Club FTWM

[poppy15]

so start saving from now...


DS & DD each already gt a piggy bank (but no savings acct) & my sils are teaching them to earn $$ & their manners at the same time.... teach them disciplinary ship as well...

we do rewarding when they behave well, or are polite... by giving them 20cents for each positive behavior.... but no rewards if they behave badly, fight, quarrel, etc...

their cny & bday ang pao $$ goes in there too. once mummy here is done with DS's CDC acct... will go ahead to open a joint saving acct for each of them...

[micollh]

yeap. i paid for my tertiary too but my aunt paid for me i paid her back, so no interest. my DH is parents paid for him, he no need pay back, his parents said no need. so DH and i TRY to pay for our kids tertiary if all works out within our plan. else they have to take loan

[tigger88]

poppy15:

so start saving from now...


DS & DD each already gt a piggy bank (but no savings acct) & my sils are teaching them to earn $$ & their manners at the same time.... teach them disciplinary ship as well...

we do rewarding when they behave well, or are polite... by giving them 20cents for each positive behavior.... but no rewards if they behave badly, fight, quarrel, etc...

their cny & bday ang pao $$ goes in there too. once mummy here is done with DS's CDC acct... will go ahead to open a joint saving acct for each of them...

I also reward them when they did something good like helping to pack the hse etc. But they end up losing the coins that I gave them as we do not have piggybanks at home. Now I stop giving them coins. I will just save some $ to their acct on a monthly basis.

[micollh]

me to, give them allowance direct to their bank account monthly. DH also give. sort of helping them to save.

[Tokidoki]

micollh:

now we talk abt house.. heee.. mine is EA, 133sqm.. quite big but i plan to get condo before i hit 40.. hee.. dream first la.. DH and i just finish paying the house loan, we need to save up first for the condo.. then rent out our EA then we can retire and live happily ever after.. dreamm.. still.. dreammmm

:hi5: i share the same dream too.

so it's btr to clear the HDB loan? not sure if keep the CPF$ can get more interest.

[micollh]

Tokidoki:

:hi5: i share the same dream too.

so it's btr to clear the HDB loan? not sure if keep the CPF$ can get more interest.

if u dun clear, u go and calculate how much interest u r paying.. the amount can let u buy how many LV bags liao.. tt's why DH and i dump in lots of our bonuses into the house to clear and also clear the CPF account. lucky thing clear all. then now start to save cpf money lor..i think for more interest rate for cpf 1% more is it ? only after ur savings in OA is more than 30k or something.. i forget liao.

[Tokidoki]

i also work and study part-time for my degree, out of own pocket. waited 1 yr for my hb to graduate b4 we start.


i hope my DS can go into local uni, then we can use CPF to pay for his fees. then i can keep his insurance for his wedding. :rotflmao:

[tigger88]

Tokidoki:

i also work and study part-time for my degree, out of own pocket. waited 1 yr for my hb to graduate b4 we start.


i hope my DS can go into local uni, then we can use CPF to pay for his fees. then i can keep his insurance for his wedding. :rotflmao:

Tokidoki, you still plan to pay for your DS wedding ah? Wow!

[micollh]

Tokidoki:

i also work and study part-time for my degree, out of own pocket. waited 1 yr for my hb to graduate b4 we start.


i hope my DS can go into local uni, then we can use CPF to pay for his fees. then i can keep his insurance for his wedding. :rotflmao:

yeah.. at least we see him thru the the main things in his life and help him thru ya !


but if we use cpf to pay for his school fees, he has to pay us back with interest, my col told me this, tt's why he did not want to use CPF cos it become compulsary as CPF board will chase him to pay..

[Tokidoki]

micollh:

Tokidoki:

:hi5: i share the same dream too.

so it's btr to clear the HDB loan? not sure if keep the CPF$ can get more interest.

if u dun clear, u go and calculate how much interest u r paying.. the amount can let u buy how many LV bags liao.. tt's why DH and i dump in lots of our bonuses into the house to clear and also clear the CPF account. lucky thing clear all. then now start to save cpf money lor..i think for more interest rate for cpf 1% more is it ? only after ur savings in OA is more than 30k or something.. i forget liao.

my case is all pay from CPF, no need to top up with cash. mthly paying $500+ combined and amt in OA can get the extra 1% interest. so should i clear or hold on? :scratchhead: