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January 13, 2025
by Understanding Careshield

Reflecting on Your Finances in 2024 and Financial Tips for 2025

As we step into 2024, it’s an opportune time to reflect on our financial health. Beyond just tracking expenses or setting up a budget, taking a deeper, more reflective approach allows us to understand our relationship with money, identify areas for i ...

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December 30, 2024
by Understanding Careshield

Starting the Year Right: Financial Tips for You

As the new year begins, it’s the perfect opportunity to take a closer look at your financial habits and set the tone for the months ahead. Whether you're saving for a new home, planning for retirement, or simply looking to manage daily expenses bette ...

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December 23, 2024
by Understanding Careshield

8 Tips to Help You Control Holiday Spending in Singapore

The holiday season is a time for joy, celebration, and making memories with loved ones. But it can also be a period of overwhelming financial stress. With so many temptations to spend, from festive gatherings and gift shopping to travel and entertain ...

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December 16, 2024
by Understanding Careshield

Understanding CPF: The Basics You Need to Know

Before diving into the more complex details, it’s essential to first understand the basic structure of the CPF system. At its core, CPF is a mandatory social security savings program for Singapore citizens and permanent residents. While the monthly c ...

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December 9, 2024
by Understanding Careshield

Million-Dollar Mindset: Balancing Enjoyment and Financial Goals

Who doesn’t dream of becoming a millionaire? I know I do, and the lines at Singapore Pools for those life-changing jackpots suggest I’m not alone. But let’s put the fantasy aside and consider a realistic question: What would it actually take to accum ...

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December 2, 2024
by Understanding Careshield

10 Must-Follow Finfluencers for Smarter Money Moves in Singapore

In today’s digital age, social media isn’t just for sharing selfies or keeping up with trends—it’s also a goldmine for learning. You can plan your dream holiday via TikTok, learn to fix your car from a YouTube video, or even gather renovation tips fo ...

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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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