you are the one who is supposed to use your personal funds to return. I assume you already know all these - so what happens when you can't pay back? It depends on the loan amount usually - there is a chance where you will face legal action. it all depends on the amount, and whether the company thinks it's worth going through the legal route to claiming back their money. Either way, your CBS rating (Credit bureau) will take a hit, and you will not likely be able to secure loans in the future.

Hello, I've worked in a VC and currently in an alternative credit solutions. I can tell you immediately that in terms of working capital, a loan works better than a VC investment. Loan structures depend on what type of loan you are seeking, and the interest rate would likely be determined only aft the risk assessment has been done on your company. I cannot give you a definite answer on this, but if you want to know more, you can drop me a message, as I am currently handling all the e-commerce loans from my company. alternatively, if you want to check things out on your own, head over here!

Honestly, there's far too little information to go along here - you might as well ask "Am I on track to be a millionaire?" Opportunities and growth are different for different industries and job roles. As with your current title and experience. Roles ranging from marketing, design, analytics, engineers - all have different growth paths and different starting salaries. Industries from finance, logistics, retail - all offer different types of remuneration and again- future opportunities. Also, no one can tell whether you are on track to earning 4k or not if you don't let us know what your current salary and experience. One general tip I can tell you is that you are not obliged to disclose your past salary to your prospect employer - so use that to your advantage. So how much increment is really up to you, and how capable you can appear to your possible future employer

Depending on how much time you have, and where your knowledge lies, there are many side hustles you can do: 1. Sell things on Carousell If you have things to sell, or even are willing to buy things in bulk to resell, then this could work for you. However, you will ahve to think of ways to get cheaper material to sell, and think of a way to make yourself different from others selling similar products 2. Teaching tuition One of the most common side-hustles.It is also one of the ones that helps you to earn the most. Depending on the level and subject, you can easily earn more than $200 a month, by teaching only 2 hrs a week. there are also many platforms which help you to facilitate the finding of students. Of course, word-of-mouth is always the best way to be able to gain more customers of you want to earn more. 3. Micro-influencing It's not known to a lot of people, but there are companies that actually facilitate people who have a following of 500 and more, to advertise their products. You earn about 20-30 cents for every engagement on your post, but it's a low effort for some extra cash. It's quite prevalent in HK, and one of them, called Spread-It, is actually coming to do it in Singapore as well. 4. Freelance projects Be it design, or marketing plans, or any skills that you have, there could always be people who are interested in them. All you have to do is to find the community that hosts these kind of people who are seeking different types of talents

I think you have already answered your own question. It depends on the purpose of these funds- are there for the long term, or the mid-term? CPF in a sense is a commitment, and a long one at that. The power of compounding interest is really amazing if put for so many years, as long as it's not money that you need in the midterm - like for education etc. The best would probably be a mixture of both, but as always, it depends on your individual situation - whether you have enough on the midterm to think about the long term

NO expert here, but I think they would have to go through licensed money lenders - not entirely sure where these money lenders get their money either, but they charge a really high interest rate. If all else fails, they probably borrow from unlicensed ones, or take personal loans, or borrow from friends. Which then leads to all the typical drama-type scenarios that you see on channel 8