How To Save The Smart And Safe Way?

How To Save The Smart And Safe Way?

In a recent survey of 1,000 Singaporeans by OCBC, 50% of respondents said that they do not have enough savings to last them at least 3 months of their monthly expenses. What this means is that in the event of a job loss, about half of us would need to find another source of income […]

Giving Your Child a Financial Head Start – CNY Edition

Giving Your Child a Financial Head Start – CNY Edition

Happy 2020 and what a busy start to the year it has been! This article is for parents who are interested in imbuing their children with financial wisdom. Just as we are getting into the swing of things, i.e., getting balance in our work-life, recovering from the mini breakdowns for our children’s school arrangements and […]

From First Step to First Home

From First Step to First Home

Back in September 2018, NUS released a study on The Straits Times that discussed the effectiveness of government policies in increasing Total Fertility Rate (TFR) in Singapore. The authors found that the estimated cost of raising a child in Singapore from infancy to age 21 across the 30th, 50th and 70th percentiles of household income […]

Funding Your Child’s Education

Funding Your Child’s Education

Introduction In this article, we will focus on the cost of tertiary education in Singapore and the available financial instrument to help save for your child’s tertiary education. There are generally 2 ways that this cost can be funded, either parent-sponsored or self-sponsored. Depending on your belief and values system, funding your child’s tertiary education […]