We all have dreams for retirement—our own little piece of heaven where we can finally relax and spend the time doing whatever we want. But if you think about it, retirement is just another pace of life that demands more responsibility with your money to m ...
YA2023: Reducing Your Personal Income Tax In Six Ways
In Singapore, a progressive tax system is applied. This means that the more you earn, the more tax you pay.Personal income tax is a tax levied on the income of individuals. The amount paid depends on the amount of money one makes in the previous year and ...
How To Earn Extra Income In a Gig Economy
These days, the gig economy is one of Singapore's biggest industries. Entrepreneurs, seniors and even students are taking to working on a gig basis, which provides more flexibility compared to a corporate job.The "gig economy" refers to the growing number ...
4 Types of Insurance You Can’t Afford To Delay On Your 20’s
When the weather is nice and bright, you may not think much of an umbrella, but when it starts pouring, your umbrella becomes your only means of protection. Many of us do the same thing with insurance; we buy it only when something bad h ...
Someone Knocked on Her Door A Couple of Weeks Ago, Whom She Regards Now as Heaven Sent
An unexpected expense comes up for many people, but those with financial security know they can handle it. And dealing with the unexpected is a great way to build that financial security — because it's impossible to be prepared for everything life throws ...
Gone are The Hard Days, Long Nights, and Deadlines— Do Our Problems End with Retirement? Five Things You Need to Know About Retirement
After you've spent decades working toward something, you'd probably like to think that when you get there, everything would be perfect and go smoothly. Unfortunately, that's not how life works. Retirement may be different from the rest of your life, but i ...
5 Common Investing Mistakes People Make And How to Avoid Them
Investing is a subject that causes both excitement and stress for many people. It's exciting because it can be one of the most reliable ways to build wealth. It's stressful because it involves money, which is something most of us value very highly. The be ...
Five Things You Must Do Now to Make the Most Out of Your Golden Years
If you're like most people, you probably haven't given a lot of thought to your golden years. You may have a vague notion of what you'd like to be doing — and where you'd like to be doing it — but few details.Nonetheless, time goes on and life progresses, ...
The Cost Of Critical Illness Is Real. Why Do We Ignore It?
Have you ever thought about what would happen to your financial situation if you were to become critically ill? Being sick can be expensive. Even a mild cold requires you to make purchases—pain relievers, heating pads, tissues—and spend time re ...
Why Start Getting a Long-Term Care Plan While You are Still Young and Healthy? Here’s To Why It’s Never Early to Do So
Now that you're still young and healthy, long-term care insurance seems unnecessary. After all, you won't need the coverage for years, if not decades. However, according to the Ministry Of Health, one in two healthy Singaporeans aged 65 may re ...