joannepoh

Articles by Joanne Poh

In my previous life, I was a property lawyer who spent most of my time struggling to get out of bed or stuck in peak hour traffic. These days, as a freelance commercial writer, I work in bed, on the beach, in parks and at cafes, all while being really frugal. I like helping other people save money so they can stop living lives they don't like.

singapore gst hike
Budgeting
Budget 2021: GST Hikes & Extensions Singaporeans Should Prepare For
Last year’s Budget was all about supporting Singaporeans through the challenges of the pandemic, the recession and an economy that was already tepid before the virus outbreak. But all that...
5 October 2021
What is the HDB Income Ceiling for BTO, EC & Resale Flats?
Property
What is the HDB Income Ceiling for BTO, EC & Resale Flats?
When it comes to buying an HDB flat, Singaporeans are stuck between the devil and the deep blue sea. A delicate balance has to be struck between 2 extremes: Work...
29 September 2021
CapitaLand Restructuring: Should You Buy CapitaLand Investment (9CI)?
Invest
CapitaLand Restructuring: Should You Buy CapitaLand Investment (9CI)?
Once upon a time, real estate giant CapitaLand was regarded as one of the most foolproof companies to invest in in Singapore. But then, Covid-19 happened. Hands up how many of...
28 September 2021
The MoneySmart Guide to Retirement Part 4: Preserving Your Wealth
Budgeting
The MoneySmart Guide to Retirement Part 4: Preserving Your Wealth
Longevity is a big deal in many Asian cultures. In China, everything from bamboo to overly-long noodles can be a symbol of longevity. But in Singapore, one of longest-lived countries in...
27 September 2021
The MoneySmart Guide to Retirement Part 3: Growing Your Wealth
Budgeting
The MoneySmart Guide to Retirement Part 3: Growing Your Wealth
Money means different things to different people. For some, it’s a new handbag, a bespoke cocktails and ski holidays in Hokkaido. Call us lazy, but to many of us here at...
20 September 2021
What is DeFi? A Singaporean’s Guide to Decentralized Finance
Invest
What is DeFi? A Singaporean’s Guide to Decentralized Finance
One of the crypto buzzwords of 2021 is “DeFi”. Sounds like an underground resistance movement, but it’s actually short for decentralized finance, i.e. an alternative version of the traditional financial system....
15 September 2021
DBS Home Equity Income Loan Review: CPF Scheme for Private Property Owners
Home Loans
DBS Home Equity Income Loan Review: CPF Scheme for Private Property Owners
Unless you’re willing to live with your parents forever or have had a look at rental prices and not had a heart attack, you’re going to have to fork out...
14 September 2021
The MoneySmart Guide to Retirement Part 2: Insurance Protection
Health Insurance
The MoneySmart Guide to Retirement Part 2: Insurance Protection
So, you made it through the Singapore education system and now have a job that pays you an okay salary. You’re even saving and investing for financial goals like retirement....
13 September 2021
13 cheapest condos singapore
Property
9 Cheapest Condos in Singapore: Studio Apartments Under $600K
“Cheap” is a relative term. To people from anywhere else in the world, nothing in Singapore is really cheap except the bus, MRT and hawker food. But if you’ve been...
8 September 2021
The MoneySmart Guide to Retirement Part 1: Home Security
Home Loans
The MoneySmart Guide to Retirement Part 1: Home Security
Your home is your castle, your refuge, your love nest, your (wo)man cave, and also what you have spent or will spend a large chunk of your life paying for....
6 September 2021
CPF Nomination Scheme: Step-by-Step Guide to Making a CPF Nomination
Family
CPF Nomination Scheme: Step-by-Step Guide to Making a CPF Nomination
We have no idea what will happen to your soul when you die, but we can guarantee that your money will go to neither heaven nor hell. Your life insurance will pay...
30 August 2021
Guide to CKA & CAR for Specified Investment Products (SIP) in Singapore
Invest
Guide to CKA & CAR for Specified Investment Products (SIP) in Singapore
If you’ve already tried investing in Singapore, you might have come across something called a CKA (Customer Knowledge Assessment) or CAR (Customer Review Account) test. CKA and CAR are two...
27 August 2021
Xfers Account Singapore: Step-by-Step Guide to How Xfers Works
Invest
Xfers Account Singapore: Step-by-Step Guide to How Xfers Works
The days when Bitcoin was a goldmine have dissipated together with our mask-free pasts, but you might still be thinking of trying your hand at this whole cryptocurrency thing. After all,...
26 August 2021
Voluntary CPF Housing Refund: What Is It, and Should You Do It Too?
Home Loans
Voluntary CPF Housing Refund: What Is It, and Should You Do It Too?
Emptying your CPF Ordinary Account (OA) to pay for property and service your mortgage is one way you can get some utility out of your CPF savings before you hit...
25 August 2021
teaching in singapore MOE tuition teacher
Education
Teaching in Singapore: Is It Better to Be an MOE Teacher or a Private Tuition Teacher?
On the face of it, MOE teachers seem to have it good. Decent pay AND long holidays? Sign us up! Yet everyone has that ex-teacher friend who quit to give...
17 August 2021
doctor lawyer salary singapore
Career
Ever Wondered How Much Your Doctor and Lawyer Friends Earn?
Kiasu parents all over Singapore put their kids through years of private tuition sessions and enrichment classes in hopes that they will grow up to become a superstar heart surgeon...
16 August 2021
Insurance Claims in Singapore: How They Work & What You Need to Submit
Car Insurance
Insurance Claims in Singapore: How They Work & What You Need to Submit
The first thing most people do when they need to make an insurance claim is to send a panicked WhatsApp message to their insurance agent. But your agent is only...
5 August 2021
How to Start a Business in Singapore: 7 Steps to Becoming Your Own Boss
Business
How to Start a Business in Singapore: 7 Steps to Becoming Your Own Boss
Overseas holidays are still off the cards, and bosses think employees have “nothing better to do” than to be on call 24/7, leading to people working even longer hours than...
29 July 2021
Citibank SMRT card Review
Credit Cards
Citibank SMRT Card – MoneySmart Review 2022
You might think that SMRT is the source of all your problems, but that doesn’t mean you should refuse to sign up for the Citibank SMRT Card out of spite....
21 July 2021
SIBOR, SORA and SOR Rates Explained — All You Need To Know And How They Affect Your Home Loans
Home Loans
SIBOR, SORA and SOR Rates Explained — How They Affect Your Home Loans
One of the biggest decisions you have to make when buying a home is… no, not what colour you want the walls to be, but what home loan to go...
13 July 2021
best critical illness insurance singapore
Health Insurance
Critical Illness Insurance in Singapore: The Complete Guide (2021)
Critical illness insurance is generally considered good to have in Singapore… if you can afford it. It is generally not considered as essential as hospitalisation insurance, which every adult should...
12 July 2021
Futu Moomoo Singapore Review (2021): Worth It For the Free Apple Share?
Invest
Futu Moomoo Singapore Review (2021): Worth It For the Free Apple Share?
Futu Moomoo might sound like the brandname of a new type of flavoured milk, but it’s actually an online investment brokerage. Even the lactose-intolerant can partake! Moomoo is a stock...
7 July 2021
Love Shopping in Singapore? 5 Best Credit Cards to Swipe (2021)
Credit Cards
Love Shopping in Singapore? 5 Best Credit Cards to Swipe (2021)
Are you always late for appointments because you “couldn’t help” but step into every shop along the way? Are your friends and family thoroughly sick of waiting outside changing rooms?...
23 June 2021
singapore property prices
Property
Investing in Property in Singapore: Singapore Property Tax & Buying Guide
For most ordinary Singaporeans who aren’t CEOs, ministers, investment bankers or heart surgeons, there are two main ways to get rich quick — win the lottery, or buy Singapore property...
22 June 2021
managing money and expenses a guide to budgeting income
Budgeting
Managing Money And Expenses – A Guide To Budgeting Income In Singapore
You go to work every day and earn an acceptable income. Yet, at the end of every month you start to get panic attacks when standing in line at the ATM...
18 June 2021