Giving ya a head’s up … this July 1st, the government is giving out their gst credits.
It will be the second payment this year, four months after the March 1 payout.
The Finance Ministry said 97 per cent of Singaporeans have signed up for these payments, so that’s good right. The word is getting out on the ‘free money’.
If you want to know how much you’ll be getting, go to the GST Offset Package page.
The question next is, what are you using that money for? It ain’t much, but still, using it for something productive I think is essential on such hard times.
Will you blow it off on the Great Singapore Sale (GSS)?
As for me, it’s going back to my ‘investment’. I’ve started this habit of ‘paying myself’ regularly the past few years now.
It’s one of the technique I learned from all those self-help audiobooks I’ve been listening to.
Over time, this cumulative untouched savings with interest will be my nest egg for my twilight years, excluding my CPF, Medisave, yada, yada, yada …
