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Long-Term Visit Pass IRAS/CPF Statement

Source Not sure when it was updated but from now onwards, when applying or renewing Long-Term Visit Pass, the sponsor can choose to sign a form to allow ICA to obtain sponsor's Income Tax and Central Provident Fund information so that the sponsor don't have to print out and bring along both. "Local sponsor's Income Tax Notice of Assessment for the last 3 years and CPF Statement showing monthly CPF contribution for the last 12 months. Alternatively, the sponsor may choose to complete Appendix VP to give consent for ICA to obtain and verify financial information provided in respect of this application with the Inland Revenue Authority of Singapore (IRAS) and Central Provident Fund Board (CPF) directly instead. "
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Decisive Call By Mr. Obama

Source It sure took a lot of time for the republicans and democrats to work on a best package but unfortunately, until now, they still cannot fully agree with each other. But I'm glad Mr. Obama called for a stop-gap measure, yeah damn right, it's late already, these politicians should just think of the bigger picture for now, there is no way they should ever allow their country to blindly walk over that cliff. "There is absolutely no reason, none, not to protect these Americans from a tax hike. At the very least, let's agree right now on what we already agree on. Let's get that done," the president said. That's why I like Obama.
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Food Paradise Series on YouTube

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American food! A word of warning though, it will make you feel hungry! Manliest Restaurants Hamburger Paradise State Fair Foods Bacon Paradise London Food Pasta Paradise Bar Food Big Beef Paradise Pie Paradise Steak Paradise And more! Check out the uploader's channel! Enjoy!
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Exercising Financial Prudence Tip #4 - Don't Spend More Than You Earn

I have this relative whose gross salary is close to S$4000, after CPF deduction, he takes home about S$3000+. He owes money to a few banks, totaling more than S$50000, all credit card debts. I have no idea how he managed to chuck up all that debt, right now,  Credit Counselling Singapore  is trying to help him negotiate with the banks on installment repayments at a lower interest, I hope one of those banks will help him. And if one of the banks does help, what I understand from him is he will need to pay about S$700 a month, for 8 years. As for me, I don't think I will ever get a credit card, I still prefer to spend whatever amount there is in my bank account. No money? Don't buy, it's that simple, I can't imagine myself slogging 8 years just to pay that kind of money. And actually that relative didn't even know that there is such an agency in Singapore that provide advise and assistance on credit card debt, so another purpose of this post is to create awa...
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Funny Internet #1

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Because it's just a movie
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Exercising Financial Prudence Tip #3 - Don't Keep Your Money in Your Drawer

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As a matter of fact, I used to do that as a teenager. I would dump whatever spare cash I have into my drawer and when I have free time, I would count my money. You see the problem? The amount of money in my drawer will never grow unless I continue to dump my spare cash. So let's say I have 1000 dollars inside and I decided to stop dumping money, and after 10 years, it's still 1000 dollars, now the question is, how much is my 1000 dollars worth after a decade? If you factor in Singapore's Annual Inflation Rate , that same 1000 dollars would have become "smaller" i.e. I need to pay more than 1000 dollars to buy what I could have bought with the same amount of money 10 years ago. Pay $223.28 More! So think about it, have you found a better place to keep your money?
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Exercising Financial Prudence Tip #2 - Take Public Transport

I think having a car is convenient most of the time, especially when there's a need to carry stuff or people, or to certain places where public transport is not easily accessible. But the biggest problem with owning a car is the total cost of ownership, the monthly expenses is already quite a substantial amount. Just imagine how much you can save by converting to public transport. Well, I have a colleague who has fully paid up his car loan, but he still spends slightly over 1000 Singapore dollars a month on his car, I think he would spend less than 1/10 of that if he converts to public transport, and the other 9/10, he can use it to increase his investment portfolio. What I think is, Singapore is not a very big place, nowadays, our public transport is getting better, more connected, to more places, at higher frequency, worse comes to worst, one can always book a taxi, and it's just a call away. To be honest, I only take public transport for long distances, the rest I just...
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Exercising Financial Prudence Tip #1 - Use a Cheap Phone

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I'm currently using a Nokia 1280, and I bought it for 30 Singapore dollars at a neighbourhood shop. There are shops in People's Park Centre selling for 26.80, so for those interested, you might want to check it out. It's a basic phone, cheap and useful, and there are two outstanding features: 1. Torchlight - press center pad up twice to switch on, up once to switch off. 2. Speaking alarm - set a time, when alarm goes off, phone tells you the time. And one other thing I like about this phone, it's durable, doesn't stop my heart when I drop it, I know it won't break ;) Nokia 1280 - Black In Singapore, I think most people sign up for a mobile subscription plan, the contract requires one to stay on that plan for 2 years and for your commitment, telcos will offer mobile phones at a much lower rate. So for me, I get a plan that suits me, and I get a phone with a high market value and sell it brand new, or I get a phone at 0 dollars. If you want to save ...
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Withdraw Money from PayPal to POSB Account

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POSB Info for PayPal Country: Singapore Name on account: This must be exactly the same as the name under your POSB account, the name order must also be the same e.g. Tan Ah Kow, not Ah Kow Tan, if order is wrong, click Switch name order. Bank Name: DBS Bank Ltd Account Type: Whichever you wish, if not sure, check your booklet, usually is savings account. Current account is usually used for issuing cheques. Bank Code: 7171 Branch Code: 081 Account Number: POSB account is 9 digit, exclude the dash, put only numbers.
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Budget Airline Excess Baggage Charge (Special Rate)

This morning I went to the airport with my wife because it's that day of the year again, when she will return home to visit her family, and eat all her favourite food, papaya salad, fried ants, yeah. According to a neighbour in her home town, those are the top two delicacies of northern Thailand. The first one is arguably okay for me, but I just can't bring myself to try the last dish. And so we were well aware that her checked luggage was over the 25KG allowance that we purchased during booking, and it's a total of 7KG over the limit, and we just wanted to try our luck and see if we could get through without paying, but before I continue, I just want to emphasize that the point of this post is not to get anyone into trouble. The lady at the counter told us to put our checked luggage on the weighing machine and the overweight came at no surprise. She told us there would be a charge of 20 Singapore dollars for each extra KG over the allowance and the tot...
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Long-Term Visit Pass - Plus (LTVP-PLUS)

http://www.ica.gov.sg/news_details.aspx?nid=12665 Good news for those of us who cannot get PR for our beloved spouse, because the Singapore government has come up with a enhanced long-term visit pass called LTVP-PLUS or LTVP+. I'll sum up the key points in the FAQ provided by ICA so you don't have to go through one big page. Do let me know if I missed out anything or correction is required by dropping a comment. GENERAL LTVP+ will be in effect from 01 Apr 2012. LTVP+ holders will enjoy extended duration of residency, public healthcare subsidies and easier access to employment. No separate application required for LTVP+; an application for LTVP will automatically include your spouse for LTVP+, if eligible. LTVP applications submitted from 01 Feb 2012 will automatically be considered for LTVP+. The first approved LTVP+ will grant 3 years residency and subsequent renewal will be 5 years. Current holders of LTVP will be considered for LTVP+ on next renewal. If holde...
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How to Marry a Thai in Singapore

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You should refer to here -  https://www.rom.gov.sg/reg_info/rom_marriage.asp Please spend some time to go through and understand the information on that section (legal provision, other information, filing of notice, solemnization and etc), if your still not sure, feel free to drop a comment here or you can use their FAQ . The ROM website did a really good job of putting together the information that you need in a well-organized manner. I've done it once and I think the guide is very easy to follow. The only hiccup I've had with my marriage is during the  Appointment for verification & Statutory Declaration where both of us were required to read out a wall of text and my wife had difficulty getting past the first few lines and the counter guy got fed up and told my wife to stop. Definitely my oversight as I didn't arrange for an interpreter beforehand but luckily, there was a licensed interpreter at the scene and we managed to get her to do the interpretation ...
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Commission Calculator for DBS Vickers SG Stocks

Made this little tool to help me calculate the costs of buying or selling a stock, just enter number of shares and price and it will show both buy and sell costs at the same time. Can even choose by cash upfront, online or phone and it will calculate using respective rates. Cash Upfront ONLINE By Phone Shares: Price: Value: Commission: Clearing Fee: ...
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