Negative Net Worth $160k

Its finally done! I am now on a negative net worth of $160k 

After resting on my lazy butt with more than 10 years of higher interest rate with CPF, I have finally picked myself up and reached out to several refinancing companies for quotes and stuff. 

Fastest fingers first! This lady from Redbrick contacted me and sounded pleasant with the heart of a teacher educating me on this and that with regards to refinancing. Finally settled down on a 1.65% refinance with UOB after some advice from my pals as well.    

A simple calculation shows a savings of over $12k compared with CPF rates. 

Duration was also shortened from 17 years to 15 years on the new plan. 

So Cheers to paying off my house in 15 years time. 

Or until i pick my lazy butt again in future. 

 

Monthly Savings & Expenses Feb 2016

Monthly Savings & Expenses Feb 2016

Ok ok ok! The crunch month has finally ended! This is the most challenging challenge month (other than Christmas) for me! The month of Chinese New Year, the month when my

UOB Quick Funds Transfer

UOB Quick Funds Transfer

I do a fair bit of online shopping and one of the most common mode of payment is internet banking, ibanking, bank transfer or what ever name you call it. However due to security reasons, all banks have introduced the 2 factor verification whereby i am required to key in some numbers (one time password) using a token given by the bank. The problem is that

Monthly Savings & Expenses Jan 2016

Monthly Expenses Jan 2016

It's the 2nd month of my aggressive savings

UOB Painting of the year 2014

I would never have thought that UOB being in the financial industry would be linked to the arts scene. And in actual fact, the UOB painting of the year competition held by UOB has been going on since 1982 and is suppose to recognise Asia's budding artist and showcase their work to the world.

This year, the winning entry is from Singapore based Korean who did this 'oil on canvas', whatever that means.. won S$32,000.

Well this piece of art which seems like a big black square to me is actually a painting with 57 layers of colouring. Is this like the Emperor's new clothes? The judges all agreed that 57 layers is REALLY impressive and chose this piece to show their deep level of appreciation for art work.

Looks like my 2 month old daughter might have a future in the art industry..hmm..