Where to go for a meaningful and inexpensive vacation?

I have blogged about how we should try to be tourists in our own country, have "staycations" or a vacation in our country. There are so many things to see and do in Singapore.

Some might think that this is just another cheapskate idea from AK. Well, when I think about how foreigners spend a lot of money to have vacations in Singapore and I don't have to, it puts things in perspective for me. Singapore is not a cheap place to have a vacation in! 

A: "Where are you going for your vacation?"

B: "Singapore lah."

A: "Wah, Singapore is so expensive, you very rich."

B: "Hehehehe..."

Today, I decided to visit the National Museum.

Specifically, the visit was to view the exhibits "In Memoriam of Lee Kuan Yew."

Remember what used to be here? See the red bricked gate posts?

This sculpture has been outside the National Museum for a long time.
I always thought they must be Chinese. Look at their feet.

The reason for my visit.

What's this? Want to make a guess?

In Memoriam of Lee Kuan Yew. Respect.

The "In Memoriam of Lee Kuan Yew" exhibition is free to visit and open from 10am to 8pm.

A vacation at home can be a meaningful vacation too without spending too much money. If you have young children and old folks at home, you will appreciate a vacation at home even more, for various other reasons.

So, where are you going for your vacation?

Related posts:
1. A family vacation without spending too much money.

2. Some of AK's other "staycation" photos.
3. Why have I been silent on Mr. Lee's passing?

Thank you for investing in Income for income.

Investing for income has been very rewarding for me and it has helped me tremendously in my quest to achieve financial freedom. 

Some of my investments have been with me for years and in some instances I even "forget" that I have them.







I received a little reminder recently in the form of a letter to thank me for investing in Income. I rather enjoy the pun.

I pay NTUC Income regularly for a couple of insurance policies. NTUC Income make some money from me but because I am a shareholder, I get a share of their earnings. 

It creates a feeling that the insurance coverage I receive from NTUC Income is "free". Nice.

Wait a minute. Didn't I say that my H&S insurance is free from the government before? Alamak, I am confusing myself.

Anyway, jokes aside, it takes time to create an abundance of passive income and it doesn't always have to be through investment in equities. Bonds and bond-like instruments could help us meet some of our expenses in life too. 

That is what passive income is for at the most basic level, to help pay some of our bills.

Remember, having passive income will help to reduce our reliance on earned income. It is the best form of insurance we can have. 

Of course, all in good time.

Updated on 31 May 2016:
Another reminder arrived in the mail today:

Q: Can non-policyholders apply for the shares?
A:
No, non-policyholders cannot apply for the shares. Only life policyholders of NTUC Income are eligible to subscribe to Income shares. This is a benefit given to them to enjoy attractive returns on a long term investment.

Q: How can policyholders subscribe to Income shares?
A:
Applications for Income shares have been closed since Dec 2004.
 We are currently maintaining a waiting list for life policyholders who wish to subscribe to Income shares. We offer the shares which are redeemed by existing shareholders to the persons on the waitlist on a first come first served basis.
 Life policyholders who are keen to be on the waiting list may send an email to ms@income.com.sg with their full name and NRIC number. We will contact the persons on the wait list when we are able to process their applications.
Source: NTUC Income FAQs
http://www.income.com.sg/NTUCIncome/CMSTemplates/PrintFaqs.aspx?pId=7099

Related posts:
1. How to get free medical insurance in Singapore?
2. Investing for income: An important element.
3. Building an income portfolio is like building a house.
4. Best insurance to have in life.
5. FCL's 7 year 3.65% bond: Who should buy?