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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
How Understanding Love Languages Can Enhance Your Family’s Financial Security
Love languages are a powerful tool for building stronger, more meaningful relationships within your family. They help you understand how your loved ones express and receive affection, fostering harmony and connection. But have you ever considered how ...
Financial Literacy in Singapore: How to Be Financially Smart Amidst Escalating Prices
In Singapore, the escalating cost of living is a pressing concern for many. From daily necessities to housing, prices are on the rise, making effective financial management more crucial than ever. Being financially literate is not just about understa ...