MoneyDigest - Personal Finance, Lifestyle, Money Saving Tips

5 Ways To Have Flawless Skin For Less

Skip Skin or Face Treatments that cost for more than S$300 by rejuvenating your skin with simple kitchen ingredients available at your own home. Isn’t it amazing that you can get flawless skin for less?

1. FIGHT BUG BITES, PIMPLES, AND RASHES

Aside from cleaning your teeth or fixing small holes in your walls, toothpaste can be used as a handy tool to remove bug bites, reduce pimples, and eliminate itchy skin rashes. All you have to do is apply an ample amount of plain white toothpaste on your bug bites or pimple and allow it to stay on your skin over night. Rinse it off immediately in the morning.

2. FRESHEN YOUR SKIN

Consisting of 95% water, it comes as no surprise that cucumbers help freshen and moisturize the skin. Also, cucumber pulp can help improve your skin’s complexion especially if you have redness or irritation. So, place at least two cucumber slices in a plastic bag and let it freeze in the fridge overnight. Remove it from the fridge the next morning and place two slices in your eyes for 10 minutes. Guaranteed instant freshness and less puffy eyes indeed!

3. EXFOLIATE YOUR SKIN

Coffee is not only delicious but also skin smoothening. Exfoliate your skin by mixing coffee grounds with your body lotion. Just dip a wet cloth into your leftover coffee grounds. Massage it from your neck down to your body to wash off the dead skin.

4. REDUCE ACNE, WRINKLES, AND AGE SPOTS

A natural antiseptic (i.e., prevents the growth of disease-causing microorganisms), sea salt helps to reduce acne, wrinkles, and age spots. What a powerful ingredient! Try it at home by adding one tablespoon of sea salt in a 16-ounce bottle of warm water. Spray the solution to a cloth then apply it on your skin. Buy the Origins organic sea salt (500g) for only S$2.80 at Natural.sg.

5. HELP MAKE SKIN LESS OILY

Lemon and sugar are the perfect duo to help make your skin less oily. Like sea salt, lemon is a natural antiseptic that is good for removing bacteria and dirt from the pores. While sugar acts as an active ingredient to open up the pores so that the lemon’s juice can seep in. Simply use half of the lemon and sprinkle sugar on top. Apply this on your face to help get rid of blackheads and acne – leaving you to look more radiant than ever before!

Image Credits: Heather via Flickr

Sources: AllYou and Lifehack

3 Investments You Should Immediately Consider

Investment is an asset purchased with a purpose to generate more income in the future or to sell it for a higher price. There are a myriad of investment selections available in the market today but here are a few 3 simple investments you can start with…

1. MUTUAL FUNDS

Being a newbie in the investment scene is not a problem anymore. With Mutual Funds, you can entrust a professional investment manager to produce capital gains for you and your co-investors. Mutual funds are investments that gather the investors’ money into a pool to make multiple types of investments, known as the portfolio. Shareholders participate proportionally in the gains and losses. Lastly, it gives the budding investors the access to professionally manage, diversified portfolios of equities, bonds and so on. This can be difficult and nearly impossible to create with a small amount of money.

2. CENTRAL PROVIDENT FUND INVESTMENT SCHEME

The Central Provident Fund (CPF) Investment Scheme is a way to invest your CPF savings to various banks such as OCBC, DBS, or UOB. This will enhance your retirement or housing money. Simply, the money you will generate from your investments will eventually go to your CPF account and not your pockets. To be eligible, you need to be above 18 years old and have over S$20,000 in your Ordinary Account (i.e., used for housing, education, investment, and insurance) and over S$40,000 in your Special Account (i.e., used for retirement). Compare the investment options and their charges. Instead of complaining about the CPF, why don’t you start investing?

3. REAL ESTATE INVESTMENT TRUSTS

Real Estate Investment Trusts (REITs) allows you to invest your money to a range of properties. REIT investors pool their money to buy buildings then, they divide the rental returns. This is a cheaper alternative to buying a property. Furthermore, REITs receive special tax considerations and mostly offer investors high yields and liquid method (i.e., converting your assets into cash) of investing in real estate. Although there are benefits, it is important to hire a trusted REIT Manager. One REIT in Singapore is CapitaMall Trust including properties such as Plaza Singapura, Junction 8, and JCube.

Image Credits: www.rentalrealities.com via Flickr

Sources: Central Provident Fund Board, MoneySense, and Investopedia

This article does not form part of any offer or recommendation, or have any regard to the investment objectives, financial situation or needs of any specific person. Before committing to an investment, please seek advice from a financial or other professional adviser.

5 Free Apps For Fuss-Free Traveling

1. SEATGURU

Available on Android and iOS

If you are traveling with the little ones, you can minimize the stress of flying by picking the best seat in the plane through the SeatGuru by TripAdvisor App. This free app allows you to get information on airplane seating advice, aircraft amenities, and airline recommendations. Through the user reviews and photos, you can be equipped with the knowledge of seats that have extra legroom and of the seats where you are likely to be woken up by the staff. What’s more? You can real-time updates on flight status.

Image Credits: SeatGuru via iTunes

2. HOTELQUICKLY

Available on Android and iOS

Ever had spontaneous a trip with your friends that lasted longer than expected? Worry not about your emergency accommodation! HotelQuickly, as the name suggests, allows you to book last-minute discounted hotels within seconds. They bring you exclusive deals on Asia-Pacific’s top-rated hotels located in New Zealand, Cambodia, Hong Kong, Myanmar, Indonesia, Macau, Malaysia, Philippines, Vietnam, Singapore, South Korea, Taiwan, Thailand, Laos, and Australia. Keep an eye with their featured accommodation to enjoy discounts up to 70%.

3. XE CURRENCY

Available on Android and iOS

Acclaimed by CNN, LA Times, BBC, and The Travel Channel, XE Currency App serves as one of the best travel companion. It is amazing that this free App allows you to convert every world currency wherever you are even without Internet access. You can even add the currency updates on your notifications center. Craving for more information? Check out their live currency rates and over 30,000 charts.

4. MUSEMENT

Available on Android and iOS

Available in English and Italian language, Musement App allows you to globally explore and book thousands of attractions, tours, museums, and so on. Let’s say you are going to Venice, all you have to do is to select your destination, refine your activities and date search, and instantly buy tickets through their secure payment system. You get the voucher flashed on your screen and the confirmation e-mail afterwards. Still not sold? This portable itinerary manager not only offers exclusive promotions and but also suggests activities on sale.

5. PACK THE BAG

Available on iOS

One of the main issues experienced by travelers is forgetting something important. That will never happen again with Pack The Bag App. This App will help you get ready for the holidays whether it is a day-trip to the beach or a month on Europe. Organize your list with about 650 baggage items in 26 categories. This way, you are given travel ideas for essentials you did not even know you needed.

Image Credits: Pack The Bag via iTunes

Things To Do If You Feel Underpaid And Overworked

In 2014, a research showed that 61% of Singaporean employees felt that were underpaid and overworked compared to the existing market rates. To put that in perspective, that is about 6 out of 10 employees. As the increase of talents from all around the world rise, satisfaction of pay and loyalty to the company will be tested. Now, if you feel that you are underpaid and overworked then, here are the 3 things you shall consider doing…

1. ENHANCE YOUR WRITING SKILLS

Your potential can be assessed by how well you construct proposals, e-mails, and reports. Poor writing skills can cost more money or inadvertently offend others especially the valued clients. Proper grammar along with being direct is very important when responding to your superiors and to your clients. Brush up on your English skills by watching free tutorial videos on YouTube.

2. SPEAK UP MORE

Did you know that Narcissists (i.e., overly self-involved individuals) give out a better impression of themselves in the workplace because of their outspoken nature? They like to brag about their tasks and achievements hence, they are perceived by the bosses to be smarter and to have more initiative. But we all know that geniuses that are extremely quiet exist and are often overlooked (e.g., snob in promotions or pay raise).

To assert yourself more, try to join Public Speaking Workshops. In fact, there is an on going deal for a 3 Hour Public Speaking Workshop at GROUPON for only S$15. Grab it now, as it is valid until June 2015 only.

3. ASK FOR A RAISE

Living in Singapore with a deeply rooted Asian culture, it is usual for us to be silent and underrate our worth. Hence, it is not surprising how many people hardly negotiate pay at interview. During employment, they fail to negotiate a pay raise too. But, if you do not ask then you would not get it. You are more valuable than you think; otherwise, they would have fired you a long time ago. Realize that your bargaining strength is all in your head. You can do it! 🙂

For detailed ways to negotiate salary increase efficiently, read my other article here.

5 Things You Should Consider Before Opening A Savings Account

According to Investopedia, Savings Account is an account managed by the bank which provides principal security and a moderate interest rate. Personally, I value this financial tool because it serves as an accessible shield to cover the immediate expenses. Before you open your own savings account, here are the 5 helpful and feasible things you should consider…

1. HOW MUCH TO SAVE

Having enough money in reservation, especially in an expensive country such as Singapore, is very important not just for you but for your family too. A savings account with an emergency fund can pay for the unforeseen expenses instead of using credit cards or applying for loans. You need to ask yourself this: “How much do you need to save?” Consider your needs and that of your family.

2. CHOOSE YOUR BANK WISELY

The first thing you should look out for aside from your eligibility to open the savings account, is the initial fee and the maintaining balance requirements. For example, UOB’s passbook savings account has an initial fee of as low as S$500 (for Singaporean/PR) and a maintaining balance of S$500. While, OCBC’s passbook savings account has an initial fee of S$1,000 (for Singaporean/PR/Foreigner) and a maintaining balance of S$1,000.

3. ATM AND BRANCHES AVAILABILITY

It is important that you can withdraw the cash from your savings account at your convenience once the need arises. Be sure to examine the bank’s ATM locations. Are there ATMs near your home, workplace, or frequented shopping malls? Also, if you are traveling a lot then, a bank with branches around the world is a better option.

4. SCOPE OF FACILITIES

In today’s world, most banks allow Internet banking and even Mobile App banking to check your savings account balance and to make various transactions. Consider this. Also, know whether your savings account comes with a passbook, a debit card (e.g., with VISA, NETS, or MasterCard), or an ATM card. This will help your options to narrow even more.

5. ESTABLISHING THE SAVINGS

To establish your savings, it is better to have a fixed amount to put inside every month. First, you must set a long-term goal about the money you can accumulate. Second, you must set a time frame that allows you to complete your goal.

Image Credits: Ken Teegardin via Flickr

Do not forget that different banks have varied interests rates that may affect your savings.

This article does not form part of any offer or recommendation, or have any regard to the investment objectives, financial situation or needs of any specific person. Before committing to an investment, please seek advice from a financial or other professional adviser.

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