Kopi Money Series Pt 3: Lumi Health

Back with another Kopi Lui article for all those who chase deals and ideas to make some small change in your free time. So today's article is focusing on LUMI Health. This was started by HPB in collaboration with Apple to kind of 'gamify' exercising or encouraging exercise and health-related activities. I thought this was a step up from the 'Steps Challenge' (pun very much intended). So I will be running through my review of this gamification effort on health and exercise related activities. As mentioned in my earlier Kopi Lui posts, this is not a get rich quick scheme, but more of using everyday pockets of time to generate some money.

Basically, LumiHealth works only with Apple Watch. Your daily activities recorded via your Apple Watch earns you points to reach various checkpoints in a given chapter. At each checkpoint, you are given coins which can be used to redeem various rewards. Currently, I'm at Chapter 9 and you can see how many coins I have accumulated below.

Each ring you close on your Apple Watch gives you 100 points. When you reach the weekly goal (as shown in the picture above), you are rewarded with 8000 points. This weekly goal helps move Lumi along the chapters.

Additionally, there are various challenges available for you to complete. These are health related challenges. For example, the one shown above encourages the user to reduce salt intake and choose better food options. When you do this/check-in with this activity 3 times, you will earn a total of 2300 points.

So in my Lumi Health 'adventure' the past couple of months, I have earned a total of 25,950 points which translates to approximately $86 dollars worth of rewards. I like it that the developer indicated the monetary value of the points I have. Next we will take a look at the rewards available for redemption. 

For the full and latest list of reward options, you can refer here.

Overall, I think the Lumi Health app is a really good attempt at gamifying and encouraging health and fitness for everybody. The various challenges and information provided are up-to-date. The graphics and design of the user interface is also clean and easy to use.

If any reader has the Apple Watch but have not started on Lumi Health, I highly recommend you give it a shot *not a sponsored post*

Through simple, everyday healthy actions, you can earn rewards of up to $380 over two years. Click HERE so we can both earn bonus points! *WIN-WIN*

Share with me your thoughts and comments on such apps you guys are using! Remember to stay safe everyone!

On a separate note, I have started a YouTube Channel showcasing my hobbies. If you are interested, you can watch my latest video here! Any feedback, subscriptions or comments is deeply appreciated!

My YouTube Channel: LINK HERE!

My Instagram: LINK HERE!

Check out my other stuff: LINK HERE!

SG FI Dad, out.

StashAway Report April 2021

Wow, it is already May!? Been seeing a lot of 'Sell in May and go away' memes recently. How much truth is there in these, I am not so sure, you tell me! Nevertheless, April was eventful and there is a lot to be thankful for. Even though COVID-19 seems to be flashing its fangs again with some 'active clusters' appearing, I am hopeful that we can overcome this eventually. Just grateful that everyone at home is safe and sound. Hopefully, you guys have been doing well too and staying safe!

We have diligently continued our DCA strategy with StashAway as it continues to provide us with better returns than just parking this money in our savings account. We have also been DIY on some US ETFs and counters but I will update that in another post some other time. StashAway continues to have decent returns for us albeit unrealised as we have not cashed out anything. 

I have been using StashAway since 2017 but the contribution has been on and off then. More recently, we have made it a critical component of our portfolio as it provides us exposure to the overseas market. We have 5 portfolios across 2 accounts as we like to set different goals with different timelines.

Statement as of 30 Apr 2021:

Our portfolio thus far is valued at $17,411.18. Hopefully, our StashAway portfolio remains in the green and continues performing. 

If you are interested in getting started with StashAway, you can check out my link here to sign up. We both get up to $10,000 SGD managed for free for 6 months. Win-win! 

Share with me your thoughts and comments on if you have robo-advisors as part of your portfolio! Stay safe everyone!

On a separate note, I have started a YouTube Channel showcasing my hobbies. If you are interested, you can watch my latest video here! Any feedback, subscriptions or comments is deeply appreciated!

My YouTube Channel: LINK HERE!

My Instagram: LINK HERE!

Check out my other stuff: LINK HERE!

SG FI Dad, out.

Alternate Income Report: April 2021

April is done and dusted. I thought that April was eventful on many fronts. Our LO turned one and we had small gathering with family to celebrate the milestone. We are really fortunate to have these people around us who shower her with care and concern. As a football fan, we were rocked with the attempt of establishing a European Super League. I won’t go into details here but I thought it was distasteful, bad timing and overall a bad idea. The thought of having a league that does reward teams/players on sporting merit just boggles me. Okay, with that little recap out of the way, we can go into a nitty gritty details on how our portfolio performed this month. 

For Apr 2021, we received $206.75 from interests and dividend returns. Its the first month that we surpassed our target of $200 per month and it feels good to have reached a target. Hopefully the coming months will make up the shortfall which we experienced last month.

As we are inching towards the halfway mark of 2021, we continue to remain disciplined in our investment efforts. Sometimes it may be difficult to detach yourself emotionally, take a step back and examine the situation objectively. I mean, this is OUR hard-earned money. But I am thankful that we have each other to fall back on. By my rough estimates, I am confident that we will reach our goal of $200 per month in alternate income for 2021 with our continuous DCA entry into the market. Hopefully I did not compute anything wrongly and the data will back me up come December.

On a separate note, I have started a YouTube Channel showcasing my hobbies. If you are interested, you can watch my latest video here! Any feedback, subscriptions or comments is deeply appreciated!

My YouTube Channel: LINK HERE!

My Instagram: LINK HERE!