Thursday, May 31, 2007

A Simple Guide Use Credit Card Wisely

Credit means committing future income to pay for present needs or wants.

Reasons for Using Credit:
Worst - to purchase perishables such as meals, gas, and groceries.
Better - to purchase depreciable items, such as automobiles, furniture and clothes.
Best - to purchase appreciable items, such as retirement funds or a home.

Advantages of Credit:
Immediate satisfaction of needs.
Take advantage of bargains or sales.
Making monthly payments can create good habits.
Establish a good credit rating.

Disadvantages of Credit:
Encourages impulse spending.
Tendency to buy higher priced merchandise.
Ties up future purchasing power/ability to handle emergencies.
Credit charges increase costs of purchased goods.
Easy credit" can lead to financial difficulties.

Before buying on Credit, ask yourself:
Do I need it now?
Is the interest cost reasonable?
Can I make these payments without skimping on necessities?
Is my income prospect good?
Can I buy it without committing an anticipated increase income?
Do I have an emergency fund to take care of unforeseen expenses?
Is my credit good enough so that I can borrow in case of illness or emergency?
Am I always honest with spouse, self or others about my expenses?

Friday, May 25, 2007

Wow!! Waterspout in Singapore!!

A waterspout has been sighted in Singapore at about 2:40pm on May 25 in southern and eastern parts of the island.

A waterspout is a columnar vortex that occurs over a body of water and is connected to a cumuliform cloud.

They normally develop in moisture-laden environments in coastal waters and are generally weaker than most of their land counterparts. Waterspouts also do not travel far from their point of origin.

However, stronger waterspouts may pose threats to ships, planes, and swimmers.

I felt shock when saw these photo.

It really happen in Singapore!!!

Thursday, May 24, 2007

A Sad Love Story

Long Long time ago, in a Kingdom lived a pair of siblings.

Both were blessed with some gifts. Brother had a pair of eyes who could see a distance far far away. Sister had a pair of ears who could listen to anything.

They grew up together and experienced happiness and sadness together.

They like to run to the hills to play.

Brother would look at far away countries and tell the sister the majestic view that he see. Sister would listen to the beautiful sounds and describe for the brother.

As time goes by, brother and sister started to fall in love with each other. They knew that it was wrong, but they could not control themselves.

They continued to love each other.

Alas, their parents found out about it. Father was very mad, mother was very sad. The neighbours would point fingers at them and gossip about them.

Brother and sister were adamant about their love for each other. To prove that they were truly in love with each other, Brother destroyed his eyes and Sister destroyed her ears. They felt that since they could not get the blessings, they did not want the gifts...

Long long after, a musician heard this beautiful love story and was touched by it. He decided to compose a song for the lovers.

I came across this song and it touched my heart too.

However, I did not buy his CD, so I cannot share with you the lovely song.

I remembered the lyrics though, and will share with you how touching this song is...



























Liang zhi lao hu, Liang zhi lao hu
Pao de kuai, pao de kuai
Yi zhi mei you yan jing,
yi zhi mei you er duo
Zhen qi guai, zhen qi guai....

Wednesday, May 23, 2007

Top 100 jobs in Singapore

This is a report of wages from Ministry of Manpower in Singapore.

The following are the top 100 jobs in terms of gross monthly pay. The number next to each job is the 75th-percentile gross monthly income for that job.


1. Specialised surgeon $22,821
2. Managing director $20,289
3. General manager $15,300
4. General physician $14,653
5. Company director $13,970
6. Legal officer $10,408
7. Risk management manager $10,350
8. Treasury manager $10,155
9. Financial analyst $10,033
10. Commodities futures broker $10,000
11. Financial planner $9,167
12. Business management consultant $9,039
13. Foreign exchange dealer and broker $9,000
14. Hydrographic surveyor $8,900
15. Industrial relations manager $8,870
16. Operations manager (Finance) $8,763
17. Business development manager $8,350
18. Trade broker $8,334
19. Computer operations and network manager $8,223
20. Operations manager (Commerce) $8,129
21. Legal service manager $8,080
22. Computer and information systems manager $8,075
23. Research and development manager $7,808
24. Budgeting and financial accounting manager $7,800
25. Marine superintendent engineer $7,650
26. Engineering manager $7,521
27. Training manager $7,500
28. Manufacturing plant and production manager $7,450
29. Marketing manager $7,327
30. Personnel / human resource manager $7,300
31. Logistics manager $7,150
32. Technical manager $7,064
33. Sales manager $6,918
34. Quality assurance manager $6,880
35. Instrumentation engineer $6,817
36. Statistician $6,707
37. Chemical engineer (petroleum) $6,670
38. Business analyst $6,667
39. Procurement manager $6,637
40. Advocate and solicitor $6,500
41. Advertising and public relations manager $6,495
42. Corporate planning manager $6,488
43. Shipping manager $6,440
44. Industrial health, safety and environment engineer $6,355
45. Personal banker $6,350
46. Premises maintenance manager $6,300
47. Transport operations manager $6,250
48. Chemical engineering technician (petroleum) $6,245
49. Editor (newspapers and periodicals) $6,210
50. Pharmacologist $6,085
51. Credit analyst $6,084
52. Chemical engineer (petrochemicals) $6,038
53. Advertising copywriter $6,000
54. Securities dealer and broker $6,000
55. Database administrator $5,996
56. Sports coach $5,965
57. Administration manager $5,890
58. Editor (radio, television and video) $5,843
59. Geophysicist $5,831
60. Customer service manager $5,750
61. Power generation and distribution engineer $5,695
62. Market research analyst $5,521
63. Marine superintendent (deck) $5,450
64. Chemical engineer $5,432
65. Building architect $5,425
66. Operations manager (Community) $5,406
67. Petroleum and natural gas engineer $5,379
68. Instrumentation technician $5,351
69. Aeronautical engineer $5,334
70. Building and construction project manager $5,300
71. Semi-conductor engineer $5,293
72. Structural engineer $5,270
73. Cad cam engineer $5,202
74. Financial futures dealer and broker $5,145
75. Naval architect $5,143
76. Creative director (Advertising) $5,000
77. Director (stage, film, television and radio) $5,000
78. Lawyer (except advocate and solicitor) $5,000
79. Systems designer and analyst $4,997
80. Ship-master $4,945
81. Property / estate manager $4,936
82. Production engineer $4,931
83. Biomedical engineer $4,928
84. Telecommunications service supervisor $4,911
85. Electrical engineer $4,873
86. Mechanical engineer $4,820
87. Industrial nurse $4,802
88. Sewerage and sanitary engineer $4,790
89. Warehousing manager $4,789
90. Medical x-ray technician $4,732
91. Air transport service supervisor $4,713
92. Network systems and data communication analyst $4,685
93. Information technology security specialist $4,679
94. Chemist $4,65895. Environment health inspector $4,605
96. Civil engineer $4,578
97. Manufacturing engineer $4,568
98. Electronics engineer $4,534
99. Materials engineer $4,524
100. Accountant $4,500

Note that “monthly gross salary/wage” refers to:

The sum of the basic wage, overtime payments, commissions, allowances, service points and other regular cash payments. However, it excludes employer’s CPF contributions, bonuses, stock options, other lump sum payments and payments-in-kind.


Where are you belong to? :D