How To Avoid These Common Mishaps

The Circuit Breaker period is almost over! With merely two weeks left, many Singaporeans are prepared to get back to their previous routines. Going back to the “outside world” can bring some irrational and unpleasant fears for us urban-dwellers.

What will happen if you forgot your mask at home? What if you stumbled through an open manhole? Who do you ask for help if you tripped along the stairs? This list compiled some of the most common intrusive thoughts, which run in the minds of many people. You are not alone.

#1: FALLING ONTO THE TRAIN GAPS

Going back to our “normal” travel route entails that you will encounter rush hour lines at the MRT and bus station. People jostling you when you are trying to stand behind the safety line on the platform is a commuter’s worst nightmare! Not to mention, you may fall onto the gaps. We all need personal space, especially these days. Ride during off-peak hours to avoid situations like these.

#2: BEING CRUSHED BY THE LIFT DOORS

With the rise of sensory-operated lift doors, people have embraced faster lifts. However, being caught between the lift doors can be painful and embarrassing. Prevent this from happening by being kind to your co-passengers. Always hold the lift door for someone. You will never know when you will need that favor back!

#3: HAVING YOUR GADGET EXPLODE

Few years ago, there was a particular smartphone model that explodes on its own. It was banned in several airlines worldwide. It is one of the top tech scare – having your phone explode while you are using it. Avoid this from happening by putting your gadget in your hand-carry bag. This includes your power banks, laptops, and smartphones. Keep your gadgets from overheating or overcharging.

#4: GETTING SICK FROM STREET FOOD

Singaporean street food has a diverse collection of cuisines. From Roti Prata to Kaya Toast and Ice Cream Sandwich, your tummy will be delighted with many choices. Still, some people worry about buying street food. For people with weak stomachs, check the establishment’s food safety or hygiene rating. An “A” grade means the establishment met 85 percent of the requirements. Be guided accordingly.

#5: SLIDING OFF THE MOTORCYCLE

One of the quickest ways to travel Singapore from one end to another is by riding the motorcycle. Riding the motorcycle in the front or the back seat can save you time and money. Although, there is a slight chance that you can fall off the vehicle. This is why you must obey the road safety rules and wear proper safety gears at all times.

Image Credits: pixabay.com

We all encounter situations where we’re confronted by our own mortality. And this unpleasant situations can happen at any moment. Do yourself a favor by getting insured. Ease your worries of the future by ensuring your life and your health. You may also build an emergency fund to cushion unforeseen events.

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What On Earth Is A Fiduciary?

DEFINE

Recently, my significant other opened the idea of discussing about whether it is worth getting a fiduciary and a financial adviser. I focused on the former. A fiduciary’s duties and responsibilities goes beyond directing the individual (i.e., beneficiary) to his or her financial goals. The fiduciary acts for or on behalf of the beneficiary in certain circumstances. This is a bond established by utmost confidence and trust.

A fiduciary is either a person or an organization who has the highest legal duty of being ethically bound to act in the beneficiary’s best interest. Fiduciary relationships include:

* Trustees (of a beneficiary);
* Directors (of a company);
* Agents (of a principal);
* Lawyers (to the client); and
* Partners (to each other).

Aside from this, the Courts may find a fiduciary relationship exists when the beneficiary is dependent on the fiduciary, when the fiduciary has the discretion to act unilaterally for the beneficiary, and when such power affects the beneficiary’s legal or practical interests.

Do you qualify for any of these? Are you a fiduciary? If so, here are your duties.

DUTIES

#1: First and foremost, the fiduciary needs to avoid conflict of interest and duty. For example, a company director must not put himself or herself in a position where personal interest will conflict with that of the company’s. Do everything in good faith.

#2: Secondly, you must avoid unauthorized profits. For example, your position as a company director may be in breach of your duty if you acquire a business opportunity (i.e., belonging to the company) for yourself.

#3: Lastly, the fiduciary must manage the assets of an individual for the benefits of the beneficiary himself or herself. You cannot benefit personally from the management of the beneficiary’s assets.

LAW

According to research, Singapore is part of the common law legal tradition. Thus, the decisions of precedent cases in the superior courts are binding on the lower courts. Moreover, the decisions in other Commonwealth jurisdictions (e.g., in UK, Australia, or Malaysia) can be persuasive in the Singapore courts.

Image Credits: pixabay.com

“When a fiduciary relationship is established in one of these cases, future cases are bound to follow what has been established before. Statutes that are passed by Parliament may also impose certain statutory duties akin to fiduciary duties between parties.”

Consult legal agents to know more.

Sources: 1 & 2

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Last-Minute Christmas Shopping Guide In Singapore

The temptation to turn on the Jingle Bell Rock or the Polar Express movie is approaching its peak level! Despite it being the 24th of December, I am sure that some of you have yet to purchase a set of Yuletide gifts. Your time is running out and your meeting your family soon. What must you do to get all your presents sorted out for the party?

Firstly, throw the online shopping option out of the window. The shipping period will never come in time no matter how much you click the “express” option.

Alas! There is still work to be done. Consider these shopping spots while you begin your search.

#1: THE POPULAR ONE

What is the first thing that comes to your mind when you think of shopping? Well, Orchard Road of course. Its world-class array of malls has gained popularity among tourists and locals alike. Hit up the retail havens such as ION Orchard and Paragon to explore international brands (of different price scales) such as Editor’s Market, Mango, Gucci, and Louis Vuitton. Nonetheless, almost everything can be found in TANGS.

Score great deals in footwear, cosmetics, clothing, and other items as you stroll around Orchard Road.

#2: THE HIP ONE

If you want to take Instagrammable photos while you continue your last-minute shopping, head down to Haji Lane or Bugis Street. These places attract shoppers and tourists on a daily basis. These two venues may be in close proximity with each other but, they offer contrasting shopping experiences. Haji Lane has an array of vintage or artisanal items that highlight one’s craftsmanship. While, Bugis Street is well-loved for its extremely low prices and Korean-centric stores. Both venues offer trendy and timeless pieces that will delight your fashionista friend or family member.

Get the best prices by strolling around Haji Lane or Bugis Street before committing to a final purchase.

#3: THE ALL-NIGHTER

From traditional Indian clothing to brightly-colored accessories, you can make your way to Little India to shop in a lively cultural part of Singapore. Visit Mustafa Centre for Christmastime gifts varying from children’s toys to sporting goods. What’s more? This massive store is open for 24 hours. Thus, you may literally shop until you drop.

Do indulge in a cultural immersion while you shop around.

#4: THE BIG ONE

What better way to spend your last-minute shopping ordeal than by visiting the city’s largest shopping mall – the VivoCity. VivoCity houses the cheap Japanese outlet Daiso where you can spend as little as S$2 for a stocking stuffer. Furthermore, there are other glistening brands such as Sephora and Pandora. Who can say no to a set of jewels and makeup?

If you have your little ones with you, you may let them have fun at the open-air playground on the second level or splash around in the water-based Sky Park on the third level while you shop around.

Image Credits: pixabay.com

With a countless array of shopping malls and indie outlets, Singapore offers the perfect spot for your last-minute Yuletide shopping. Good luck!

Source: Visit Singapore

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6 Credit Card Do’s & Don’ts

DO NOT SPEND WITHOUT CONTROL

Let me start by saying that you must not spend more than what you can afford. Remember that credit is a loan, which is meant to be repaid. It is your responsibility to stay on top of your debts and to keep your commitment with the lenders. Maintain your control by avoiding the credit limit of your cards.

DO CHECK YOUR CREDIT HISTORY

Reality check! Credit cards with premier rewards and terms fall down to candidates with the best credit. This is why it is important to see your financial circumstance in the eyes of an issuer. Consider getting a credit report, before availing a credit card. Keep your eyes peeled to some errors!

Image Credits: pixabay.com

DO NOT PICK AN UNSPECIFIC CARD

Much like a box of chocolates, credit cards exist to embody different functions. Some are used for travel miles and others are used for shopping rebates. You must figure out which credit card suits you best! Compare credit card options from different issuers, before making a grand decision.

DO KEEP UP WITH YOUR STATEMENTS

To reap the benefits of your credit cards, you must fully pay for your statement each month. Not paying the full amount entails acquiring interest. The interest that you will be paying for will just cancel out any benefits that you are meant to receive. Moreover, paying off your statement each months ensures that you stay out of debt too.

DO NOT GIVE YOUR CREDIT CARD INFORMATION AWAY

As much as you trust a partner or a friend, you must not give your credit card information to someone else. It may entice this person to use it against the law. Say that you lent your credit card to a co-worker. While some cashiers do not check NRIC these days, you will never know when someone will ask for it. You would not want to be entangled with a “fraudulent” scene.

Image Credits: pixabay.com

DO MEMORIZE THE ISSUER’S HOTLINE

A credit card offers an additional layer of protection than a debit card. Debit cards only offer the pin numbers as protection. You see, credit card companies often have a department that follows up on reports of fraudulent charges. Things will be taken cared of, if you quickly report a stolen credit card. Thus, you must know the no-cost hotline of your credit card issuer.

Sources: 1 & 2

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Mind-Blowing Facts About Valentine’s Day

It may only come once a year, but Valentine’s Day is one of the most celebrated holidays around the world! How did it become so popular? From its dark origins to its romantic twists, here are seven interesting facts about Valentine’s Day.

#1: FROM YOUR VALENTINE

Amidst the wide array of historical theories as to why Valentine’s Day came about, many people have accepted one theory. There was a time when men were not allowed to marry. Emperor Claudius II forbade couples to marry during wartime. However, Bishop Valentine’s passionate heart was against his wishes. He performed numerous secret weddings. As you may have guessed, he was jailed and executed.

The last letter he wrote was for the jailer’s daughter and he signed it with the words: “from your Valentine”. The rest is history!

#2: BOX OF CHOCOLATES

One of my favorite movie characters was quoted saying: “life is like a box of chocolates, you will never know what you are going to get.” In the uncertainty of life, you can count of chocolates being greatly sold during Valentine’s Day. When did this tradition started?

The giving of boxes of chocolates started in the 19th century by Richard Cadbury. The name sounds familiar, right? Coming from a British family who manufactured chocolates, Richard used a new technique to create a variety of products. He sold chocolates as a part of this beloved holiday.

In Singapore, different types of chocoholics can delight on this list of the best chocolates in town!

#3: MAKING BIG BUCKS

Valentine’s Day is considered as a marketing event in almost all parts of the world. In America alone, people spend an estimate of US$18.2 billion a year on this holiday.

What’s more? Men seem to spend more money than women. Should we step up our game, ladies? Kidding aside, you may use this opportunity to offer deals that cater to couples.

#4: ICONIC SWEETHEART CANDIES

Sweetheart candies or heart-shaped candies with adorable texts have been a staple in the aisles of many grocery stores every February 14th. The iconic chalky dessert started out as lozenges.

Image Credits: pixabay.com

Pharmacist and inventor Oliver Chase created a machine that would quickly create lozenges. He later switched his product to candies known as the Necco Wafers. In 1866, his brother came up with the idea of printing messages on the candies. Afterwards, he made it heart-shaped to appeal to the couples during Valentine’s Day. Once again, the rest is history!

#5: CUPID’S BOW AND ARROW

For centuries, the diaper-clad baby with adorable wings and a set of bow and arrow has been associated with Valentine’s Day. Before Cupid got its name, he was known as Eros. Eros is derived from the ancient Greeks’ mythology – the God of Love.

His arrows are interesting! Said arrows have meanings – one was made for love and one was made for hate. These were designed to manipulate the emotions of his targets. The Romans soon adopted the story and Eros or Cupid gained the childlike appearance he is known for today.

#6: RISE OF CONTRACEPTIVES

Love can be expressed in many ways. It comes as no surprise that many choose to express it through intimacy. In February, condom sales seem to rise up. Around Valentine’s Day, sales are almost 20% to 30% higher in America alone. What comes next is the apparent rise of self-administered pregnancy tests. These tests are sold more in March than any other month.

#7: ANTI-VALENTINE’S DAY EVENTS

Who says that February 14th should only be celebrated by couples? Singletons do not have to stay at home to have during this time. You can surf the net to hang out at the best places in Singapore. Make sure you bring your favorite guy or gal pals along as you attend the following Anti-Valentine’s Day events.

A. VALENTINE VENDETTA 2019

Do not feel sad about being alone on Valentine’s Day as you can surround yourself with a group of energetic people at Valentine Vendetta. Running for 8 years now, Valentine Vendetta aims to provide an array of exciting activities and fun games to encourage social interaction. What’s more? Lucky guests can win up to S$2,500 or a trip to The Farm at San Benito in Manila. Tickets are sold at S$25 and are inclusive of a drink.

WHEN: FEBRUARY 14th at 6:30 PM onward

B. ANTI-VALENTINE’S VALENTINE’S DAY @ HUSTLE CO

Skip the sight of mushy couples exchanging gifts by heading to Hustle Co. A bar nestled at Tanjong Pagar can give you the haven you need in a time like this. Single ladies and men can enjoy S$6.90 craft beers and affordable dinner items. Anti-Valentine’s Valentine’s Day sounds like great event for all the singles out there!

WHEN: FEBRUARY 14th at 9:00 AM onward

Image Credits: pixabay.com

As you can see, Valentine’s Day was not always celebrated with a box of chocolates and heart-shaped candies! Things go deeper than that.

Sources: 1 & 2

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