Dear readers, how time flies, we are into the second week of April.
I am not sure about you, but I personally have felt the real effects of the higher cost of living and inflation in Singapore, from the prices of things I pay to the higher quantum of utilities bill. This is inevident as the core inflation in Singapore is the highest now since 2012.
And if you think that the cost of living is the only thing that is going up, well check out the other three things that have gone up in tandem. I believe many of us, in this higher cost society would prefer a high salary to offset the high cost of living and inflation. And in recent days, some people have chanced upon a post where food delivery riders could earn up to as high as $8,500 per month; which I do not find surprising since I have heard food delivery rider earning up to $12,000 per month.
Amidst all things going up, one thing that can offer solace is the higher interest of the Singapore Savings Bond where the upcoming May 22 tranche pays as much as 2.09% per annum for a holding period of 10 years.
That’s all for now, have a Great week ahead!
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