• frugal

    Alternatives after the banks’ interest rates cut (Dec 2020)

    By now, I am sure you have read through many articles talking about the recent bank interest rate cuts, whether it is from Seedly or from other bloggers or from Reddit/Hardwarezone. This article is just a brief breakdown of the recent changes that happened to the popular bank accounts as well as potential alternatives you can look for. What happened? Banks aggressively cut their interest rates again.  Standard Chartered My favourite Standard Chartered Jumpstart account cut their interest rates from 1% to 0.4%. I will still be using their debit card for the 1% rebate. However, I honestly do not see much appeal in putting my money in there considering…

  • frugal

    Investment allocation for 2021 and the content creators I love

    Right now, barring a late-year crash, my portfolio is up 15% over the past year. I would say this year has been pretty good for me, considering that I did not have any losers and at worst broke even with some stocks. But since then, I have cleaned up my portfolio, trimmed some holdings and refreshed my perspective on investing. Here is how I am going to think about it in 2021. Core-Satellite Portfolio If you have been reading my recent articles, you will know that I adopt this strategy. In 2021, I hope to increase my core portfolio allocation to at least 60% and hover around the 60% to…

  • frugal

    What I have learnt in 2020

    I think I have learnt a lot in 2020 about personal finance. I have never done as much reading in one year before and I hope to continue in the coming years. Over time, my opinion about investing and money has changed. This all happened within 2020, the pandemic year. Who knows what else will change in the following years. It will be fun for me to look back years from now and know that a young me thought about money this way. Thinking about it mathematically Firstly, I like math so I think about money in terms of mathematical operations. Your income is your addition sign (+), your expenses…

  • frugal

    2021 is coming! What to look out from me

    Hello! I have been inactive for quite a while. To be honest, I was not really busy with anything. In fact, I got less busy. I guess it’s just the holiday mood catching up with me, and I ended up binging on more Netflix than I initially planned. I guess it’s good to take a break once in a while. However, a lot has happened in the meantime. Although I have not been posting my thoughts, I did read through them and have collectively learnt a lot. So there will be more posts in December. How I started 2020 is my first year I took personal finance seriously. I never…