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Building Wealth in Your Twenties: Mapping Out Your Personal Finances

Recent findings from a Deloitte survey spanning 46 countries have unveiled a concerning reality: nearly half of millennials and Gen Zers harbor deep concerns regarding their day-to-day finances. Among them, one-third grapple with a pervasive sense of financial insecurity, while over a quarter worry over their capacity to secure retirement income.  However, amidst these apprehensions, …

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Consuming Your Meals Quickly? Experts Say Mindful Eating Have Healthy Benefits

In today’s fast-paced world, eating has often become a rushed and mindless activity. With hectic schedules and endless distractions, many of us find ourselves eating on autopilot, barely tasting or appreciating the food we consume. However, experts advocate for a shift towards mindful eating, emphasizing its myriad of health benefits. It’s a practice that encourages …

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Navigating Financial Independence: The Strategies Toward FIRE Movement

In the pursuit of financial independence, the FIRE movement stands as a beacon of empowerment, advocating for disciplined spending and strategic saving to build a robust financial foundation. At its core, FIRE advocates the philosophy of living frugally, regardless of income level, to accumulate wealth for the future. This approach fosters a disciplined mindset and …

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Save more with CPF and SRS: A Strategic Guide to Financial Security

The Central Provident Fund (CPF) stands as a cornerstone of financial planning for both Singaporeans and Permanent Residents (PRs), offering a robust social security system designed to address key aspects of life such as retirement, housing, and healthcare. As an employee, contributing to your CPF account is mandatory, serving as a means to build a …

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Give Your Retirement Plan a Head Start: Tips for Building a Secure Financial Future

Retirement might feel like a distant reality when you’re in your 20s or 30s, but it’s never too early to start planning. Amidst the flurry of career aspirations, personal goals, and day-to-day responsibilities, there’s an undeniable truth: the earlier you start planning for retirement, the better off you’ll be in the long run. In fact, …

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Legacy Planning in Singapore: When is the Best Time to Plan For Your Family?

In life, uncertainties loom large, and the unexpected can strike at any moment. It is impossible to predict what events or illnesses may  come your way. In fact, according to the Ministry of Health, “1 in 2 Singaporeans who are healthy at the age of 65 is at risk of having a long-term disability over …

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The Importance of a CPF Nomination in Estate Planning

  Estate planning entails more than just drafting a Will. In Singapore, where Central Provident Fund (CPF) savings play a pivotal role in individuals’ financial security, it’s imperative to understand the significance of a CPF nomination. Unlike assets governed by a Will, CPF savings cannot be distributed according to one’s testamentary wishes. Instead, a CPF …

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Navigating Health Insurance in Singapore: A Comprehensive Guide

Singapore provides universal coverage for its citizens with multiple layers of care and among its ASEAN peers, it spends the most annually in healthcare on a per capita basis. With the increasing healthcare costs, driven by an aging population and chronic illness cases on the rise,  Singapore’s National Health expenditure is expected to increase to …

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