SMRT Continues to Smash 2021 Goals Amidst a Whole New Playing Field

SMRT Continues to Smash 2021 Goals Amidst a Whole New Playing Field

2020 proved to be the biggest hiatus for the Singapore Mass Rapid Transport (SMRT), and other transit systems across Singapore. The unexpected and unplanned break due to the quarantine protocols put a sudden pause to the bustling activity that used to be commonplace at train stations everywhere. Nevertheless, they continue to operate and improve their services to serve the riding public.

Since the circuit breaker has been lifted, the train stations have seen an increase in the flow of passengers. But the average daily ridership is still quite low, as many remain to work from home.

1.  Picking Up The Pace

Instead of maintaining status quo, SMRT picked up on their reorganisation plans. Alongside the SMRT CEO’s ongoing efforts to improve their workforce structure, the train management rolled out a sustainable and scalable train operation plan that allows the ground to keep current operations efficient, as well as increase the service should it be necessary.

Now that Singapore is starting to get back in the swing of things, SMRT has started to increase the capacity of trains to ensure that the passengers continue to have a reliable transportation option to travel from point-to-point.

To minimise crowding in trains, more cars run on the network during peak hours. The arrival frequency of the cars come in intervals of 3 minutes; the interval was 5 minutes before the pandemic. On top of temperature check kiosks, SMRT ensure they do their part in reducing the risk of transmission by replacing exit buttons with contactless sensors and the use of anti-microbial coating at high touchpoints in both trains and stations.

2.  Safer and Better Service For The People

In line with the Ministry of Health’s directives to prevent the spread of Covid-19, CEO Neo Kian Hong assures the riding public that SMRT remains dedicated to serve the passengers while making sure that everyone is safe.

Aside from the building projects and facilities improvement, the train operator maintains strict Covid-19 guidelines as the Ministry of Health put the country on heightened alert due to new cases of the virus, starting May 15th. But SMRT assures the riding public that safe distancing and health protocols are observed in all touchpoints.

SMRT takes the health and well-being of every passenger and employee seriously. Just a week ago, they immediately took action when they received a report that a passenger boarded the train without wearing a mask. The passenger refused to wear one despite being encouraged by the other riders to do so.

SMRT believes that the safety of one passenger is the safety of everybody, be it about the safe distancing protocols or the availability of safe transportation. They understand that a healthy workforce is key in providing a safe and continuous service to the people.

Management has collaborated with the Health Promotion Board to conduct health screenings for their employees and provide them with updates related to their health situations. It helps the members of the workforce, in the offices and on the ground, with the monitoring of their personal health and safety at work.

In addition to that, the employees have access to the SMRT Care Fund. The funds are there to assist staff with financial emergencies and ensure that they are not alone in times of need.

3.  Renewal and Maitenance Work

SMRT is on a mission to improve the quality of their service and has invested in communications, technology, and their people. Currently, stations are equipped with electronic displays that show train service updates and digital displays that provide answers to common queries. This helps to navigate the train network easier for new riders, regular riders, as well as visitors.

But the renewal and maintenance work wouldn’t have been successful without the talented individuals behind each initiative. SMRT is continuously growing and up-skilling their workforce to equip them with the skills and knowledge to perform the roles to the best of their ability.

As of this writing, there are 540 engineers and 3,300 maintenance workers keeping the system working and in top condition.

4.  Planning For The Future

The plan to expand the MRT network remains an active project despite delays due to Covid-19. There will be an additional 360 km to the network, and they plan to complete this by 2030. While the project completion may seem too far from now, Transport Minister Khaw Boon Wan explains that the availability of the construction workers has been impacted by Covid-related matters.

The delay is completely understandable as the health of the workers must always come first. Passengers can expect continuous service and more trains to ply the network by the year 2023. This will definitely help de-congest the stations and help the community sustain a safer and faster journey experience.

best,

– a contributed post

P.S.  Was this post helpful?  Consider buying us a coffee to show your love <3

Buy Us A Coffee!Buy Us A Coffee!

POSTS YOU’LL LOVE

15 Father’s Day Gift Ideas That Won’t Break The Bank

15 Father’s Day Gift Ideas That Won’t Break The Bank

Updated On May 14, 2020Some of the links in this post are “affiliate links.”  This means if you click on the link and purchase the item, WSW will receive an affiliate commission.  Additionally, Who Says What is a member of the Amazon Affiliate Program.  Please review...

read more

TRENDING PRODUCTS

2020 LIFE BOSS PLANNER

(38 PAGES)

$19.00 $9.00

BULLET JOURNAL BUNDLE

(87 PAGES)

$32.00 $12.00

Guide to Creating a Passive Income Source

Guide to Creating a Passive Income Source

These days having a job is not enough to ensure you have enough money when you retire. The pandemic highlighted this situation as many companies declared bankruptcy due to the lack of sales and increasing expenses.

In this situation, people wouldn’t be in dire straits if they have a source of passive income. Passive income is income a person gets from an enterprise where he does not participate actively, such as rental income. Here are some passive income sources people can consider starting to ensure they have another source of funds in case they lose their main income source.

1.  Offer A Rental Home

While buying a house or apartment requires you to make an initial investment, you can use it as a source of passive income in the future. With the low mortgage rates, you have a good chance of owning a new home if you have the money to pay for the down payment. You can either move into the house that you bought and rent out your old one or rent out the new house you bought.

While the pandemic affected the industry when it started, the current recovery will likely make this passive income source a good option. In the end, you’ll have a good passive income stream if you rent out a house or an apartment.

2.  Offer A Rental Room

If you cannot afford a new home yet but have an empty room above your garage, you can rent it out. Instead of using the spare room as a storage area, you can clean it and rent it out. Renting out spare rooms is a good source of passive income for retirees and empty nesters.

But it’s also important for people renting out rooms to check whoever wants to rent the room. They should check the background of the person before letting him into their homes. It is better to be safe than sorry.

3.  Start An Investment

For many people, the Individual Retirement Account (IRA) is their main investment stream to ensure they have money the moment they retire. Others put it on dividend-producing stocks. On the other hand, some people rely mainly on their 401(k) plan.

Whichever investment vehicle you should use, you should make sure to continue contributing to it so you’ll have something to look forward to when you retire. Another option is life insurance that comes with an investment. While this is a good option for people who have extra funds, they should still know how it works so they are aware of the rewards and risks in putting their money in this investment option.

4.  Start An Affliate Marketing Website

Another passive income stream option is an affiliate marketing website. This option is ideal for people who have web-related day jobs. Affiliate marketing is simply earning a commission by promoting the products or services of any advertiser or retailer. Some people create a blog with links to these products or services. Each time a website visitor buys the product using the link from the blog, the website owner or affiliate partner earns a commission.

All you need to do is to build a website or blog during your free time and promote it online. It will take time before you can build traffic into your website. But decent affiliate marketing websites can earn at least $10,000 each year. You should also provide content that is relevant to the readers so they will subscribe to your website and hopefully share it with their family and friends.

5.  Start A Print On Demand Business

If you have a creative side, you can use it to make money through a print-on-demand business. The print-on-demand business model is a low-risk way of selling items that carry your design. This can be shirts, mugs, and any other items. There are a lot of websites that offer print-on-demand services and all you need to do is to upload your design and promote your products online. Each time someone buys your design, you get a commission. The amount depends on the website where you uploaded your design.

6.  Offer An Online Course

If you are an expert in your industry, you can develop a course and sell it online. Aside from the course, you can also create e-books as well as online guides that you can also sell online. This can become a good source of passive income if your course is popular and many people are interested in it. But you should make sure it offers great value to your subscribers since they can also help you promote it through the reviews they make on your website.

The pandemic highlighted the importance of having a passive income stream since it provides you with a source of funds in case something happens to your main source of income.

best,

– a contributed post

P.S.  Was this post helpful?  Consider buying us a coffee to show your love <3

Buy Us A Coffee!Buy Us A Coffee!

POSTS YOU’LL LOVE

15 Father’s Day Gift Ideas That Won’t Break The Bank

15 Father’s Day Gift Ideas That Won’t Break The Bank

Updated On May 14, 2020Some of the links in this post are “affiliate links.”  This means if you click on the link and purchase the item, WSW will receive an affiliate commission.  Additionally, Who Says What is a member of the Amazon Affiliate Program.  Please review...

read more

TRENDING PRODUCTS

2020 LIFE BOSS PLANNER

(38 PAGES)

$19.00 $9.00

BULLET JOURNAL BUNDLE

(87 PAGES)

$32.00 $12.00

What to Consider Before Putting up a Tech Business

What to Consider Before Putting up a Tech Business

[Sassy_Social_Share total_shares="ON"]

A tech company has the potential to change the way people do things and benefit the world. Zoom, for instance, is an enterprise video communications tool that experienced massive success during the coronavirus pandemic. It has enabled employees to conduct meetings and brainstorming sessions in the comfort of their homes.

If you’re interested in creating a startup and becoming the next Zoom, Facebook, or Google, know that achieving success won’t be a walk in the park. Data from Small Business Trends reveal that only 56 percent of small businesses survive their fifth year. The rest fail because of not having the right team, poor marketing, and pricing issues, among others.

The good news is that the tech market has plenty of room for innovative ideas and technologies. What’s more, you don’t have to be a tech geek, like Bill Gates or Mark Zuckerberg, to produce something valuable and exciting. With the right plans and wise choices, you’ll have a shot in running a successful tech-based biz.

Here are six things you need to know when establishing a tech startup:

1.  Survey The Landscape

The tech industry has different kinds of businesses. Your goal is to find out who your direct competitors are, check what they offer, and uncover the gaps that your startup can fill.

2.  Try to Improve Previous Tech Products or Services

When you launch a tech business, you don’t have to necessarily come up with something brand new. You could check what’s on the market and make it better. If you’re looking to create a chat bot platform, for instance, you don’t merely copy the features of an app and then market it to YouTubers. Develop an app or software that addresses the need or pain points of your target market.

3.  Secure Funding For Your Tech Idea

You need seed money to turn your brilliant tech idea into reality. Think about sources where you obtain your startup fund. Besides borrowing money from friends and family, you could get a loan, start a Kickstarter campaign, and seek out angel investors.

When funding your business, you don’t necessarily need to borrow huge sums of cash to get the ball rolling. Approximately 33 percent of small businesses start with capital below $5,000.

4.  Come Up With A Solid Business Plan

A business plan provides you the basic outline of what your tech startup will look like, how much funding you’ll need to develop your app, who your team will be, and how you’ll make company decisions. You can refer to this document should things start to turn south.

You’ll also need this document when you pitch your idea to investors. A business plan shows that you’re committed to building your tech startup.

5.  Evaluate Your Skills

Starting a tech business isn’t all about knowing how to code or develop a user-friendly platform. You also need business and leadership skills. If you’re not confident about the idea of managing a business, you could take up relevant online courses on websites like Udemy and Coursera.

Alternatively, you could enroll in a community college near your area and learn much-needed business skills, such as digital marketing and accounting. If you’re establishing a tech startup, you’ll likely fill nearly every position in your organization initially.

6.  Look For A Mentor

You don’t have to take your entrepreneurship journey by yourself. Get a mentor to help you navigate the difficulties of launching a tech startup venture. This person has to be well-versed with the ins and outs of the tech industry. A mentor should also be someone willing to offer you sound business advice.

A mentor can be just about anyone. This individual could a successful local business owner you admire, a university professor who is an expert at programming, or a consultant with extensive experience in the software development industry.

If you’re unsure where to find a reliable mentor, attend tech conventions or trade shows and get to know individuals who are running a business related to your startup. Once you establish a connection, ask if they’re willing to take on the role of a mentor.

Note that not everyone you meet is open to the idea — and that’s okay. Your goal should be to find a mentor who sees great potential in your skills or idea and genuinely wants to see you succeed. Just keep on asking people until you find the right one for you.

Consider these six things before tackling the challenges of building a tech startup company. If you have an amazing idea that could potentially change the world for the better, get your business in order first and then use everything you’ve learned to create that life-changing app, platform, or software.

[Sassy_Social_Share total_shares="ON"]

best,

– a contributed post

P.S.  Was this post helpful?  Consider buying us a coffee to show your love <3

Buy Us A Coffee!Buy Us A Coffee!

POSTS YOU’LL LOVE

15 Father’s Day Gift Ideas That Won’t Break The Bank

15 Father’s Day Gift Ideas That Won’t Break The Bank

Updated On May 14, 2020Some of the links in this post are “affiliate links.”  This means if you click on the link and purchase the item, WSW will receive an affiliate commission.  Additionally, Who Says What is a member of the Amazon Affiliate Program.  Please review...

read more

TRENDING PRODUCTS

2020 LIFE BOSS PLANNER

(38 PAGES)

$19.00 $9.00

BULLET JOURNAL BUNDLE

(87 PAGES)

$32.00 $12.00

Insuring Engagement And Wedding Rings: Things You Need To Know

Insuring Engagement And Wedding Rings: Things You Need To Know

[Sassy_Social_Share total_shares="ON"]

A wedding is one of the most important and memorable milestones in one’s life. For a lot of people, getting married to the most important person in their lives is one of the best things they could ever wish for in life, more than fame and fortune.

Most couples spend thousands of dollars on engagement and wedding rings. The typical engagement ring costs about $5,900 and above. Add in the wedding bands and the $1,500 jewelry coverage from most standard homeowners’ insurance just won’t cut it.

Even if you see the best USAA, Farmers, or Kin customer reviews and how excellent their policies and riders are, when it comes to wedding bands and engagement rings, you need to get special insurance to protect not just its financial value but its sentimental value as well.

Insuring Wedding Rings: Things To Look For

Like in any contract or transaction, the fine print always matters. When it comes to looking for the right policy provider, make sure to consider the following before making a final decision.

Coverage

In most cases, riders or floaters for standard homeowners’ insurance only cover fire and theft. There are a lot of other options that provide a wider range of coverage including accidents and loss. Be sure to ask insurance providers what the extent of their coverage is and if any other notable circumstances can be included in the policy you’re getting.

Replacement

Ask the policy provider how they go about replacements. Are you the one who will look for your wedding band replacements from certain jewelers or will they be the ones to do the work for you? Will they allow you to choose a check as compensation? How about partial loss or repairs? Will they cover it as well?

You need to make sure that you evaluate and clearly understand the replacement policy against your sentimental and financial concerns.

Value Assessment

As far as the assessment of your ring’s value is concerned, ask the provider how they plan to go about with its endorsement? Will they only consider the original purchase price or will they go with the current appraisal value of the item?

Documentation Requirements

For you to make the claim process easier, you need to prepare the necessary documents somewhere safe but easily accessible. Ask the policy provider what documents are needed for filing a claim. Typically, these include the paperwork that shows proof of ownership such as receipts, updated appraisals, and photos.

Get Them Appraised

Speaking of appraisals, you need to have your engagement ring and wedding bands appraised because insurers require them before processing any supplemental insurance coverage. You may have them appraised at the store where you bought them from or go to an independent appraiser.

Check out the appraisers’ directory from the American Gem Society to help you find one near you.

Considering how much engagement and wedding rings cost, insuring them is a prudent and wise move. Make sure to comb through the fine print of different policies to help you make a well-informed decision and that you end up with the best policy that suits your needs.

[Sassy_Social_Share total_shares="ON"]

best,

– a contributed post

P.S.  Was this post helpful?  Consider buying us a coffee to show your love <3

Buy Us A Coffee!Buy Us A Coffee!

POSTS YOU’LL LOVE

15 Father’s Day Gift Ideas That Won’t Break The Bank

15 Father’s Day Gift Ideas That Won’t Break The Bank

Updated On May 14, 2020Some of the links in this post are “affiliate links.”  This means if you click on the link and purchase the item, WSW will receive an affiliate commission.  Additionally, Who Says What is a member of the Amazon Affiliate Program.  Please review...

read more

TRENDING PRODUCTS

2020 LIFE BOSS PLANNER

(38 PAGES)

$19.00 $9.00

BULLET JOURNAL BUNDLE

(87 PAGES)

$32.00 $12.00

Practice Minimalism to Simplify—and Boost—Your Financial Life

Practice Minimalism to Simplify—and Boost—Your Financial Life

[Sassy_Social_Share total_shares="ON"]

Minimalism isn’t just about a tiny house, capsule wardrobe, or Marie Kondo. It can even mean different things to different people. But at its core, minimalism is about “less is more.” In personal finance, it doesn’t mean you stop spending money. Instead, eliminate distractions. This way, you can create more opportunities to spend on things that matter-and shift your mindset from making money to enjoying life.

1.  Declutter & Organize Finances Better

Clutter is the enemy of minimalists for various reasons. It creates visual and mental chaos, and having too much stuff means you have spent money on things you rarely use or need. Even if you don’t switch to a thoroughly minimalist lifestyle, it’s good practice to declutter regularly. You can earn extra income and keep your living space organized by merely selling old clothing, shoes, and household items.

Decluttering may also mean consolidating your bank accounts into a single savings account and one checking account. You can then simplify your banking and track your finances better. If it’s possible, cut back to one credit card. Choose one that offers the best rewards and interest rates. It will be easier to manage your monthly spending and handle payments with one credit card than having five or ten.

2.  Adopt The One-In , One-Out Rule

This rule of minimalism is simple: every time you buy something, you have to get rid of another thing you already have in the same category. Say, you want to buy a new belt, you have to let one of your old belts go. That is easy when you haven’t decluttered, but once you’ve pared down, it can be a harder decision. In a way, this helps you be mindful of every purchase and break the habit of impulse buying. Plus, with a formed habit of buying what you only need, you can free up money to invest and secure your future.

3.  Go For Multi Purpose Investments

To do more with less, minimalists often focus on items that serve multiple functions. Instead of merely buying a new wooden bed frame, they will look for one with built-in storage. You can take the same approach not only on your new purchases but also on investments. For instance, get a life insurance policy that comes with investment plans. You can cash in the investment to enjoy your retirement years. And with life insurance, your family’s financial future will be secured after your death.

4.  Value Experiences Over Material Things

The coronavirus pandemic has probably shown you what’s essential and what’s not. Build on that by looking at shopping as something you need, not something you do as a hobby or therapy. Many minimalists emphasize that acquiring less allows you to free up more time and money to create experiences. With or without pandemic, spending time with your loved ones should always come first.

Whether in fashion, home design, or personal finance, minimalism is about discovering what we need. By living with less, we have more room in our lives for things, experiences, or people who truly matter.

[Sassy_Social_Share total_shares="ON"]

best,

– a contributed post

P.S.  Was this post helpful?  Consider buying us a coffee to show your love <3

Buy Us A Coffee!Buy Us A Coffee!

POSTS YOU’LL LOVE

15 Father’s Day Gift Ideas That Won’t Break The Bank

15 Father’s Day Gift Ideas That Won’t Break The Bank

Updated On May 14, 2020Some of the links in this post are “affiliate links.”  This means if you click on the link and purchase the item, WSW will receive an affiliate commission.  Additionally, Who Says What is a member of the Amazon Affiliate Program.  Please review...

read more

TRENDING PRODUCTS

2020 LIFE BOSS PLANNER

(38 PAGES)

$19.00 $9.00

BULLET JOURNAL BUNDLE

(87 PAGES)

$32.00 $12.00