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Posts in category: Financial Matters

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June 10, 2024
by Understanding Careshield

Bridging the Protection Gap: Essential Steps for Comprehensive Financial Security

In the intricate landscape of financial planning, there exists a critical yet often overlooked element that can make or break your financial security: the protection gap. This gap isn't about the space between train platforms, but rather the shortfal ...

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April 29, 2024
by Understanding Careshield

Managing Finances for Parents in Singapore: A Comprehensive Guide

Being a parent comes with many joys and responsibilities, and managing finances effectively is essential to ensure the well-being and future security of your family. Planning for a baby involves more than just setting up a nursery and buying baby gea ...

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April 1, 2024
by Understanding Careshield

A Road to Financial Freedom

Financial freedom is a deeply personal concept, varying in definition from one individual to another based on their aspirations and priorities. For some, it entails achieving a level of financial stability that allows them to sustain their desired li ...

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March 11, 2024
by Understanding Careshield

Parent’s Guide: Securing Your Child’s Educational Future

Securing your child's educational future is a top priority for many parents. However, planning for your child's education in Singapore is a daunting task that can stir up anxiety in many parents. Given the rising costs of education, especially in com ...

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March 4, 2024
by Understanding Careshield

Understanding Depression in Singapore: A Comprehensive Guide

Most of us may have experienced moments of sadness, a natural emotional response to various life events or circumstances. While it's normal to feel sad or gloomy occasionally, persistent or intensifying feelings of sadness may signal something more c ...

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October 23, 2023
by Understanding Careshield

Why Insurance Is Crucial, And What Kind Should I Purchase

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 ...

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October 16, 2023
by Understanding Careshield

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 ...

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September 25, 2023
by Understanding Careshield

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 ...

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September 18, 2023
by Understanding Careshield

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 ...

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September 11, 2023
by Understanding Careshield

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 ...

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