Shun Oh - Seedly
Seedly logo
Seedly logo
Ā 
Shun Oh

Shun Oh's profile is not filled up yet.

Shun Oh

About

Shun Oh's profile is not filled up yet.

Credentials

Shun Oh's credentials are not filled up yet.

Shun Oh

  • Answers (8)
  • Questions (2)
  • Reviews (4)

Savings

Retirement

Savings Accounts

What are some alternatives to POSB Savings, apart from DBS Multiplier?
Shun Oh
Shun Oh
Level 4. Prodigy
Answered on 07 Sep 2019
Savings account with higher interest tends to need a salary crediting component. Try looking at CIMB savings account, or even invest in SSB as a form of savings. One of the main criteria for DBS Multiplier would be the need to credit his salary. If he does not have any salary to be credited, the account will not be eligible for more interest.
šŸ‘ 1

Resale HDB

HDB BTO

Marriage

Property

I am a Singaporean marrying a foreigner who is planning to get a PR after our marriage. Which housing option is available and affordable?
Shun Oh
Shun Oh
Level 4. Prodigy
Answered on 07 Sep 2019
I was in a similar situation as you a few months back; but have decided to appeal for ICA to kinda expedite my spouse PR's application through two ways 1) Seek MP for assistance, 2) Self-write a report on why my spouse is suitable for PR and what kind of contribution she can offer. ICA replied quite fast after that and it was approved, which makes us eligible to apply for PR immediately. If let's say the PR is still pending after very long, I will not hesitate to get a resale. Resale now has a lot more grants than BTO(if you include proximity grant too), and you just might be able to save some $$$. Thanks, free feel to buzz me for more info about PR related matters.
šŸ‘ 0

Savings

Expenses Tracking

Investments

General

Poll for the community: Do you think there is a need for Personal Finance Literacy to be taught to Persons With Disabilities (PWD) in Singapore?
Shun Oh
Shun Oh
Level 4. Prodigy
Updated on 07 Jun 2019
A lot of times, engaging with person with disability, will also means interaction with their caregivers, and the different networks in their life(therapist,social workers, special education teachers,etc). Caregivers need to plan so much more in terms of personal finance, Trust, Insurance, CPF, etc. How can we grow caregiver's limited amount of money? How can caregiver's do long-term care planning for person with disability infusing with financial planning and personal finance? (Check out Special needs Trust Company Ltd-even though it is funded by Ministry of Family and Social Development, are there better trust funds/investment/insurance that are available out there for caregivers?) If there is a need to have a sum of money for persons with disability that are unable to take care of themselves due to the severity of their disabilities when they aged, then caregivers have to really plan even earlier. Caregivers of person with disabilities from the underprivilaged families require so much more resources to be pumped in the family, and when resources are really pumped in to assist, then there is a need for personal finance literacy. Different people have different routine throughout their life stage day to day. Some goes to a fix workshop for activities, some goes to day care centre, others are just like all of us working in open employment at offices, restaurtant. I feel the the general society perception for Persons with Disabilities(PWD) has not been positive. Ever wonder why PWD are hardly sighted in the society? Could it be because our society does not have the space and thoughts to be inclusive enough? I am social-work trained and was once in the disability setting. I am interested in this topic and open for more discussion, I would love to assist in every way I can. Would like to find out more from you and have the opportunity to contribute in any ways. I can link you up with people from the sector too @kennethlou. Thank you!
šŸ‘ 2

General

Savings

What are some small habits you have that help you save just a little bit of money at a time?
Shun Oh
Shun Oh
Level 4. Prodigy
Answered on 24 Oct 2018
1) Leave mrt station before 745am. Save 50 cents per ride. 2) don't buy drinks when eating outside
šŸ‘ 0

General

Credit Cards

What are some of your good hacks with GrabPay?
Shun Oh
Shun Oh
Level 4. Prodigy
Answered on 05 Sep 2018
One disadvantage in grabpay will be: you cannot withdraw money from grabpay. Do check out grab website for ongoing promos
šŸ‘ 2

DBS

Loans

Property

DBS Multiplier Account

Is it be advisable to apply for a credit card from a different company with better cash back rates (BOC/UOB) and then paying off the credit with my DBS credit card (so i get both the cash back from and multiplier)?
Shun Oh
Shun Oh
Level 4. Prodigy
Answered on 29 Aug 2018
It really depends on your spending habits because the cards with better cashback rates usually have other requirements to fulfill. For the second part, technically you can't pay off one credit from other bank with another credit card...If not there will be a loophole in the system hah.
šŸ‘ 0

Education

Lifestyle

Wedding

Savings Accounts

What would be the recommended joint account with your partner? Planning to use this account for wedding/BTO/reno/kids education. Putting in ~$300 each a month. Probably in 2-3 years time we need to plan for wedding?
Shun Oh
Shun Oh
Level 4. Prodigy
Answered on 21 Jun 2018
1) CIMB FASTSAVER: 1% interest, no conditions to fulfill. Just a minimum of 1,000 to remaining getting the interest. 2) this is not a dbs savings account per say. However, with salary crediting to posb joint account, it will count as salary crediting criteria with individual multiplier account. With combined salary, you all can be eligible to a higher bank interest.
šŸ‘ 0
Level 4. Prodigy
52PointsGoal 125
73 POINTS TO LEVEL UP
Browse Rewards