Kombucha SCOBY

 Hi guys, please scroll down and help vote for my son’s *Team JPH020* submission for MOE’s Singapore Science & Engineering Fair. The team is very passionate about protecting marine wildlife using sustainable material (SCOBY from Kombucha) for fishing nets. It is really quite brilliant!

Video on project is a MUST WATCH!

Vote for *Team JPH020* here! Need to scroll down to find the correct team!

Great business idea!

No More Mortgage

 So last month I blogged about something massive brewing.

Basically we have completed full repayment of our mortgage last week.

It’s such a huge milestone for some reason, and each day nearing the deduction date by the bank felt like something or anything could go wrong.

I’m so glad we made the decision to do it and upon its completion, it really felt really good!

So yay to me and wifey.

Now we’re just waiting for the title deed to be confirmed returned to us in the digital registrar administered by SLA.

Did you know that based on the average private property mortgage size of 500K to 1M in Singapore, assuming 3% loan interest and 30 year tenure, you’d be paying between 250K to 500K in interest to your bank if you just stuck to your loan repayment schedule?! That’s about half your original loan amount that you will pay in interest! People just don’t notice it because they just consider their monthly repayments of 2.5K to 5K and see if they can afford it month by month.

No wonder the banks make so much money!

Anyway I’m not here to educate anyone or advocate anything, and having a longer loan tenure allows people to afford more now with their future earnings. I’d have to take another loan too if I were to buy my second property. I’m just being happy for myself that’s all. Yay little wins!

Now to aim for bigger things ahead.

Suffice to say 2025 has begun well. Let’s hope it gets even better!

Let’s go!

Huat ah!!!