Money is powerful in many aspects. It makes our lives easier and gives us reassurance for the future. More importantly, we have control over how we use our money and ultimately, our future. Here are some money-saving tips.
Pay your credit card bills on time
Credit cards are a wonderful pay to pay your bills, with points, rebates, cashback and so much more. However, the moment you forget to pay your credit card bills before the due date is when you will suffer. With exorbitant interest rates, any delay in payment is sure to hurt your finances even more. Make sure you pay your credit card bills on time and your credit card will surely serve you well. More importantly, make sure you are using your credit card to pay for items you can actually afford.
Make a budget
We’re not asking you to make a complicated budget detailing every little detail of your spending life, all it takes is a simple one of how much you can spend now and how much you want to save. Making a budget also makes you more aware of your spending habits. At the end of each month, review your spendings and make adjustments to save more.
Get a mortgage broker
Got a house or looking to get one? With houses in Singapore at such high prices, here is definitely an area where you can save big bucks. Just 1% of $1,000,000 is already $10,000, enough for a European holiday with your loved one. Mortgage brokers are here to help you get the best interest rates, whether is it a new loan or whether you are refinancing.