There are moments when juggling your financial obligations calls for zen-like peace of mind. There is a mortgage to pay, a vehicle loan to repay, parents to support, and possibly a newborn as well. You might feel overworked if you have several financ ...
Securing Your Future: The Crucial Role of Insurance in Navigating Singapore’s Sandwich Generation Challenge
Singapore's rapidly aging population, coupled with delayed family planning, has led to an increasing number of individuals finding themselves in the Sandwich Generation. With life expectancy on the rise, the elderly are living longer, but not necessa ...
Women’s Financial Planning At Various Phases Of Life
Understanding the importance of planning for women is essential. Women are more likely to live longer given that they have an average lifetime of 86 years, which is about 5 years longer than that of males. This emphasizes the importance of making lon ...
Effects of Divorce on Finances in Singapore
According to the data from the Ministry of Social and Family Development (MSF), a greater proportion of married couples here in Singapore are divorcing. There have also been reports of divorce in other parts of the world, particularly after the Covid ...
Healthier Living And Home Care Expenses
Did you know that by 2026, one in five Singaporeans are expected to be 65 or older, making the country a "super-aged" society?This is a huge change that calls for innovative solutions to meet the healthcare requirements of an increasingly elderly pop ...
Managing Health-Care Costs
Nobody looks forward to getting sick and needing medical care in a hospital. The only thing on your mind is getting better and back to full health when it takes a toll on your body. During this moment, though, another important issue arises: the bill ...
How Do You Retire Early?
Many people's ultimate goal in life is to retire early. It means having the option of continuing to work past the age of mandatory retirement. In Singapore, if you want to retire legally, you need to be at least 63 years old. Planning ahead and bein ...
How Much Cash Should Be Kept On Hand For Emergency Fund?
The comfort that comes from knowing you have enough money to get by when life throws you a curveball is immeasurable.That's why it's crucial to have some money set aside in case of an unexpected expense. In the event of an unexpected financial setbac ...
Things To Think About When Purchasing A Second Home
Inflation has been in the spotlight for weeks, and more rate hikes are expected in the coming months. If you've been thinking about buying a second home, it might be a good time to start planning for it now, since a rise in interest rates could lead ...
How To Increase Your Wealth: 6 Different Income Streams You Can Develop
You may have noticed prices rising in Singapore unless you've been living in a hut in the Mandai forests and growing your own food. The Consumer Price Index (CPI), which measures overall inflation in Singapore, increased to 7.5% year over year (y-o-y ...