A little while back, I wrote an article on 1001 ways to save money. I thought that I could expound on some of the common money saving tips proposed by various experts and see how it can actually work out in the Singapore context.
One of these money saving tips that you commonly hear is this:
Shop at outlet stores. You can find a lot of nice, even brand names, clothes for a fraction of the price.
Outlet Stores in Singapore
In the first place, I don't really know where to find outlet stores in Singapore. I am not much of a shopper so I would really appreciate if everyone can share the best outlet stores in Singapore to get stuff like clothes and shoes.
Outlet Stores in Malaysia
Over at Malaysia, I frequently come across Factory Outlet stores and also the Reject Shop. These shops often carry certain branded shirts at really a fraction of the price. And that is in Ringgit also! Tell me about a good deal.
The shopping mall just opposite the new immigration complex is where you can find a Factory Outlet store and a Reject Shop. If one does not mind making the trip across the causeway, you can find pretty good deals there.
-
Civil servants or public officers in Singapore are expected to declare their financial standing when they first join and every year thereaft...
-
Trying to compile the salary pay scale for the Singapore civil service. Somehow, I only managed to find the figures for 2011. There are p...
-
In my previous article , I compared an endowment plan with an ILP. Many might think that an ILP is a silly way to save for my child's ed...
-
Everybody loves free stuff. So as part of the Christmas Celebrations, I am giving away MONEY! ANYONE can earn it. Just leave a comment on th...
-
How much does a normal or average Singaporean earn? Based on median income, that is supposed to be $2,400 per month and raised to over $300...
-
Networth as of Feb 2010 is estimated around $652,000. A slight drop from Jan 2010. The decline in networth was due to a slight drop in my ... -
“We are more than that; we are in the business of creating time.” - Tay Liam Wee Mr Tay Liam Wee has an estimated networth of around S$135m.... -
Here are some frequently asked questions about sgfinancialfreedom: Q: How do you compute your networth? A: I compute my networth by adding m...
-
As most of you know by now, I have started a POSB Kids Savings account for my child. The main purpose of this account is to save for his un...
-
I can't sleep. I am worried about my finances. So I am up now counting my money in all the places that I have. Sometimes I forget that...
Didn't pass QC ones
ReplyDeleteWhile it saves money, it might not save time. Have to be careful of how you debit time but credit savings...works out to be the same or worse.
ReplyDeleteThe act of crossing the causeway takes time, which can be worth a lot more than what you could save.
ReplyDeleteTry NTUC/Cold Storage house brand. IMO, some are good or even better than those with brand.
ReplyDeleteWhat if you kena robbed at JB? Many many years of saving gone in minutes
ReplyDeleteHi guys,
ReplyDeleteOf course i am not suggesting that one makes special trips frequently into JB just to do their shopping. Crossing the causeway takes a short time nowadays.
I mean if you happen to be there, just drop by the outlets =)
I don't think outlet stores are selling low quality items. They might not have passed QC but they are still in pretty good shape I guess.
JB has good food too. So it is worth the cross over if you drive =)
Saving matters but Investing determines!
ReplyDeletehttp://createwealth8888.blogspot.com/2010/04/saving-matters-but-investing-determines.html
Heh...actually, a lot of people don't invest.
ReplyDeleteMost of them just save their money in banks. And surprisingly, I think if they are really frugal, they might be able to save up quite a bit.