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November 25, 2024
by Understanding Careshield

How Much Should You Earn Before Contributing to the Supplementary Retirement Scheme (SRS)?

Navigating the world of tax reliefs and investment options might not be as entertaining as viral social media trends (who really understands the whole "very demure, very mindful" trend?), but it’s definitely one of the most straightforward financial ...

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November 18, 2024
by Understanding Careshield

The Pros and Cons of Taking a Personal Loan Amid Rising Costs of Living: Is It the Right Choice for You?

When was the last time you heard someone say, "Things are cheaper now than before!" Probably never. If anything, we’re all feeling the squeeze more than ever. Rising living costs are no stranger to Singaporeans, as the city-state consistently ranks a ...

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November 11, 2024
by Understanding Careshield

Health Screenings in Singapore: Prioritizing Your Health

Living in Singapore comes with the benefit of one of the world’s top healthcare systems. With a rapidly aging population, ensuring that citizens receive adequate healthcare support is critical to managing and mitigating health risks. Despite Singapor ...

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November 4, 2024
by Understanding Careshield

How Much Do You Need in Your CPF to Retire Comfortably in Singapore?

Retiring comfortably in Singapore is a common goal for many, who aspire to spend their golden years in relaxation, free from financial concerns. But achieving this ideal retirement requires a careful, strategic approach to savings, particularly throu ...

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October 28, 2024
by Understanding Careshield

When is a Voluntary CPF Contribution a Smart Move for You

In a fast-paced world dominated by TikTok and the need for instant gratification, the idea of contributing voluntarily to your Central Provident Fund (CPF)—when you won't see the returns for decades—might seem counterintuitive. Why lock away your har ...

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October 21, 2024
by Understanding Careshield

Achieving Your Life Goals: A Complete Guide to Budgeting and Saving

Whether you're dreaming of traveling the world, owning your first home, starting a family, or retiring comfortably, turning those dreams into reality requires more than just wishful thinking—it requires careful planning, smart budgeting, and discipli ...

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October 14, 2024
by Understanding Careshield

What You Can Do to Stop the Sandwich Generation

The "sandwich generation" faces a unique and difficult financial dilemma—caught between the responsibility of raising children and supporting aging parents while also trying to secure their own financial future. Many find themselves overwhelmed, stre ...

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October 7, 2024
by Understanding Careshield

Why Getting Insurance Early is Key to Long-Term Financial Security

If You’re Short on Time:Many young Singaporeans remain underinsured, focusing more on immediate pleasures and experiences than long-term financial security.Starting insurance early helps you lock in lower premiums, ensure insurability, and protect ag ...

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September 30, 2024
by Understanding Careshield

Essential Child Insurance for Families in Singapore

As healthcare costs in Singapore continue to escalate, with medical inflation soaring to 10% in 2019 and projections exceeding 9% for 2020, ensuring adequate insurance coverage for your child is more crucial than ever. While health insurance can help ...

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September 24, 2024
by Understanding Careshield

How to Pay Off Your Mortgage and Live Debt-Free in Singapore

Owning a home in Singapore is one of the biggest milestones in life, but the mortgage that comes with it can feel daunting. However, with the right strategies, paying off your mortgage doesn’t have to be stressful. By leveraging available resources a ...

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