According to The National Crime Prevention Council (NCPC) Singapore, in the first half of 2019, the crime rate went up by 7% mainly due to a rise in scam cases. Out of those, loan scam has been one of the…
Doing a business in Singapore is quite expensive, thus, Singaporeans have opted the way of borrowings to manage their finances and meeting with all of their business needs. From a year ago, total lending rose approximately by 3% and this…
The most challenging part for every business these days is limited access to funding that eventually results in limited growth. According to various Independent Business Reports, 50% of the small businesses with 10 or less employees have applied for some…
Depending on how much and how you handle, debt can be a useful financial tool or baggage complicating your life. Amongst all, a high-interest debt like credit cards and personal loans have been the fastest-growing debt category in the last…
Prioritizing savings is a vital step to ensure financial stability. But there are times when people choose to meet their needs at hand and put off saving for the future. However, spending smartly and saving regularly is the best way…
Being a freelancer, you are free to choose what type of work you are going to do, in short, you are your own boss. As per Inland Revenue Authority in Singapore (IRAS), freelancing is a form of self-employment and it…
Financial emergencies never come following a notice. Due to the fluctuating conditions in the market, it has become difficult for people to completely rely on banks or other financial lenders. There are many practical changes that may come in your…
Looking to reorganize your current debt and mend your financial situation? Loans are the first places to look at as people with debt usually seek debt consolidation loans to save them from unwanted monetary burden. When talking about loans, it…
While Singapore has high median household income compared to other Asian countries, the income gap between the individuals is also higher. As per the Department of Statistics, the median monthly income of households headed by a permanent resident is $9,293…