Planning for retirement is crucial, and beyond CPF, there’s another option available: the Supplementary Retirement Scheme (SRS). Unlike CPF, which is mandatory, SRS is entirely voluntary and comes with attractive tax benefits. However, it’s not a one ...
Maximizing Your Bonus: A Smart Approach to Growing Wealth in Your 20s
Receiving an annual bonus is a well-earned reward for your hard work, but how you use it can significantly impact your financial future. While it’s tempting to splurge on travel, gadgets, or luxury items, a strategic approach can turn this extra cash ...
Budget 2025: What It Means for Singaporeans
Prime Minister Lawrence Wong, in his first Budget address as Prime Minister, delivered the highly anticipated Budget 2025 statement on 18 February 2025. Titled "Onward Together For A Better Tomorrow," this year’s Budget is designed to bolster economi ...
How Much Does a Private Nurse for Elderly Care Really Cost in Singapore?
When it comes to family, most people would do whatever it takes to ensure the health and well-being of their loved ones, especially their aging parents. After all, our parents dedicated their lives to raising us, providing shelter, security, and stab ...
The Sandwich Generation in Singapore—Finances of Caring for Aged Parents and Children
In the bustling city-state of Singapore, a growing segment of the population is finding themselves caught between two generations, managing the financial burden of caring for both their children and aging parents. These individuals, known as the sand ...
Hiring a Domestic Helper in Singapore: Your 2025 Guide
In the bustling city-state of Singapore, a growing segment of the population is finding themselves caught between two generations, managing the financial burden of caring for both their children and aging parents. These individuals, known as the sand ...
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 ...
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 ...
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 ...
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 ...