After posting some of the rebates on the credit cards which I use, here are the reasons why I focuses on them as well.
1) At the current rate, I am saving about $100 per month. This amount is a lot as it helps to pay about 2/3 of my utilities bill or 2/3 of my household singtel bills.
2) As I am a REIT investor, I also compare it to my investment (s-reitinvestmentblog.blogspot.com). Using my target of 8% as a guide, it is as good as having an extra $15,000 investment. To me, it is never easy to save this amount with a family of two young kids at home. Not bad actually.
For those who are starting out your family and starting to invest, maybe you can look at your expenses first and see how much you can save. It is easier and no money is required to invest. But do save and grow your family wealth so that they are financially secure.
A dollar saved is a dollar earned. As I continue to pursue my interest in S-REIT Investment through s-reitinvestmentblog.sg, I am also increasing aware of the amount of money which I will save through these credit cards.
Moreover, I am going to post all the major discounts and perks that I currently enjoy for only one purpose. When I need to find data, I know where to look for it all at one place. :-)
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