Monday, September 28, 2015

Google Adsense, My First Payment to DBS account

I did not cash out my google adsense account all that long mainly due to I find that credit to western union is so troublesome where I will need to travel down to out of the Western Union Outlet to collect the money.
Last friday, I was surprise to see that now google adsense have the facility to credit to Singapore bank. Hence I tried that out and enable the payment by following the DBS inwards tele transfer steps from below.  (retrieve from DBS website, for updated steps, please refer back to DBS bank website)
What information will my remitting party require to pay me via Telegraphic Transfer?
Your remitting party will require the following information:
  • Beneficiary name: Your company name as registered with DBS
  • Beneficiary's account number: The number of the account in which you would like to receive the funds
  • Bank Name: DBS Bank Ltd Singapore
  • DBS SWIFT Bank Identifier Code (BIC): DBSSSGSG

Total google adsense account is USD109.79 (SGD 155.52) and today DBS foreign exchanged rate is 1.4188.  I make the request for the transferred on 26 Sep and received the $ in my DBS saving account on 28 Sep under code ITT (Inward Telegraphic Transfer). 

There is a SGD 10 of handling charged by DBS bank. (as you can see from 2nd screenshot below, account details for my DBS bank account).

Enjoy earning.. Will share more in another post on how to setup DBS account as payout account for Google Adsense.
Google Adsense payout, www.lifefoodcoffee.com

DBS google adsense payout, www.lifefoodcoffee.com

Sunday, September 20, 2015

vegetarian food bak kut teh @bendeemeer road boon keng 长春素食摊肉素骨茶

Ever since inbecome a vegetarian about a year ago, it has been quite sometime i never have one of my favorite dish bak kut teh. But yesterday i was so lucky visited one of the vegetarian stall in boon keng market near bendemeer road, chang chun vegetarian stall.
The stall is manage by one lady and the food she is selling is in reasonable price. Like mee rebus in less than $3 while for yesterday special dish bak kut teh meehon in $3.
One thing to highlight, this stall so far, i dont see them selling rice, so even for bak kut teh, i am having meehoon and surprisinglu they gel very well.
I have to apologize for the blury photo (been quite someyime i stop taking food photo). But this stall is worth to try out.. if you like spicy food like me, add some chili padi to spice up your day :)
Happy hunting for good food !

vegetarian food bak kut teh @bendeemeer road boon keng   长春素食摊肉素骨茶

Saturday, September 19, 2015

SHARP Air Purifier FU-A28E


Recently the annual haze issue hit again to Singapore due to forest burning in neighbour country.
l was down with cough and feverand took 2 days medical leave. PSI was pretty high above 110-130. So I decided to buy a simple air purifier, thinking at least for my sleeping time my body will not be burden withthe dirty airand able to rest.
So I bought this SHARP Fu-A28E. Light and looks handy by paying SGD l21. Original priCe was 159, but I was quite lucky tohave coupon on hand. Chaage coupon $8, Coupon $10 and 10,000 Q points($10) and all this make up I only need to pay $120.
Happy with my purchase and hope this help for my bedroom air quality.
Happy shopping! Hope the haze will be gone soon.

SHARP Air Purifier FU-A28E28E www.lifefoodcoffee.com

Friday, September 18, 2015

Singapore Fixed Deposit Promotion

Comparing some Fixed Deposit Rate offer by Singapore bank.
Taking 20,000 for tenure about 12 month, looks like currently UOB giving out the best promotion with 1.60%.  But be quick as most of the promotion is until 30 September 2015!


CIMB (Promotion is from 1 September - 30 September 2015.)
Placement Amount Interest Rate (% p.a.)*
24-Month 18-Month 12-Month 9-Month
S$25,000 to S$49,999
1.70
1.60
1.45
1.35
S$50,000 to S$99,999
1.85
1.75
1.70
1.60
S$100,000 and above
1.90
1.85
1.80
1.70


DBS
Period $1,000- $9,999 $10,000- $19,999 $20,000- $49,999 $50,000- $99,999 $100,000- $249,999 $250,000- $499,999 $500,000- $999,999
1 mth 0.0500 0.0500 0.0500 0.0500 0.0500 0.0500 0.0500
2 mth 0.0500 0.0500 0.0500 0.0500 0.0500 0.0500 0.0500
3 mth 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000
4 mth 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000
5 mth 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000
6 mth 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500
7 mth 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500
8 mth 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500
9 mth 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000
10 mth 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000
11 mth 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000
12 mth 0.2500 0.2500 0.2500 0.2500 0.2500 0.2500 0.2500
18 mth 0.5000 0.5000 0.5000 0.5000 0.5000 0.5000 0.5000
24 mth 0.5500 0.5500 0.5500 0.5500 0.5500 0.5500 0.5500

MAYBANK

6 Month 12 Month 18 Month 24 Month
S$25,000 to 
< S$50,000
NA
1.45%
1.50%
1.55%
S$50,000 to 
< S$300,000
NA
1.60%
1.70%
1.80%
S$300,000 
and above
1.50%
1.80%
1.85%
1.90%


OCBC (Promotion until 30 September 2015 for 12 Month)
Months 1 – 2 3 – 5 6 – 8 9- 11 12 Month Promo (>=20,000)
18
24
36
Rates (yearly)
0.05%
0.1%
0.15%
0.2%
1.50% p.a.
0.5%
0.55%
0.65%


UOB (Promotion until 30 September 2015 for 13 Month)
Months 13 Month

>=20,000 1.6% p.a Promo

Thursday, September 17, 2015

September 2015 Passive Income Report Card

As usual, the income source from Room rental collection, saving account, XOM Exxon dividend (40 units) and Other Interest.


Updated with  some time income such as FD interest, Google adsense payout, singtel stock contra trading.

sep 2015 passive income www.lifefoodcoffee.com

Wednesday, September 16, 2015

August 2015 Passive Income Report Card

August 2015
Rental = SGD 500
Interest= SGD 62.29
Total passive income = SGD 562.29

Singapore Passive Income www.lifefoodcoffee.com

Tuesday, September 15, 2015

Renounced Malaysia Citizenship

Time flies, its almost a year since I dropped Malaysia citizenship and took up a new one .
Its a hard decision.  Who wants to give up a place that they had called home for the past of 30 over years . But, life need to goeson. I need to decide and settle down. Been here for almost 10 years.
Not matter what,I amhappy With mydecision, own a place I call home.
Thanks GOD for granting my wish !
Will post more information on steps to renounced the citizenship in my next upcoming posting. stay tune !!!


Monday, September 14, 2015

Passive Incomes

Recently I was busy with my house stuff. Yes, owning a place I call home.
After ste down with 'homes' now again, I am searching how can I increase my passive $.
As usual, I will start to ask my best friend "google".
Read afew articles and I am quite surprise to find that some articles/ blog started to list out credit card cash rebate and air mile earning from credit card as passive income.
MY definition for passive income looks slight different from those articles. For me, the cash rebates and mileage is part of daily saving stuff but not passive income. You cant have early retirement with that. You have to spend in order to get that 1%-2%rebates. So i went to google again, ask to define the word "passive income". Here is what I get: " passive income is an income received on a regular basis with little effort required to maintain it ." Hmm, this sounds confusing. so I google againand found the definition from investopedia.com "Earning an individual derives froma rental property, limited parnershipor other enterprise.in whichhe or she is notmaterially involved."  This sounds more relevant which my understanding.
For me, l Can choose and there is a stable stream of Income flowing in to feed my family andmyself. By spending with my credit card and getting that tiny of cash rebates cannot support me financially but putting myself in risk of getting loan from bank.
what is passive incomes ? what consider as passive income?
Example: Renting one of the extra room out . You still have a place to stay, you house loan taking care by your CPF,  the$ you get from rental is an extra . You can use that to pay up your loan So that you can be debt free earlier, or you can buy yourself a gift or use topay utilities etc. Idealy, its always good to use that money for investment,earn yourself more $ instead of spending them. Alwaysremember the power of compound interest.
I hope that no one will treat that rebatefrom credit card as a passive income and in order to get more rebate, they spent more and ended up in bigger rolling debt.
Well, looks like I have to continue searching for others passive income.

Any current monthly passive income=500 (Rental)
still far for away from my target!!!

Happy hunting !

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