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Posts tagged: Financial Matters

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January 15, 2024
by Understanding Careshield

I’m Ready to Invest, How? A Simple Guide for New Investors

Investing can be a powerful tool for growing wealth, but the sheer variety of investment options often leaves potential investors feeling overwhelmed. Overcoming this inertia is crucial for those looking to build financial security over the long term ...

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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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September 4, 2023
by Understanding Careshield

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 ...

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August 21, 2023
by Understanding Careshield

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 ...

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July 31, 2023
by Understanding Careshield

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 ...

The Importance of Planning Ahead for a Severe Disability and How It Pays (1)
July 24, 2023
by Understanding Careshield

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 ...

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