Part-time Job
This option is a personal favourite of mine. I get to choose what I would like to do(retail, fnb, admin etc) and also the amount of compensation which I feel is fair in exchange for my time.
Just to share, I joined a local company last year as their very first part-time retail consultant and which I asked for a $6/hr compensation. I "sold" myself cheaply in order to get their attention as I was looking for a super flexible schedule. Knowing that I was underpaid for the duties performed, I requested for a raise to $7/hr after three months of work and good conduct. It was approved. Few months later, it went up to $8/hr without me asking!
Government Funded Bursaries
This is basically "FREE" money as long as you meet the requirements and willing to put in the effort to collate the necessary documents. I know a handful of classmates and friends who give this a miss just because they find it a hassle to prepare and submit the required documents.
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| source: http://www.rp.edu.sg/sba/bursaries/government_funded_bursaries.aspx |
Awards
This is another "FREE" money. Just perform well as a student and you will be awarded. It can be through your studies or your CCA. For more information: http://www.moe.gov.sg/initiatives/edusave/funds-grants-awards/
This can easily be achieved if you really put in the effort. I have managed to bag a total of $1550 from this category. Two from my time in secondary school and two while I was in ITE.
Government Bonds and Scholarship
For those who have an interest in working for the government after your studies, you can consider the different awards/bonds/scholarships available. You can seek more information from sites such as http://www.mha.gov.sg, http://www.mindef.gov.sg and http://www.pscscholarships.gov.sg.
Personally, I am interested in the HOME Award(Poly) and will be applying for it when the application window for third-year students are open.
Disclaimer: What works for me may not work for
others.
Regards
The Frugal Mat
Regards
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