Home ownership is an exciting step of adulthood, and marks a major milestone in #adulting. That is, until you confront the unexpected costs that can take a shockingly large chunk out of your savings account. Here are five most common costs of home ownership that you may not expect, and the steps you can take to avoid them. 1) BUSTING THE RENOVATION BUDGET via GIPHY Whether you're buying a resale flat from the open market, or a brand new apartment, you'll want to make some customisations to your new home. And that means signing on a renovation package that costs tens of thousands of dollars. You'd think that the large upfront sum would be enough to cover everything you could think of, but busting the renovation budget unfortunately happens more often than not. There are many reasons why this could happen, ranging from careless mistakes or miscommunications on the part of your contractor, to finding out you need extra hacking due to unexpected modifications. For older flats, the need for … [Read more...] about 5 unexpected costs of owning a home (and ways to avoid them)
Renovating a home
‘We’re not very religious but we’re spiritual,’ Ivy Almario says. ‘It’s really nice to be married to a person who can be your friend because you have the same values, so then chillax na kayo.’ This is a home filled with love. You can feel it in the padded walls with Jacobean motifs, it floats in the living spaces that are closed to the world outside with matchstick blinds, it bounces off the light from lamps shaped like ginger jars, it wafts to the second floor where the bedrooms are, where the landing has framed photos and letters from the turn of the 20th century which are affixed with American colonial-era stamps. This is the home of designer Ivy Almario and businessman Yong Nieva — everyone’s marriage and relationship goals… and tango inspiration. Located in the busy and noisy Makati central business district and surrounded by office and residential buildings, they’ve managed to create a love nest in this … [Read more...] about The look of love in Ivy Almario and Yong Nieva’s home
We know a lot of people are going to be sceptical or critical of the fact that anyone will ever be put in a situation where they have these two options. We agree. What we're trying to achieve in this article is getting everyone to think about which will deliver the more beneficial outcome in certain scenarios, and to understand how our choice between the two could have implications on our mindset, finances and career. THE HYPOTHETICAL SITUATION You're having your annual review with your supervisor, discussing your performance during the year. Things are going positively - you've accomplished most of what was expected of you, and your supervisor thinks you can be pushed to achieve more. Basically, your supervisor sees value in your work and wants you to stay. You're presented this option: "Would you prefer a year-end bonus or a salary increment next year?" WHAT YOU SHOULD BE THINKING ABOUT At the heart of this question, is whether you prefer to take a lump sum or upfront bonus or … [Read more...] about Which Would You Choose: An Annual Bonus Or A Salary Increment?
By Emily Mathieu Affordable Housing Reporter Tues., April 30, 2019 Toronto is in the thick of a global housing crisis and human rights and dignity must be put before dollars if the city is to have any hope of an equitable and prosperous future. That message was delivered by Leilani Farha, the United Nations special rapporteur on the right to housing, to the city’s planning and housing committee on Tuesday morning. “Worldwide it is now accepted and understood that there is a global housing crisis and I would say Toronto is in the thick of it,” said Farha, in Toronto for the release of Push, a documentary film in which she explores how global pools of capital have fuelled the housing crisis. The film is at HotDocs until May 4. “This visible homelessness on the streets is unacceptable in a rich country and a rich city like Toronto. The skyscrapers going up that are clearly not intended for the people who are in housing need and are clearly … [Read more...] about Homelessness ‘unacceptable’ in a rich city like Toronto, UN official says
Muji opened its first duplex store in Singapore at Jewel Changi Airport on April 26. Business Insider/Jessica Lin After 16 years on our sunny shores, Japanese brand Muji officially opened its first duplex store in Singapore at Jewel Changi Airport on Friday (April 26). Spanning over 1,300 sqm, the new store has over 4,000 products from furniture to snacks. While it’s not the largest Muji store in Singapore (the Plaza Singapura flagship store measures 1,640 sqm), the opening of Muji’s Jewel outlet is still a major milestone in the company’s history here. Business Insider/Jessica Lin Managing director of Muji Singapore Naoki Kadoike told Business Insider that the company was attracted to Jewel because of the access it offers to existing and potential customers from around the region. Designed by Japanese interior design firm Super Potato, the Jewel outlet features bold “wood, steel and earth” elements, while maintaining Muji’s signature minimalist, … [Read more...] about After opening first double-storey store and 88-seater cafe at Jewel, Muji exec says it will be renovating Singapore homes in the ‘near future’