Articles
Financial Responsibilities of a Young Working Adult
After many years of formal schooling and being out of school, like all young working adults, I was eager to excel in the career that I had embarked on. All of us would remember the time when we received our first pay cheque from our first full-time job. It was a...
A Visual Guide To SRS (Part II)
Start Comparing SRS-Approved Products Here
A Visual Guide to SRS Part I
Learn How To Save On Taxes With SRS Here
Here’s How to Use Your Funds in the SRS
This article is a continuation of our earlier piece on how to save on taxes using SRS. Funds in the Supplementary Retirement Scheme (SRS) can be invested into a wide range of instruments such as shares, unit trusts, insurance, bonds and fixed deposits. Or you can...
How To Save On Taxes Using The SRS
It is the time of the year when the focus is on the Supplementary Retirement Scheme (SRS) again as the deadline for contributing to the SRS draws closer. Despite the benefits that come with the Supplementary Retirement Scheme (SRS), it is often overlooked as some find...
How Can You Make Use Of the Supplementary Retirement Scheme (SRS)?
Now is the best time to save more and pay less tax. The Supplementary Retirement Scheme (SRS) was started in 2001 and the scheme has been getting popular. When you contribute to your SRS account, you enjoy the same dollar amount which you have contributed in tax...
Cheat Sheet: Best Savings Accounts For Kids 2018
As the festive season of Chinese New Year approaches, and your children's excitement escalates, it is an opportune time for you to help your child cultivate a healthy relationship with money. With a significant sum stuffed in red packets each year, opening a savings...
Here’s How Much Your Child’s Future University Education Will Cost In Singapore
The transition into parenthood is a time that provides parents with immense joy. It is also the start of a long journey that demands great sacrifice. As a quote goes, “Until you become a parent, you can't begin to discover your capacity for strength, love and...
Here’s The True Purpose Of Using Term And Whole Life Insurance
There was a recent article that discussed when it was suitable to Buy Term and Invest the Rest (BTIR) and when to use Whole Life Insurance. Contrary to what many think, the purpose of buying term insurance is not so that one can invest the difference from the amount...
Have You Done These Must-Dos Before You Invest?
The journey to begin to invest is a difficult path on its own. Most people are attracted by the high returns that investments could potentially provide but fail to understand the risks of investing. Many investors jump into the sea of investments and end up drowning....
Realisations Of A Financial Adviser
In November 2004, when I wrote in this column on why one should use term insurances instead of whole life plans, I never expected it to create such a great interest. Over the last 2 months, I received letters, emails, forum threads and phone calls expressing their...
5 Money Tips Fresh Graduates In Singapore Need To Know
Congratulations on your graduation! You have completed almost 2 decades of formal schooling. I savoured the time when I graduated, I was on my own to forge my path ahead. Receiving my first full-time pay was exciting but the excitement faded as quickly as it came....
