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 ...
Retiring Gracefully; Here Are Some Financial Tips For You!
With the changing dynamics of dating and marriage, more Singaporeans are opting to remain single. Whether by choice or need, being a single retiree comes with its own set of advantages and disadvantages, not the least of which is the need for cautiou ...
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 ...
The Unseen Costs of Providing Family Care
Most Asian families are extended, where people live together with their parents and grandparents. However, as we live with our parents, we may notice that they also age alongside us.So, eventually, we may have to shoulder the expense of caring for bo ...
Five Effective Ways To Manage Debt With The Rising Inflation
When we talk about inflation, we're talking about the general propensity for prices to rise over time in one’s economy. This means the purchasing power of money decreases, leading to price hikes. Inflation can have serious consequences for your finan ...
5 Reasons Why Singaporeans Need Mortgage Insurance
Purchasing a home is an enormous financial commitment, and it's also one of the biggest assets most of us will ever have.Our home loans are designed to last a lifetime. However, a lot of changes can occur in that time frame. Uncertainties, such as b ...
An Overview Guide on Endowment Insurance Savings Plans in Singapore 2023
In a thriving economy, inflation is inevitable. Prices for consumer goods and services are expected to rise.Your liquid cash in the bank will lose value if you don't make any actions to preserve or grow it. One day, you may find yourself short of mo ...
Is It Necessary to Have an Emergency Fund (And How Much Is Enough)
Throughout the second half of 2020, HSBC surveyed 1,200 Singaporeans as part of its FinFit Index study to reveal more about the financial habits, knowledge, and financial security concerns in Singapore. These results, which were published earlier thi ...