Tuesday, December 6, 2016

Just Contributed More Money To SRS Account

I just contributed another lump sum of monies to my SRS account. There are good reasons for me to do so since I get to enjoy tax reliefs and will end up paying less taxes for the next year.


I figure that I have contributed about $10000 and upwards so far this year to my SRS account. There is a cap to how much relief I can claim so I will probably max that out by end this year ( which really does not give me much time!).

I have also maxed out my CPF minimum sum top up by contributing $7000.

Good tax reliefs so why not?

Sunday, December 4, 2016

Interest Income for November 2016

Really need to get into habit of recording down my dividends and interest income. As some of you might be aware, I have been relying on banks promotional interest rates or bonus interest to get higher rates for my savings account.

For November 2016, I managed to get $179 from my OCBC360 account. Not bad if you ask me.

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