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Gabriel Lee
Gabriel Lee
Level 6. Master
Answered on 19 Nov 2018
Dropshipping is pretty viable and doesn't require much effort/time, excluding the initial set up. Used to do it previously and could earn about $500-600 per month without much effort while I was studying in Poly. Check out my answer related to this here - https://seedly.sg/questions/how-to-be-a-successful-carouseller-on-carousell

Salary

Lifestyle

General

Very important. You can afford better stuff in life. If you have a family and kids, they can get a better life too. You get to try more food, your travel options open up, you can afford more help for kids in tuition or give them extra classes to pursue their passion in music, arts or whatever. You can save time by getting a car or taking more grab. You can afford to upgrade yourself, take more expensive courses like a Masters, MBA, CFA and more. You can afford to take unpaid leave, sabbaticals even!

Salary

Career

Always negotiate your salary with annual pay. When they rejected your 3.8k, did they counter offer you? If they did work from there too. The Industry, the company and the position you are applying for matters too. MNCs are normally able to offer more too, you want to apply for them if you want

Career

Salary

Income tax high is very relative. Our income taxes are much lower compared to many developed countries eg in Europe or USA. If your bonus covers your income tax, then you are a high earner for sure. The tiered structure for our income taxes means that higher earners will pay more as they move up the brackets. But it is a good way to think that bonuses are not extra money for us to spend.. Means you will be saving it more than spending it away!

Savings

Salary

Tan Wei Ming
Tan Wei Ming
Level 5. Genius
Updated on 14 Jun 2019
Both products are great. Interest rate wise, POSB SAYE is higher than SSB based on average 2Y interest rate. However, please take note that in order to get 2% bonus interest for POSB SAYE, you cannot withdraw them. On the other hand, for SSB, you can still redeem without losing your accrued interest. I wrote an article and my suggestion is to save at least $300 every month to get 0.2% base interest. This will ensure that you have $260 to spend, preventing you from any liquidity issue. It really depends on how frequent you spend and how much liquid cash you have on hand. I prefer to credit my savings to POSB SAYE because I get 2.2% interest rate if I save at least $300 every month and do not withdraw.

Salary

General

First, you have to understand the rationale of your pay. Salary is an instrument to determine your worth in the company. If you intend to ask for a pay raise following a promotion, the best way to convince your boss why you're deserving of it is to show it in results (I will make sure my team brings in 200% in sales this year etc.) or by justifying the magnitude job scope enlargement justifies your pay increment. Then again, its dependent on HR policies of individual companies as each title / grade usually have a salary spectrum attached to it. Highly likely they wouldn't approve if what you're requesting for is out of the boundary

Career

Salary

Angeline Teo
Angeline Teo
Level 2. Rookie
Answered on 17 Apr 2019
Hi there, my advice would be not to inform your boss first. The reason is because there are many things that would change in the span of two years. This includes: your job, your boss and your perception of what you are doing now. In the span of two years or twenty four months, there is a probability your company will go through restructuring, your boss might be promoted or move to another department, your role might change, your perception of your role might also improve. Rather another way to think through it would be to find people you can talk to that are doing jobs you perceive are meaningful and not soul-sucking. Hear what they have to say, and consider what it is about the job that is soul-sucking. Then keep moving in that positive direction. :)

Salary

Career

Yk Lai
Yk Lai
Level 3. Wonderkid
Answered on 12 Dec 2018
If people treat me as a tool at my workplace, there is not even a single reason can convince me to stay. There are still many companies out there. Sometimes, we really need to explore. And many times, I have friends' or mine experience telling me, there are blessings come in disguise of unfortunate events.

Salary

Investments

20-60%? It really depends how low your expenses can be. After setting aside your 6 months emergency expense, I'd invest everything on top of that. I'll keep cash for any short term requirements that need to be paid within a year though.

Savings

Salary

Career

Gabriel Lee
Gabriel Lee
Level 6. Master
Updated on 10 Nov 2018
Here's an infographic from Seedly on how you can manage your income every month! Given that you're working full time while taking up a diploma course, you might not have time to take on additional part time jobs. So maybe you can consider other alternatives like dropshipping !
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