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    University courses

    Scheduled Pinned Locked Moved Tertiary Education - A-Levels, Diplomas, Degrees
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    • mum2bM Offline
      mum2b
      last edited by

      zac's mum\" post_id=\"2134863\" time=\"1717808232\" user_id=\"53606:[quote=\"zac's mum\" post_id=2134863 time=1717808232 user_id=53606]
      Thanks for sharing. I’ll go read in detail.

      Free pdf version is available via the NLB app (i prefer on HP cos handy; DH with laohua prefers on ipad), log into your NLB account, u can view it under “SPH newspapers”.[/quote]
      Thanks for sharing the article. For NLB user can also use browser via the link below & login using NLB account. Can read today’s newspaper & up to the past 14 days edition.
      https://eresources.nlb.gov.sg/main/sphnewspapers

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      • bbbayB Offline
        bbbay
        last edited by

        00skyblue00\" post_id=\"2134879\" time=\"1717816831\" user_id=\"143605:

        I couldn't agree for those who turn private hiring to own a car though. Not before they exhaust other career options esp fresh grads or young adults.
        I don’t mean to help afford a car, becoming a private hiring full time. I mean if some how already own a car and want to reduce ownership expenses, using the car for part time/week end private hiring works.

        And this is my example of how financial literacy can be applied to model our everyday life for bigger impacts. And that I suppose is how bosses think too

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        • 00skyblue000 Offline
          00skyblue00
          last edited by

          bbbay\" post_id=\"2134886\" time=\"1717822130\" user_id=\"175278:

          I don’t mean to help afford a car, becoming a private hiring full time. I mean if some how already own a car and want to reduce ownership expenses, using the car for part time/week end private hiring works.

          And this is my example of how financial literacy can be applied to model our everyday life for bigger impacts. And that I suppose is how bosses think too
          Likely private hiring sign up requires fulfilment of min trips or something. Basically time sold into it, if so. Better to use the time to upgrade, or apply in other ways. Not advisable for youngsters to pigeon hole into private hiring transport so young.

          In the past, only 35yo or older are eligible to drive taxi. Set by policy makers with holistic view. Now? Don't know. All haywire.

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          • zac's mumZ Offline
            zac's mum
            last edited by

            00skyblue00\" post_id=\"2134887\" time=\"1717825123\" user_id=\"143605:

            Likely private hiring sign up requires fulfilment of min trips or something. Basically time sold into it, if so. Better to use the time to upgrade, or apply in other ways. Not advisable for youngsters to pigeon hole into private hiring transport so young.

            In the past, only 35yo or older are eligible to drive taxi. Set by policy makers with holistic view. Now? Don't know. All haywire.
            The requirements for taxi drivers and PHV drivers are identical now (after complaints), min 30 years old and Singapore citizens:

            https://onemotoring.lta.gov.sg/content/onemotoring/home/driving/vocational_licence/vocational_licence_application.html

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            • 00skyblue000 Offline
              00skyblue00
              last edited by

              zac's mum\" post_id=\"2134888\" time=\"1717826663\" user_id=\"53606:[quote=\"zac's mum\" post_id=2134888 time=1717826663 user_id=53606]
              The requirements for taxi drivers and PHV drivers are identical now (after complaints), min 30 years old and Singapore citizens:

              https://onemotoring.lta.gov.sg/content/onemotoring/home/driving/vocational_licence/vocational_licence_application.html[/quote]
              So the requirement is less stringent now. At least this is still restricted.

              I know of a case in the past, hr caught a young chap driving as grab during office hours. Happened that hr staff was the hiring passenger. Financial literacy savvy definitely. But not desirable. I heard then, hr drew out requirements on such matters.

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              • lee_ylL Offline
                lee_yl
                last edited by

                Although we all know how to calculate simple/compound interest, when it comes to car loan, I find that men have warped logic (of cos men will say mine is girl’s math!)


                When I buy a car, I will pay in full because I don’t want to pay interest on the car loan. But DH’s good friend will change car every 3-5yr, the moment he finishes paying his car loan, it’s time to change a new car (and take on a new car loan)! Isn’t it forever in debt?

                Recently my bro changed car because his logic is that after 5th year, continental car with no warranty is not worth to drag on. I am amazed that he doesn’t take into consideration the fact that COE went up by a lot in the past 5 yrs!?!

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                • zac's mumZ Offline
                  zac's mum
                  last edited by

                  lee_yl\" post_id=\"2134891\" time=\"1717829996\" user_id=\"17023:

                  Although we all know how to calculate simple/compound interest, when it comes to car loan, I find that men have warped logic (of cos men will say mine is girl’s math!)

                  When I buy a car, I will pay in full because I don’t want to pay interest on the car loan. But DH’s good friend will change car every 3-5yr, the moment he finishes paying his car loan, it’s time to change a new car (and take on a new car loan)! Isn’t it forever in debt?

                  Recently my bro changed car because his logic is that after 5th year, continental car with no warranty is not worth to drag on. I am amazed that he doesn’t take into consideration the fact that COE went up by a lot in the past 5 yrs!?!
                  Maybe the equivalent idea is renting a second hand branded bag to show off every few months…

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                  • P Offline
                    pirate
                    last edited by

                    lee_yl\" post_id=\"2134891\" time=\"1717829996\" user_id=\"17023:

                    Although we all know how to calculate simple/compound interest, when it comes to car loan, I find that men have warped logic (of cos men will say mine is girl’s math!)

                    When I buy a car, I will pay in full because I don’t want to pay interest on the car loan. But DH’s good friend will change car every 3-5yr, the moment he finishes paying his car loan, it’s time to change a new car (and take on a new car loan)! Isn’t it forever in debt?

                    Recently my bro changed car because his logic is that after 5th year, continental car with no warranty is not worth to drag on. I am amazed that he doesn’t take into consideration the fact that COE went up by a lot in the past 5 yrs!?!
                    It's called boy's maths.

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                    • lee_ylL Offline
                      lee_yl
                      last edited by

                      For me, I will fully utilize the car’s 10yr lifespan.


                      Car dealer could have told this friend that since his monthly loan repayment quantum remains the similar, why not go for a new car and a new model! Conveniently leaving out the fact that if he doesn’t change car, he would be debt free for the next few yrs. Car dealer’s marketing techniques works!

                      As for my brother, the new car’s COE went up by like $70k (compared to the old one). I think repair and change car parts also no need so exp bah. Car dealer may have told him COE is pro-rated, the balance will go back to him once he decides to sell his car.

                      Don’t understand, lol, must be boys’ maths!

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                      • lee_ylL Offline
                        lee_yl
                        last edited by

                        mum2b\" post_id=\"2134882\" time=\"1717817400\" user_id=\"3552:

                        Hi Leeyl,
                        Mine is jc2 too! This yr mug for A lvl then it’s decision time next yr. Wow your dd is very driven & connected with seniors, she’ll do well in the future.
                        Hi hi, nice to meet you. We can share more after our kids’ A levels this yr end.

                        Thank you for your compliment. But once our kids step into the workforce, 70% is hard work, 30% is luck already. There are so many people out there 怀才不遇, very hard working and smart just no luck in their career, so kana stuck. Thus I dare not think too far as to whether my DD1 can make it or not.

                        My DD1 told me in the event she can’t cope with the high stress environment in the financial sector, she will take a step back and do analysis job (read data/trend). I was kind of happy when I heard that because as long as my kids have a back-up plan in mind, they won’t suffer too badly cos they know it’s not the end of the world…

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