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Yong Kah Hwee

Joined the rat race recently. Even though I'm a chicken.

Yong Kah Hwee

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Joined the rat race recently. Even though I'm a chicken.

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Yong Kah Hwee

  • Answers (615)
  • Questions (1)
  • Reviews (15)

Career

SG Budget Babe

Yong Kah Hwee
Yong Kah Hwee
Level 8. Wizard
Answered 1w ago
GlassDoors is a good place to look for reviews of current and past employees. If you're already in the company, talk to your colleagues. Is there a significant portion of your colleagues who are thinking of changing jobs? If yes, that's a major red flag.

SG Budget Babe

Career

Fresh Graduates

Yong Kah Hwee
Yong Kah Hwee
Level 8. Wizard
Answered 1w ago
As much as you can, without feeling like you are suffering. I would say saving 40% or above of your salary is decent. It depends on how much you're getting, and the expenses you have!

Savings

Family

Lifestyle

General

SG Budget Babe

Yong Kah Hwee
Yong Kah Hwee
Level 8. Wizard
Answered 1w ago
Not a parent, but here are my two cents: Interestingly, I've recently asked a few friends whether they are expected from give their parents monthly allowance too. At least in my circle of friends, the friends with families that are less well to do are expected to contribute a monthly allowance, as their parents had 'invested' money into their education since young, and now lack savings. For friends with families that are more well to do, they are generally free to choose whether they want to contribute a monthly allowance or not. Their parents would want these friends to save up for their own future and families.

SG Budget Babe

Investments

Stocks Discussion

Yong Kah Hwee
Yong Kah Hwee
Level 8. Wizard
Answered 1w ago
For starters, I'd say you can invest with robo advisors such as StashAway. They are diversified enough, and allows you to choose your risk levels according to your risk appetite. Would also suggest investing some time in gaining knowledge of investing!

SG Budget Babe

Credit Card

MileLion

Yong Kah Hwee
Yong Kah Hwee
Level 8. Wizard
Answered 1w ago
It is definitely possible. Whether it is wise or not depends on the following: If you are able to control your spendings and ensure that you pay your bills on time, then it is definitely unwise to not use a credit card. Using a credit card can give you benefits such cashback, miles and reward points, which you can then exchange for flight tickets, vouchers, etc. Using a credit card also allows the money to stay in your bank for a long period of time (until you pay your CC bills), thus allowing you to get more interest if you're using a high interest savings account. On the other hand, if you are unable to control your savings, then it is unwise to get a credit card. However, I believe that with some self discipline, anyone will be able to control their spendings! :)

Lifestyle

Yong Kah Hwee
Yong Kah Hwee
Level 8. Wizard
Answered 3w ago
Thermal flask, mug, lanyard, vouchers, scented candles

Miles

Cashback

SG Budget Babe

Credit Card

MileLion

Yong Kah Hwee
Yong Kah Hwee
Level 8. Wizard
Answered 3w ago
It really depends on what you want. For me, I chose a miles card after graduation because I really love travelling, and I wanted to accumulate miles so that I can experience a business class flight without paying. If you like travelling, then feel free to go for a miles card. If not, then go for a cashback card!

Savings

Bank Account

Lifestyle

Yong Kah Hwee
Yong Kah Hwee
Level 8. Wizard
Answered 3w ago
I like to gym/exercise when I am stressed. If your school has a gym/swimming pool that you can use without paying, just use them! Also, consider joining a CCA. Hanging out with CCA mates can really help in de-stressing too! :)

Investments

Trading

Yong Kah Hwee
Yong Kah Hwee
Level 8. Wizard
Answered 3w ago
I am currently using DBS Vickers, because they have the option of cash upfront settlements that only charges about S$10 per trade. I also use FSMOne when I buy stocks from the HK market, due to their low trading fees too!

Credit Card

Miles

MileLion

Yong Kah Hwee
Yong Kah Hwee
Level 8. Wizard
Updated 4w ago
I am currently using 2 cards to earn miles: DBS Altitude card You get 1.2 miles per $1 spent locally, and up to 4 miles per $1 spent on travel related expenses (such Singapore Airline tickets booked through DBS Travel MarketPlace). Miles do not expire. UOB Preferred Platinum Visa Card If your transaction is more than $5 and you pay using payWave, you get 20 miles per S$5 spent (4 miles per dollar). You also get 20 miles per S$5 spent on Qoo10. Miles do expire after 2 years though.
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