Since late last year, Carmelle, one of our young professionals has been helping and inspiring many of us to be better with our finances. Through her instagram page, Centsability, she unpacks all things personal finance.

This Virus Sucks

Centsability_ Just another post about how crappy this virus is. My boss mentioned that management is considering either a 2-week shutdown over Easter, forcing everyone to take their annual leave, or will start asking some people to work part-time. I had a brief panic about what that would mean for me, about my budget, ability to stay ahead of my mortgage payments, my wedding plans.
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I got over the initial panic because even if that happens, I am still in a fortunate position just having a job. Even though my *official* emergency fund is low, I have money sitting in my offset that I can redraw in case I get desperate.
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It’s times like these that demonstrate why an emergency fund (enough to cover 3-6 months of expenses) should be an essential element in all of our financial plans. I didn’t end up investing that $500 in shares (that I referred to in my previous post), I will hold onto that just in case the economic situation gets even worse.
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I’m thinking of everyone who have lost their jobs, this is such a crazy time. Stay strong, budget and focus on your essentials.

This Virus Sucks

Centsability_ Just another post about how crappy this virus is. My boss mentioned that management is considering either a 2-week shutdown over Easter, forcing everyone to take their annual leave, or will start asking some people to work part-time. I had a brief panic about what that would mean for me, about my budget, ability to stay ahead of my mortgage payments, my wedding plans.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
I got over the initial panic because even if that happens, I am still in a fortunate position just having a job. Even though my *official* emergency fund is low, I have money sitting in my offset that I can redraw in case I get desperate.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
It’s times like these that demonstrate why an emergency fund (enough to cover 3-6 months of expenses) should be an essential element in all of our financial plans. I didn’t end up investing that $500 in shares (that I referred to in my previous post), I will hold onto that just in case the economic situation gets even worse.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
I’m thinking of everyone who have lost their jobs, this is such a crazy time. Stay strong, budget and focus on your essentials.

This Virus Sucks

Centsability_ Just another post about how crappy this virus is. My boss mentioned that management is considering either a 2-week shutdown over Easter, forcing everyone to take their annual leave, or will start asking some people to work part-time. I had a brief panic about what that would mean for me, about my budget, ability to stay ahead of my mortgage payments, my wedding plans.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
I got over the initial panic because even if that happens, I am still in a fortunate position just having a job. Even though my *official* emergency fund is low, I have money sitting in my offset that I can redraw in case I get desperate.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
It’s times like these that demonstrate why an emergency fund (enough to cover 3-6 months of expenses) should be an essential element in all of our financial plans. I didn’t end up investing that $500 in shares (that I referred to in my previous post), I will hold onto that just in case the economic situation gets even worse.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
I’m thinking of everyone who have lost their jobs, this is such a crazy time. Stay strong, budget and focus on your essentials.

How do tax deductions work?

Centsability_ Some people think that “claiming things on tax” means you’ll get 100% of the cost back. I wish! 😃
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Here’s how tax deductions work…

See the full post here.

How do tax deductions work?

Centsability_ Some people think that “claiming things on tax” means you’ll get 100% of the cost back. I wish! 😃
⠀⠀⠀⠀⠀⠀⠀⠀⠀
Here’s how tax deductions work…

See the full post here.

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