Lunch on A Budget


I simply love this packet of charsiew and roast pork rice. It costs me a mere $3.00 but has a generous amount of char siew and roast pork. They are laid out in two straight lines. The charsiew is so-so but the roast pork is pretty good. They also serve a bit of achar on the side which goes really well with the pork! Simply yummy!

You can find this store at Tanglin Halt Road Market. It is located beside the Kway Chap stall.

If you missed my previous posting, you seriously need to read this article here on Blogging to Financial Freedom. In it, I give some tips on my blogging experience.


Blogging to Financial Freedom

One of those crazy dreams of mine is to be able to maintain a blog that will actually provide me with an income so that I could do the things that I want while blogging about all the wonderful things I get to do.

This would probably include things like month long trips to far away places and blogging about all the sights and sounds, trekking through the Amazon forest, climbing the Himalayas, sipping coffee at Venice, exploring caves and many more!

Of course, I am a dreamer and this is what dreamers do best =)

But I believe that someday, I might at least get to fulfill my dream in parts and share my joy with all my readers. I must afterall reward all of you for listening me rant into the infinite space called Cyberspace.

Is blogging to Financial Freedom possible?

I certainly do not think so. Financial Freedom occurs when one's passive income far exceeds his expenditure so that he choose the lifestyle that he wants.

Blogging definitely does not provide one with passive income. It can provide you with income but it is definitely not passive. I repeat...it is not PASSIVE

After my two years of experience, I would say that most people are actually better off spending their time giving tuition and stuff. The monetary rewards you get from blogging is too little to compare with the income that you could get from doing other miscellaneous stuff like babysitting, tuition, coaching, etc.

The only benefit of blogging is that you get to do it anywhere you like and the idea of being able to make easy money online is of course the holy grail to most bloggers.


So my advice to those who are trying to be full time bloggers is this: Stop trying!


Your success at blogging will only occur if you put your heart and soul to it. If your motive is to make money, it is unlikely that you will succeed.

Some bloggers do make tons of money but you have to admit that they had the first mover advantage. If another girl tries to write like Xiaxue or Perez hilton, they are not going to be as famous.


Adding Value to Your Readers

The key to making money from your blog is perhaps this: To add VALUE to your readers.

How does one add VALUE to your readers?

- Entertain them

- Educate them

- Inform them

Those are the three things that I think are necessary to even earn a single cent from things like Adbrite, Adsense, Amazon Associates, etc


All bloggers at the end of the day entertain to a certain extent, educate to a certain extent and inform readers to a certain extent. It is not how much you are doing each of the three but whether you are better at others in these areas that will distinguish you as a blogger.

The word "blogger" is also misleading. Bloggers are in fact online journalist who work for themselves. Whether they put a price tag on their writing is another matter altogether.

Journalists write for newspapers to make money. Bloggers write for themselves. They could have written to the straits times and stuff but they chose to put it on their own website. This gives them creativity and room to explore various writing norms that the normal media does not allow.

A blogger can chose to write in short sentence, long sentences or in whatever way he deems fit. He is not constrained by topic or timeline. He is his own boss at the end of the day. It is this freedom that is also the downfall of many bloggers. With no deadlines, no agenda, no careful thought, no editing, the blogger is left to his own devices to write whatever he pleases. Whether it is a profitable business, he does not know.

View Your Blog as an E-Magazine

The best way perhaps to view your blog is to look at it as an E-Magazine or e-newspaper. What do people want to read? What are they interested in? Is your site updated regularly?

Because you are the editor, salesperson, marketing executive, and writer for the entire blog, you need to take care of various aspects of the blog at the same time. This can be draining and might require a lot more effort especially if you are holding a day job.

The result is that the blog is often lacking in certain aspects. It is thus good to get comments from readers on how you can further improve your blog.

Would you visit your own blog if you were a reader? Would you come back again and again?

A look at the Bloggers of STOMP

Most of you in Singapore will probably be familiar with STOMP which is a site where star bloggers are also involved in blogging. I do not know how much they are paid but it seems that they do not have the freedom to choose the topic.

The one thing that I realise is that majority of these star bloggers are female. Perhaps, a male audience is expected for this tabloidy kind of topics. Afterall, most New Paper buyers are male. So you can expect why females make a large number of these star bloggers.

So entertaining is best left to females. Mr Brown is an exception as he can be highly entertaining in a funny way too. So it seems like what is left for male bloggers is to be funny when it comes to entertaining. Female bloggers have it much easier. If they are good-looking, they can just post pics of themselves.

Learn from Others, Know Your Audience

This is my last tip for the day.

Learn from other bloggers. Find out how they write. Learn what makes them successful.

After that, try to apply it to your own audience. A blogger at the end of the day needs to know who his audience is. He cannot please the whole world. He has to target his blog to a specific group of people.

I hope you have found this lengthy post useful.

Networth Update (Estimated)


Not superbly accurate but it paints a picture of my networth nonetheless. I still have other insurance policies that I have not included as the surrender values are way too small to make any significant impact on my networth. Main contributor is still my house with the resale prices of HDB soaring through the roof for flats around my area. Two units in the opposite block sold for crazy prices recently.

Paid My Property Tax and TV License

Today, I paid my property tax and TV License Fee of $300.00

This is another expense which I did not cater for as I forgot about the need for such expenditure.

Living in your own house can be costly at times but it sure beats renting a place.

For those who have not paid your property tax and TV licence, please remember that payment date is 31 Jan 010. Otherwise, a late fee of 5% of property tax and $25 (for TV licence) will apply.

You can make payment through the iras website
http://www.iras.gov.sg

POSB Coin Deposit Machine

This is some additional info regarding the POSB Coin Deposit Machine for those of you who have lots of coins and would like to deposit them into one of your savings account with DBS or POSB.

1. What is this Coin Deposit Machine?
This is a new 24-hour self-service terminal that allows you to deposit coins at our selected branches/Electronic Banking locations.

2. Who can use this Coin Deposit Machine?
Customers who wish to deposit coins into any DBS Current/Autosave Account, DBS Savings Plus Account, POSB Current Account, POSB Savings Account may use this machine.

3. Can I deposit my coins to more than 1 account for each coin deposit transaction?
At any one time, you may deposit the coins into one account only.

4. What are the accepted denominations and currencies?
Only Singapore Dollar currency is accepted. The accepted denominations are 1 cent, 5 cents, 10 cents, 20 cents, 50 cents, 1 dollar (floral series only).

5. How much coin can I deposit each time?
There is no minimum or maximum amount for each coin deposit. The maximum number of pieces deposited is however, subject to the load capacity of the machine.

6. Do I need to sort the coins according to denominations before depositing at the machine?
No, your coins can comprise a mixture of the accepted denominations of 1 cent, 5 cents, 10 cents, 20 cents, 50 cents, 1 dollar (floral series only).

7. Can I change the amount of my coin deposit after placing them into the coin deposit machine?
You may retrieve coins that are still in the coin tray and not inserted into the machine. Once the coins are inserted into the machine, it will be counted and deposited accordingly.

8. When will my account be credited?
Collection time is daily at 2pm (except Saturdays/Sundays/Public Holidays). Deposits before collection time will be credited on the same business day before 8pm while deposits after collection time will be credited on the next business day before 8pm.

9. Are there any charges levied for coin deposits?
Coin deposits through the coin deposit machine are levied fees based on $0.0075 (0.75 cents) per piece, and total charges rounded off to the nearest 1 cent. Coin deposit fees will be waived for deposits into Children's accounts (age 15 years and below). To enjoy this waiver, you will need to drop the coin deposit receipt in our Quick Cheque Deposit box. Refunds will be processed by the next business day (Mon-Fri).

10. Who can help me if I encounter a problem using the machine?
You may call us at :
DBS Phone Banking : 1800-111-1111
POSB Phone Banking : 1800-339-6666


Read Related Articles:
1. Opening POSB Kids Savings Account
2. Saving Money on Coffee
3. How To Get Your Credit Card Annual Fee Waived
4. 1001 Frugal Things To Do (Very Popular Post)

Opening A POSBKids Savings Account


Today, I walked into the DBS branch at Great World City to open a POSBKids Savings Account.

The reason for opening it is twofold:

1. Firstly, to start saving a sum of money for my child's education (pre-school, primary school, enrichment classes, university education) and stuff. I am already investing some money for my child's education but would like a more liquid form of savings so that I can make withdrawals anytime.

2. Secondly, this account lets me deposit all my coins without any charges. I have lots of coins lying around the house always and having such an account will let me save regularly for my child.

Nevermind the low interest rates. As long as it allows me to deposit my reservoir of coins without charge, I am a happy man.

So the amount that is in the bank account now stands at $1350. Hopefully, I can start putting money into this account more regularly.

10 Ways This Blog Can Help You

I have been reflecting on what it means to blog and what my blog is meant to achieve during my lifetime. And if I could focus it down to ONE word, that word would be HELP.

The main purpose that I hope this blog can achieve would be to HELP others.

Throwing all my expertise (whatever little that I have) and experience into this blog, I hope to be able to help others in one way or another. Just thinking out loud, these are the 10 areas which I think I can help you through this blog:

1. Studying in University. I have made a few mistakes when I studied in university. I would like to think that my experience in university would be able to help others make a better decision on what to study for their degrees.

2. Doing what you don't like. I am an expert in this. I did a job which I did not really like for what seemed like an eternity. Yet looking back at it, I realised that I have gained tremendously from it. If you are doing something you absolutey dislike, I can share with you my experiences to help you look at things from perhaps another perspective.

3. Blogging Tips and making money using Adsense. As much as I don't like to admit that I am a blogger, the fact that I am using a blog betrays me. I would certainly like to think myself of a philosopher who rants his pieces on the internet for all to see. Nevertheless, I believe that in my short years of blogging, I do have a few tips to impart here and there. I have already received two Adsense cheques thus far and will be receiving my third cheque next month. If you are not making a single cent from Adsense, I would like to think that there is perhaps some way that I can help you.

4. Investment Decisions. I am not a guru when it comes to investment. There are many other gurus out there. However, I dare say that I have made a lot of mistakes in investing and I could share with you all these mistakes that I have made so that you pay less tuition fees to Mr Market. The market is a cruel place and unwise decisions can sometimes be avoided if you just spent the time asking around. Everyone is sure to have their own opinion but at least you get another point of view. I have been investing in the stock market since 2001 and I think I know a thing or two about investing for beginners. If you are looking for experts, please look elsewhere.

5. Career change and Purpose in Life. This is perhaps my forte. I have spent the last 2 years pondering over a career change and also thinking about my purpose in life. I come from a Christian background so my perspectives are naturally shaped in the Christian thought. If you would like to bounce off ideas with someone should you feel hazy about life, feel free to find me =)

6. Bible questions. I can help you understand the bible better if you are a non-Christian. I was once an aethist but coverted to Christianity when I was in secondary school. My rational thinking and scientific mind in the past made me refuse to believe in a God that created the entire universe. Now, I am pretty convinced that scientific methods are limited in the sense that they are just models to best describe certain events and happenings. A black swan event could just come along and prove everyone wrong. I don't like to debate with ppl because when i was a non-Christian, I did not like people to debate with me about religion. Now that I am a Christian, I would say that I could offer you certain ways of viewing the Bible that you might never have seen.

7. Marriage and Parenthood. Being married and being a father, I can share with you my experiences about queuing for a HDB flat, getting married, holding the wedding dinner, living together with your wife, and also the joys of being a father. This will all be based on personal experiences but it is better than nothing.

8. Financial Freedom. As this blog suggests, I am trying to attain financial freedom and not become a slave to money. I am not there yet but I believe that God willing, I should get there someday. I can share with you my experience as I make this journey. I encourage you to follow me on my journey and not become one who has to worry all day about retirement

9. Singapore. I live in Singapore. I have a view of Singapore that outsiders might not have. If you are a foreigner, I am willing to answer any questions you have about Singapore to the best of my ability.

10. Books. I love books and try to have a book at hand wherever I go. I will do my best to recommend good books to read. My book reviews are terrible though but I would certainly think that I can identify a good book when I see one.

Featured Post

Unlock Exclusive Deals and Savings: Join Amazon Prime Today!

Amazon is celebrating Prime members with a multitude of deals during Prime Day. The event will offer more deals than ever before, with new d...