How I manage my money for March 09

Posted on Saturday, April 18, 2009 at 9:32 am
       

   
   

In March, I am just trying to save whatever I can. Having seen the un-stability in all financial markets, nothing is safe and sound. The banks might crumble anytime, but let’s hope the recession doesn’t affect us that bad.

And since the POSB MySavings interest rates has fallen to 0.4%, its time I pull the savings out, bit by bit first. (I was told by the bank teller my interest rates will fall if I withdraw, but hey its already so low, who cares?) On another note, I was thinking to increase my savings to Citibank, since it has a not-so-bad interest rate.

Around the corner on the last day of March, I got a performance bonus from the company I worked in, roughly $2000. Not much, but its very good its times of crisis, and since it is a “reward” for my performance in WY 2008.

I’ve canada viagra just gotten an account from POEMS, an online internet trading platform for buying shares, funds, unit trusts, and options etc… In 2 weeks time I should be able to buy shares online. That would make a better and meaningful experience to write down here.

Nothing much on my expenses list, there isn’t really a need to spend this month. Just a Life insurance premium to Manulife.

Here’s this month’s breakdown:
Savings and Earnings

$2000 Employee Bonus
$500/month Citibank Step up Account (I guess this is the highest paying account currently)
$300/month POSB MySavings (this is just temporary hmm…)

Expenses
Insurance - $600
Some clothes - $100
A new Pillow and pillow case - $100

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  • Ahmad: Hi, Hi, Very Very Informative and Practical. :) :) :) :) Regards, Ahmad
  • Ahmad: Hi, Very Very Informative and Practical. :) :) :) :) Regards, Ahmad
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