🏡 Building your own sanctuary is a dream. Now let's talk about the realities: everything it costs to get there.
Conversation in My Home and I
Should we take out a renovation loan?
My husband and I are looking forward to getting the keys to our BTO by the end of this year. We're excited to renovate and design our space but have different ideas on how to get this done.
I want to have the entire flat renovated and fixed in one go which would mean taking up a renovation loan. He on the other hand would prefer to spread out the expenses and renovate room by room.
Needing some outside advice here... What would you do?0 0
Rent or buy my first home?
Are you single 🙋♀️ and ready to fly the coop? Or looking to settle down with your life partner and begin a new chapter 💍?
Here's a quick view of differences between the two to aid your decision-making.
Here's the links to the resources we shared above:
Should you get a HDB, EC or go private?
5 tips for first-time home buyers
Single's guide to buying a HDB flat
5 things to lookout for in the Tenancy Agreement0 0
Would you spend S$1 Million or more on a resale HDB?
There are more of these million dollar transactions happening. Are they for investment? Out of need? What factors would you look at if you are buying a resale priced at a million or more?0 0
Are you living with your folks and looking to move out ASAP?
Get a headstart on independence as a 20-something with 7 tips in mind (also applicable to anyone looking to move out!)
TLDR: Moving away from home and fending for yourself at an earlier stage of life is not going easy.
Have at least 3 to 6 months’ worth of emergency savings
Adhere to the Debt Servicing Ratio of less than 35% of your income
Use a financial tracker like NAV Planner to budget everything
Cook your own meals ✅ Eating out regularly ❎
Leverage on credit cards with cashback for groceries, utilities or bills
Find a sustainable side hustle for an added income stream
Split expenses with a roommate where possible
Prepare your mind and wallet for one of the big pillars of Adulthood. Read on to learn what millennials have to say about financing your first move.1 1
Resale or BTO/SBF?
Given the rising prices of resale flats, but increasing wait times for BTO, which is a better option? Can resale be as affordable as BTO/SBF?0 2
Renovation loan tips
Any tips on getting a renovation loan? What are the pros and cons of getting one?0 3
How much do you spend on your renovation?
How much are you willing to spend and how much do you spend?0 4
Which of the MAY 2021 BTOs is the most in demand?
For those who are planning to bid for the May 2021 BTO, which are you most keen on?
The locations are:Tengah Woodlands Bukit Merah Geylang0 2